Tesla cuts Cybertruck prices and adds entry model as sales fall short of 250,000 target
By Eve
Tesla has introduced a new Dual Motor All Wheel Drive Cybertruck at $59,990, $20,000 below the Premium AWD variant, and reduced the Cyberbeast price from $114,990 to $99,990. Sales totalled just under 39,000 units in 2024 and just over 20,000 in 2025, far below CEO Elon Musk's 250,000 annual target. The entry model removes air suspension and reduces towing capacity from 4,990 kg to 3,402 kg and load capacity from 1,134 kg to 910 kg.
Why it matters
Weak electric pick up demand signals a challenging segment for fleet operators and charging infrastructure planners targeting commercial vehicle electrification. Tesla's pricing pressure may influence procurement strategies for utility and construction fleets evaluating EV truck adoption timelines.
Source
- Original title
- “Tesla Cybertruck price slashed as new entry-level model appears”
- Published
- 23 February 2026 (date approximate)
- Updated
- 22 September 2026
In this story
- Topic
- Electric Vehicles
- Place
- Global
- Tag
- Tesla
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