Buying a TESLA CYBERTRUCK with BITCOIN

[OgNasty]

Buying a TESLA CYBERTRUCK with BITCOIN

The Cybertruck was unveiled at the Tesla Design Studio in Los Angeles on the 21st of November in 2019. My intention is to pay for this Tesla using Bitcoin and document the experience here for interested parties to see how everything occurred.

If you're interested in making a purchase or taking a free Demo Drive from Tesla, please PM me for a referral link.  
Ordering with my referral link will get you 3 months of free Full Self Driving or $500 off the purchase of solar products.
It will also allow me to accelerate my Cybertruck order!


November 21st, 2019 - Tesla CEO Elon Musk unveiled the Cybertruck at the Tesla Cybertruck Unveiling Event in Los Angeles, California.  (watch)


January 20th, 2020 - I placed my preorder for the Tesla Cybertruck at https://www.tesla.com/cybertruck.  It required a $100 refundable deposit that was made using USD via a debit card.  The Cybertruck that was ordered is the DUAL MOTOR AWD model (more info on the Cybertruck here).  The price was $49,900 and I opted for the FULL SELF DRIVING PACKAGE which added another $7,000 to the price of the Tesla.




May 18th, 2020 - Elon Musk announced via Twitter that the price of the FULL SELF DRIVING PACKAGE is being increased to $8,000 on July 1st of 2020.  This price increase will not effect preorders.

October 21st, 2020 - Elon Musk announced via Twitter that the price of the FULL SELF DRIVING PACKAGE is being increased to $10,000 on October 29th of 2020.  This price increase will not effect preorders.

March 21st, 2021 - Elon Musk announced via Twitter that, "You can now buy a Tesla with Bitcoin" overjoying Tesla and Bitcoin fans.  He also posted that the Bitcoin will be held and not converted to fiat!

April 15th, 2021 - Elon Musk visits Giga Texas factory in the Tesla Cybertruck where mass production is expected to begin at the end of the year.




May 12th, 2021 - Elon Musk suspends Tesla's acceptance of Bitcoin for vehicles citing energy concerns.




June 13th, 2021 - Elon Musk tweets about Tesla resuming acceptance of Bitcoin for vehicles in the future once energy concerns are addressed.




July 3rd, 2021 - Elon Musk stated the Tesla Cybertruck will have 4-wheel directional steering, a feature similar to GM's EV Hummer Crab Walk.




December 10th, 2021 - Cybertruck caught in 4K in new drone video showing off windshield wiper.




April 7th, 2022 - The Texas plant is open and Elon Musk celebrated with a Tesla Cyber Rodeo Event.




June 23rd, 2022 - The Cybertruck design has been "locked in" according to Elon Musk with production set to begin in mid-2023.


November 30th, 2023 - The Cybertruck has officially launched as a manufactured product with pricing announced and shipments beginning!


January 11th, 2024 - The first Cybertruck has been received by a normal (non-employee) customer!



Price of the AWD Cybertruck when preordered: 6.59229 BTC
Current price of the preordered AWD Cybertruck:

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[Quickseller]

I am not a fan of the Cyber Truck but if you like it, good for you. I’d rather have a Tesla car.

Historically, people have purchased a Lamborghini as a sign of their wealth from bitcoin. I suspect that people will start doing the same with their Tesla, as they can now universally use their bitcoin to but a Tesla and it won’t be converted into dollars.  

[imstillthebest]

I am not a fan of the Cyber Truck but if you like it, good for you. I’d rather have a Tesla car.  

Historically, people have purchased a Ferrari as a sign of their wealth from bitcoin. I suspect that people will start doing the same with their Tesla, as they can now universally use their bitcoin to but a Tesla and it won’t be converted into dollars.  

never heard of ferarri accepted btc but ferarri's are expensive and if you bought one people around you will think your a millionaire .
its a sign of wealth but mostly not from bitcoin but for the tesla ? the founder is btc investor so as its followers .

 the tesla trucks design was plain simple but what do we expect in a truck ? it will matter in the inside and its usage. grats og you rich guy

[NeuroticFish]

Historically, people have purchased a Ferrari as a sign of their wealth from bitcoin.

Interesting and unexpected. I've read so many times "when Lambo?" and not at all "when Ferrari?"
I know of guys buying cars for Bitcoin especially in the winter of 2017/2018, but I don't know rich people, these guys bought normal city cars.

January 20th, 2020 - I placed my preorder for the Tesla Cybertruck

Although it's not the Tesla I'd prefer, it's the first post I read about Tesla that will be bought with bitcoin.
Is there any estimation on when will they deliver your truck?

[WhyFhy]

Forum should give one away, it would be good PR for bitcointalk.org and tesla!

[OgNasty]

I am not a fan of the Cyber Truck but if you like it, good for you.

They had me at bulletproof. 

the tesla trucks design was plain simple but what do we expect in a truck ? it will matter in the inside and its usage.

