The cheapest Tesla Cybertruck is $99,990; promised $60K model canceled
Tesla's Cybertruck price rose from $39,900 to $99,990 after canceling a cheaper model. Despite production issues, it outsells competitors and is the best-selling vehicle over $100,000.
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Tesla's Cybertruck, initially promised to start at $39,900, now has a minimum price of $99,990, following the cancellation of the previously announced $60,000 model. The vehicle's production has faced numerous challenges, including quality control issues and recalls, yet it has managed to outsell competitors like the Ford F-150 Lightning, which is priced significantly lower. Despite the Cybertruck's unconventional design and high price point, it has become the best-selling vehicle over $100,000, with nearly three times the sales of the GMC Hummer EV in the second quarter of 2024. Analysts suggest that maintaining high sales volumes at this price level will be difficult for Tesla moving forward.
- The Cybertruck's price has increased from an initial promise of $39,900 to $99,990.
- The cheaper rear-wheel drive model has been canceled, with no mention on Tesla's ordering page.
- Despite production challenges, the Cybertruck outsells the Ford F-150 Lightning and GMC Hummer EV.
- The Cybertruck is currently the best-selling vehicle priced over $100,000.
- Analysts warn that sustaining high sales volumes at this price point may be challenging for Tesla.
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2 commentsTesla may have ramped production up dramatically - but it also means there is no remaining demand in their two million long preorder list for this model/price point. Also, they are only selling the "Foundation Series" which has all the options included.
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