The association between Boxabl and Musk first came to light in November 2020 but was officially confirmed last June. Since then, business has been incredible for the startup, even though founder Galiano Tiramani is quick to point out that Musk doesn’t get all the credit. Before Musk tweeted about the Casita, Boxabl had a 40,000-client waitlist, he tells Business Insider. With Musk’s tweet, that number jumped to 47,000.
If you think these figures are impressive, this just gets better: Boxabl also has 2,000 paid reservations, and total orders for over 100,000 units. Should all of these get built, they will amount to over $1 billion in revenue, which, let’s admit it, is not half-bad for a company that only got started in 2017 and has, so far, only put together three such units. Musk’s is one of those.
Now for the bad news, as per the same media outlet. Boxabl has only recently moved in a new factory, where it plans to put together a Casita every 90 minutes by the end of next year. Ultimately, production will ramp up to 3,600 units a year, so nearly 28 years will have to pass before the current pre-orders roll off the production line. Boxabl also has a $10 million contract with the government for military housing, and it takes priority over the waitlist.
In the end, living in a rental tiny home like the Boxabl Casita remains a luxury only the likes of Elon Musk can enjoy, even if it's cheap.
My primary home is literally a ~$50k house in Boca Chica / Starbase that I rent from SpaceX. It’s kinda awesome though.— Elon Musk (@elonmusk) June 9, 2021
Only house I own is the events house in the Bay Area. If I sold it, the house would see less use, unless bought by a big family, which might happen some day.
Eagerly awaiting the Cybertruck, need 12,000 pound tow capacity @elonmusk.#tech #startup #housing #construction— Boxabl (@_BOXABL) April 22, 2021
Disclaimer: Model X not rated to tow Casita. Do not try this at home. pic.twitter.com/PYWzd6wmTp