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Tesla Cybertruck hits 1.5 million pre-orders

Yahoo Finance's Brian Sozzi and Jared Blikre discuss the number of pre-orders for the Tesla Cybertruck.

Video Transcript

BRIAN SOZZI: All right. Let's keep barking here. And we'll wrap it up with Tesla's Cybertruck. Elon Musk has been hyping the truck all year-- and actually, for a couple of years-- and it's finally close to production, and reportedly officially reached 1.5 million pre-orders. But can you leave it up to the hype here, Jared? Do you think this truck will actually come out, and do you think Tesla could produce 1.5 million of these within the next two years?

JARED BLIKRE: Well, I think the question is, can the 1.5 million people who have thrown down a whopping $100-- are they going to keep their commitments to buy this? I'm all about presales, and it generates nice buzz and everything. But I don't think it's any way reflective of the final sales here for Tesla.

BRIAN SOZZI: WTF? Where do you park this thing? This is not a normal truck. This is not like a Ford F-150 Electric.

JARED BLIKRE: The most conspicuous--

BRIAN SOZZI: This is a giant, giant truck with a lot of angles. This almost reminds me of the DeLorean, with that sheet metal exterior.

JARED BLIKRE: You know, if I'm giving out parking tickets for a living, I'm thinking there's got to be a drinking game involved with just-- like, let's target the Cybertruck. It's going to be very noticeable, so you don't want to double-park that, I would assume.

BRIAN SOZZI: Can you imagine the cost to maintain this thing?

JARED BLIKRE: Like a boat.

BRIAN SOZZI: Probably costs more than my co-op I live in out in Long Island.

JARED BLIKRE: It might float. Ridiculous.