Though Tesla plans to ramp up production of its electric pickup in 2024, the company clarified today after its splashy delivery event that the cheapest Cybertruck variant will be available in 2025.
Tesla first announced a single-motor, rear-wheel-drive Cybertruck variant in 2019, promising a towing capacity of 7,500 pounds and one of 250 miles. Initially, the automaker had announced that it would charge $39,900. Then came the pandemic and other delays, at least in part due to the Cybertruck’s uncompromising metal body.
The seasons have changed, as have the value estimates of Tesla’s Cybertruck. The automaker now estimates it will cost $60,990, or $53,490 after $7,500 in federal tax credits. That’s more than the initial value of a Ford Lightning or Silverado EV (both around $50,000). ).
It’s conceivable that Tesla will end up reducing the initial value of its pickup truck, just as it has done with its other electric vehicles. But by 2025, a $39,900 Cybertruck will turn out to be a remote project.
Correction: Tesla estimates that the base Cybertruck styling will cost $60,990, $57,390.
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