The Cybertruck is all about substance over style.  The stainless-steel exoskeleton design is a game changer.

Is there any estimation on when will they deliver your truck?

Elon has stated, "If we get lucky, we'll be able to do a few deliveries toward the end of this year, but I expect volume production to be in 2022," so your guess is as good as mine beyond that.  I hope to be taking a tour of Tesla's Gigafactory Texas facility sometime next spring as I've heard that picking up your truck in person will be an option that includes a tour.  It would be great to document the tour as well as the self driven trip home and I hope I get the opportunity to do so. 

[Quickseller]

Historically, people have purchased a Ferrari as a sign of their wealth from bitcoin.

Interesting and unexpected. I've read so many times "when Lambo?" and not at all "when Ferrari?"

You are right, bitcoin hodl'ers bought Lamborghinis to show off their bitcoin wealth. I updated my post accordingly.

I am not a fan of the Cyber Truck but if you like it, good for you. I’d rather have a Tesla car. 

Historically, people have purchased a Ferrari as a sign of their wealth from bitcoin. I suspect that people will start doing the same with their Tesla, as they can now universally use their bitcoin to but a Tesla and it won’t be converted into dollars. 

never heard of ferarri accepted btc but ferarri's are expensive and if you bought one people around you will think your a millionaire .
its a sign of wealth but mostly not from bitcoin but for the tesla ? the founder is btc investor so as its followers .

It is actually a Lamborghini, not Ferrari. I think it was actually unusual for people to buy Lamborghinis with bitcoin, there were a few dealers that had merchant accounts with payment processors and sold a small number of cars with people sending bitcoin to their payment processor, but most of the time I believe people sold their bitcoin on an exchange, and used the proceeds to buy a Lambo.

[OgNasty]

Historically, people have purchased a Ferrari as a sign of their wealth from bitcoin.

Interesting and unexpected. I've read so many times "when Lambo?" and not at all "when Ferrari?"

You are right, bitcoin hodl'ers bought Lamborghinis to show off their bitcoin wealth. I updated my post accordingly.

The Cybertruck isn't something I'd buy to "show off" as there are certainly more expensive and flashy vehicles that could be purchased.  It's functionality and durability are things that have yet to be matched by any other civilian vehicle.  It's new manufacturing process makes it quite a bit cheaper than it's competition as well.  I think the more people learn about these trucks, the more coveted they will become.

If anyone was interested in a vehicle to purchase as a show of wealth, I think the Seabreacher would make a far better choice than either a Tesla or a Lambo. 
"Roads?! Where we're going We don't need Roads!!!"

[blucepheus]

If anyone was interested in a vehicle to purchase as a show of wealth, I think the Seabreacher would make a far better choice than either a Tesla or a Lambo.  
"Roads?! Where we're going We don't need Roads!!!"

Nope nope nope. My Lambo takes the cake.  

[Quickseller]

Historically, people have purchased a Ferrari as a sign of their wealth from bitcoin.

Interesting and unexpected. I've read so many times "when Lambo?" and not at all "when Ferrari?"

You are right, bitcoin hodl'ers bought Lamborghinis to show off their bitcoin wealth. I updated my post accordingly.

The Cybertruck isn't something I'd buy to "show off" as there are certainly more expensive and flashy vehicles that could be purchased.  It's functionality and durability are things that have yet to be matched by any other civilian vehicle.  It's new manufacturing process makes it quite a bit cheaper than it's competition as well.  I think the more people learn about these trucks, the more coveted they will become.

I am curious as to what you are doing that makes you need a cybertruck. Are you regularly towing heavy things? It does appear that Tesla has an advantage over other trucks with their cybertruck.

IMO, the cybertruck is ugly and I see no reason to buy one over a “regular” Tesla unless you are towing heavy payloads on a regular basis.

[NeuroticFish]

IMO, the cybertruck is ugly

I certainly agree to this and imho it's one of the "points" that makes people not choose it.

If anyone was interested in a vehicle to purchase as a show of wealth, I think the Seabreacher would make a far better choice than either a Tesla or a Lambo. 
"Roads?! Where we're going We don't need Roads!!!"

I would rather go for a Tesla model X or a Maserati Levante.

[Quickseller]

IMO, the cybertruck is ugly

I certainly agree to this and imho it's one of the "points" that makes people not choose it.

I kinda feel like that Musk is trying to make a statement with the Cybertruck. It is apparently cheaper than comparable trucks, which is the opposite of prices of electric cars when compared to gas cars (gas trucks tend to get poor gas milage). Gas trucks also tend to have high profit margins for car companies. 

