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Tesla Slashes Cybertruck Prices, Unveils Sub-$60,000 Model in 10-Day Offer

The cuts seek to revive demand following the loss of the $7,500 U.S. EV credit.

Overview

  • Tesla introduced a new dual‑motor, all‑wheel‑drive Cybertruck variant at $59,990, with the promotional price available for roughly 10 days.
  • The high‑performance Cyberbeast was reduced to $99,990 from $114,990 as Tesla dropped the Luxe Package.
  • The discontinued Luxe Package had bundled supervised autonomous driving features and free access to the Supercharger network.
  • The pricing move responds to softer orders tied to quality complaints, recalls, rising competition and the end of federal incentives.
  • Tesla frames the cuts within a 2026 plan that pivots production capacity toward humanoid robots and retires some premium models, raising margin concerns that analysts say may require cost cuts or more software revenue.