Tesla Unveils Affordable $60,000 Cybertruck Model

Tesla Unveils Affordable $60,000 Cybertruck Model

Tesla has introduced a new dual-motor all-wheel drive Cybertruck, priced at $59,990. This marks the lowest entry point for the controversial electric truck to date, although it exceeds the initial target price of $40,000 set by Elon Musk. The launch aims to boost declining Cybertruck sales.

New Features and Pricing Adjustments

In addition to the base model, Tesla has also announced a $15,000 price reduction for the high-end Tri-Motor Cyberbeast variant, now available for $99,990. The new all-wheel drive version is currently accessible through the Tesla website.

Variants and Specifications

  • Price: $59,990 for the dual-motor AWD Cybertruck.
  • High-end Variant: Tri-Motor Cyberbeast now priced at $99,990.
  • Range: Dual-motor AWD offers 325 miles, compared to 350 miles for the discontinued rear-wheel drive model.
  • Features: Includes a powered tonneau cover, bed outlets, and adaptive damping not available in prior models.

Elon Musk indicated on social media that the $59,990 price for the AWD Cybertruck may only last for a limited time, specifically stating it would be valid for “the next 10 days.” This uncertainty adds a sense of urgency for potential buyers.

Sales Performance and Projections

Cybertruck sales have experienced a significant decline, estimated at 48% in 2025 with just over 20,000 units sold. This figure falls drastically short of the anticipated annual sales of 250,000 units initially forecast by Musk.

While the latest pricing adjustments may encourage potential buyers, the volatility in pricing for the Cyberbeast and other variants leaves consumers uncertain about long-term costs. This situation emphasizes Tesla’s ongoing struggle to establish the Cybertruck in the competitive electric truck market.

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