[OgNasty]

Price of Cybertruck when ordered: 6.59229 BTC
Current price of my Cybertruck:

I added this to the OP.  Fun to see the price of Cybertruck fall so much in BTC terms so quickly.  Could you imagine what this forum's reaction would be if Elon posted here?
 "Tesla is a scam!  Elon Musk isn't being honest about the value decline of his vehicles!"  LOL

More seriously, this is a very good example of why things cannot be priced over time in BTC terms.  The price change is 100% a reflection of Bitcoin's exchange rate movement and nothing to do with the underlying asset, in this case the Tesla Cybertruck which has only become more valuable over this price period. 

I am curious as to what you are doing that makes you need a cybertruck.

It's more about what I can't do because I don't have a cybertruck.  Some people get it, some don't.  You don't, and that's ok. 

[OgNasty]

Elon Musk visited the Giga Texas factory in the Cybertruck prototype yesterday.  I imagine that must have been pretty cool to witness.  Construction of the facility has been going at breakneck speed and there's been some talk of starting Cybertruck production early at the Freemont, CA plant while we all wait eagerly for the Giga Texas factory to be completed and start rolling these babies off the assembly line. 

[Nhazwrath]

Its a cool idea.  And I am totally for it. 

And here it comes.


BUT.

I am Canadian and I also do not live inside a city.   Which means that a vehicle like this one must be able to 400 miles in the worse winter road conditions you have ever seen (you thought that Texas thing was bad lol thats a regular day here)  and do it day in and day out.  There's only a few vehicles that meet my requirements that are sold commercially. 

Out of the list there's very few that are Practical On top of being Able.

4Runners top the list.   I don't list jeeps due to the fact they rust to death so quickly and are always broken(they ARE able they just cost too much to maintain thus falling in to the unpractical category). My current 4runner has 254k miles and is a 2006  spot of rust on the back door.  that's it.   most jeeps tapped out at 10 years old without massive maintenance. my last 4runner was a 1991 tank that lasted for 500k miles and I Put it in the junk yard still running due to the rust was becoming a issue I couldn't stay on top of.

Electric Vehicles suffer badly in cold weather.  Their battery range is severely limited due the effects of cold on batteries.  A 300 mile range vehicle will be reduce to 200 at minus 15C.  LONG highways and lack of charging stations And long charging times make these vehicles very impractical in my opinion. 

I do love that stainless though.  Rust is the death of all vehicles here.  It doesn't matter how good and practical they are.   I wish my 1991 4runner had been made from stainless.  Id still have it. 

[OgNasty]

Elon reverses stance on Tesla accepting Bitcoin citing energy concerns.  Say it ain't so!  While he does leave the door open to accepting Bitcoin in the future, this doesn't seem like a good thing in the short term for the market and more specifically, this thread.  I intend to purchase a Cybertruck regardless of the payment method involved, but we'll have to stay tuned to see how this turns out as far as the Bitcoin aspect.

[NeuroticFish]

Elon reverses stance on Tesla accepting Bitcoin citing energy concerns.

Bitcoin mining was always using whatever electricity found, although I expect the hydro power be used much more.
However, I don't know what game Tesla is playing, since if they didn't sell and also don't plan to buy, they just hurt (for short term) the "value" of their investment (although they're still on profit, I know that too).

Now I wonder how long until SpaceX stops accepting altcoins. 

[WhyFhy]

Guessing dogecoin will be tossed aside by him too since it's not 1% of BTC efficiency?.

Elon wouldn't come here. Not as  "Himself".

I wouldnt doubt he reads a paragraph on here once in a while.
I feel like elon played us , but I'd be lieing if I said I didnt see it all coming g a mile away. Hopefully this man loses his influence he has over crypto. Keep in mind hes still a noob to crypto. Just has enough capitol to look like a pro. If a man that smart showed up to crypto that late shilling doge of all coins ,it was just a venture. Didnt even have to think just would say "BTC" on his bio and wed get 10% boost. Retail investors are gullable af. 

I used to respect him and his ambitions still do in many aspects. But these days hes kinda just fucking the rhythm of things up. Starlink, now crypto. Seems kinda impulsive. 

[JohnBitCo]

Elon reverses stance on Tesla accepting Bitcoin citing energy concerns.  Say it ain't so!  While he does leave the door open to accepting Bitcoin in the future, this doesn't seem like a good thing in the short term for the market and more specifically, this thread.  I intend to purchase a Cybertruck regardless of the payment method involved, but we'll have to stay tuned to see how this turns out as far as the Bitcoin aspect.

I am sure he will announce in the near future that tesla can be bought using dogecoin. If you could wait sometime, you will be happy to spend cheap dogecoin and get something valuable as Cybertruck 

[OgNasty]

Elon Musk has left the door open for Tesla to resume accepting Bitcoin in the near future once positive energy trends have shown themselves in the data.  I suspect the Tesla Cybertruck will be purchasable with Bitcoin in early 2021 and suspect that I will be able to do just that.  It remains to be seen if I am correct or not, but at least this thread has some hope. 

Here's part of Elon's tweet where he mentions Bitcoin acceptance by Tesla.