Model 3 was a $1000 deposit. They dropped it to $100 for the Cybertruck despite it being more expensive. So they expect to convert fewer people than the Model

Model 3 was a $1000 deposit. They dropped it to $100 for the Cybertruck despite it being more expensive. So they expect to convert fewer people than the Model 3. Likely far fewer. So if Elon knows few people will convert then why call it a "pre order" and why does he keep announcing the numbers on Twitter every few hours? Either way despite the frothy market investors don't appear to be biting at the preorder numbers anyway, but the whole preorder song and dance feels like the world's biggest Kickstarter whose main function is raising a bunch of interest free loans.