What will be the price of the Tesla Cybertruck? I don’t think it will be the same as it was announced before.
The Tesla Cybertruck is one of the most highly anticipated vehicles of the year. While much of the vehicle's specs and features are known, the most important part - the price - remains a mystery. Tesla initially planned for three configurations, the Single Motor, Dual Motor, and Tri-Motor, priced at $39,990, $49,990, and $69,990 respectively.
However, due to supply chain constraints, inflation, and other factors, these prices are no longer applicable.
Musk has stated that the Quad-Motor configuration will be the first one offered, but no price has been announced for it yet. Additionally, the fate of the Single and Tri-Motor configurations remains unknown. It is likely Tesla will increase the prices of the Cybertruck compared to what they were in 2019, as long as some of the configurations remain the same.
The Cybertruck is sure to be a game-changer in the automotive industry. Its unique features, such as the armored body, will make it stand out from the competition. However, the biggest question on everyone's mind is how much will it cost? We will just have to wait and see what Tesla has in store for us.
Regarding the new and not-yet announced features of the Cybertruck, you guys had some great comments under my previous coverage of the topic. I am going to present some of them here.
A user named, Tru Conspiracies, writes that he is “betting that the Cybertruck will be designd to better compete with the Ford Lightning. This will include providing back up power for the home, and using the battery for power tools at Construction Job sites.” I think this makes good sense.
As new features the Tesla Cybertruck may also inclue “crab steering, retractable boat propellor (to enable it to drive when out of depth in deep flood water), ability to power your house, AC hose port - to pump cool air into a house, during a power cut in the summer - or to cool tent! All possible option that I would include if I was designing this type of vehicle,” writes another user, named Steve Byng.
Anyway, back to the price. The most expensive Cybertruck is going to be the Quad-Motor trim. I hope that the Quad-Motor Tesla Cybertruck will be under $80,000, so that it may qualify for the IRA Tax Credit for electric cars. I am sure Tesla will take this into consideration.
Tesla says it has learned how to produce less-costly cars and as a result it has dropped the prices of its electric cars significantly in the past several days. I am thinking Tesla will use that expertise to build less-costly Cybertrucks and price them reasonable so more people can afford them. However, this is very unlikely in the beginning of Cybertruck’s mass production because Tesla has reportedly more than a million Cybertruck orders to fulfill and deliver.
Let me know please what you think about Tesla Cybertruck’s potential pricing. Do you think the prices will be more expensive compared to what Tesla has already announced, or will they be less expensive considering the reasons, which influenced Tesla’s price cuts last week.
To fulfill so many Cybertruk orders Tesla will need as many gigafactories as possible. And we are getting more news about Tesla’s possible future production locations. Yeserday Tesla just got so far the highest level ministerial confirmation that the company and BYD are nearing a deal to start electric vehicle production in Indonesia. If things go this direction the next Tesla Gigafactory will be announced in Indonesia. Tesla is yet to issue a statement on this
Armen Hareyan is the founder and the Editor in Chief of Torque News. He founded TorqueNews.com in 2010, which since then has been publishing expert news and analysis about the automotive industry. He can be reached at Torque News Twitter, Facebok, Linkedin and Youtube.