Tesla Cybertruck pricing is still murky: Here's where it could end up | Electrek

June 16, 2023

Tesla has yet to update Cybertruck pricing despite the electric pickup truck entering production soon. Here’s where we think it might end up.

When unveiling the Cybertruck back in 2019, Tesla announced that the electric pickup truck would be offered in three different configurations:

This is based on this chart unveiled by Tesla at the original event:

These configurations, specs, and pricing stayed on Tesla’s website and pre-order page for the Cybertruck for about two years before they were removed at the end of 2021.

Shortly after, Tesla indicated that the pricing and configurations would be updated closer to the production.

The production was delayed, but it is now finally happening.

Over the last few months, we have seen Tesla deploy production equipment and install its production line at Gigafactory Texas. The electric pickup truck is set to go into production this summer.

Now reservation holders have been waiting for an update on Cybertruck specs, configurations, and pricing ahead of the start of production or deliveries, but it doesn’t look like it will be the case.

Tesla CEO Elon Musk has indicated that it won’t give an update until the Cybertruck delivery event currently aimed for at the end of Q3.

So how much could the Tesla Cybertruck cost now following years of inflation and supply chain problems?

Electrek’s Take

To be clear, this is my best estimate based on a decade of following this industry closely and Tesla in particular every day and not something based on inside information.

As far as I can tell, Tesla probably doesn’t know exactly where the price will end up. The automaker is likely waiting to have a better understanding of its own production and a look at the rest of the market.

We already have pricing on the Rivian R1T and Ford F-150 Lightning, but those are evolving and we are also waiting for final pricing on the Silverado EV, which just got more interesting.

Here is where I think Tesla will end up with Cybertruck pricing and configurations:

Musk has previously indicated that a Quad motor option will be made available. I think Tesla could also leave behind the single motor option, and even if it doesn’t, it won’t come to market for years.

Top comment by Mordechai Cohen

numbers are (way) too low.

big batteries, new tricky construction techniques. expensive materials (ssteel, special glass, etc), initial low volumes.

not so easy to mass produce.

i suspect we arent seeing cost numbers on CT (or semi) is bc they are concerned about sticker shock when the public sees them.

(there will ba lot of pushback, bad publicity, negative affect on stock etc)

That’s also the case for the dual motor. I wouldn’t expect it to reach the market until 2025.

The quad motor is likely going to be first, but the only problem is that I find it hard to believe Tesla will be able to sell it for less than $80,000, which will be the target since it’s the price limit for the $7,500 federal tax credit for SUV and trucks.

Other than that muddying the waters, I think it should be pretty close to that.

What do you think? Let us know in the comments section below.

Stay up to date with the latest content by subscribing to Electrek on Google News.

You’re reading Electrek— experts who break news about Tesla, electric vehicles, and green energy, day after day. Be sure to check out our homepage for all the latest news, and follow Electrek on Twitter, Facebook, and LinkedIn to stay in the loop. Don’t know where to start? Check out our YouTube channel for the latest reviews.

This content was originally published here.

Tesla Cybertruck pricing is still murky: Here's where it could end up | Electrek