Tesla Introduces More Affordable Cybertruck Model in the US at $59,990

Deep News
Feb 20

Tesla Motors has launched a new, lower-priced Cybertruck model in the United States, priced at $59,990, making this dual-motor all-wheel-drive version the most affordable Cybertruck offering to date.

According to pricing details on Tesla's website, the company has also reduced the price of its top-tier Cybertruck model, the Cyberbeast, from $114,990 to $99,990. Prices for other Cybertruck variants remain unchanged.

With these adjustments, Tesla appears to be discontinuing the "Luxe Package" for the Cybertruck, which previously included the Full Self-Driving (Supervised) option and complimentary access to the Supercharger network.

Last August, Tesla raised Cybertruck prices when it introduced this package as part of its lineup.

Earlier this month, Tesla also unveiled a new all-wheel-drive version of its best-selling Model Y SUV, priced at $41,990, which is higher than the less expensive rear-wheel-drive "Standard" variant.

Price reductions have become a central part of Tesla's 2026 strategy, aimed at lowering entry-level pricing to attract more cost-conscious buyers without waiting for new mass-market vehicles.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10