Tesla has opened up a new way for customers to get their hands on a Foundation Series Cybertruck, allowing some long-term shareholders to skip the line and take early delivery. The offer is also open to Canadians for the first time, suggesting the first deliveries north of the border might be sooner than we think.
Tesla first announced the Cybertruck in 2019, and after multiple delays finally started delivering the first units to customers late in 2023. In the four years that passed between the night it was revealed and those first deliveries, as many as 2 million people (estimated) put down a refundable deposit to reserve their spot in line.
The long lineup, and the slower than usual production ramp, means that it could still be years before some customers take delivery of their Cybertruck.
To help speed up the process for some, Tesla recently added a new award to the referral program where you could redeem 30,000 credits, the equivalent of three referrals, for an accelerated delivery timeline. The reward, which was only available in the US, brought a mixed reaction, as it is not easy to earn referrals, and was seen as a way of rewarding those with a prominent social media reach, instead of the “average” customer.
Now the company has opened up another avenue for some customers to have an accelerated delivery timeline. Although this one is perhaps even more restrictive.
Announced by Tesla’s head of Investor Relations Martin Viecha on X, the company is allowing long-term Tesla (TSLA) shareholders to also skip the line and take early delivery of a Foundation Series Cybertruck.
According to the eligibility requirements, you must have owned at least 500 TSLA shares as of February 29, 2024, and have had at least 50% (or 250) of those shares as of February 28, 2021. If you fall into that category and made a Cybertruck reservation before March 1, 2024, you have until end of day March 22 to sign up.
However, even if you are able to provide the required brokerage statements to prove this, you might not be picked, as the wording says you will receive an email with details about the delivery “if confirmed.”
As we mentioned, this offer is open to Canadians. We told you earlier today that the Cybertruck hasn’t yet been approved for sale in Canada, but is getting close to receiving regulatory approval. This is another good sign just how close the company might be to finally starting deliveries in Canada.
If you meet the requirements, you can sign up here.
