During Tesla’s annual shareholder gathering, Elon Musk opened with a heads-up about the Cybertruck pricing. The futuristic pickup, first shown in 2019, will not launch at the originally quoted price of 39,990 dollars as seen on PCMag. The price point from the initial reveal is no longer a reflection of the market realities today, Musk explained, highlighting the impact of inflation and other financial shifts that were unforeseen back in 2019.
According to Musk, the Cybertruck price at market introduction will be higher than the 39,990 dollars announced years ago. He did not specify the exact new pricing, choosing instead to acknowledge that changes in the economy have made exact estimates difficult at this stage.
Tesla described the Cybertruck as a forward-looking electric SUV with a bold, angular design. In the original presentation, Tesla outlined a strategic lineup featuring a single-motor base model priced at 39,990 dollars, a dual-motor variant at 49,900 dollars, and a tri-motor version at 69,990 dollars. An optional autonomous driving package was also discussed, with an additional 7,000-dollar premium in some configurations. The company indicated the autonomous feature would be an add-on for buyers who wanted it at launch.
There had been speculation about a mid-2022 launch timeline, a topic that circulated in early reports. The evolving price landscape has become a critical factor in evaluating the Cybertruck’s entry into the market, with early expectations now being refined by new economic conditions and product development milestones as cited by industry sources. The company’s leadership emphasized that timing, specifications, and pricing would align with what customers value most as results unfold over the coming months. The discussion underscores a broader industry trend where groundbreaking electric vehicles face revisions to pricing models as production realities take shape and supply chains stabilize. (citation: PCMag)