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CyberTruck price speculation

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Tesla Cybertruck pricing is still murky: Here’s where it could end up
Avatar for Fred LambertFred Lambert| May 19 2023 - 7:44 am PT
Tesla CYbertruck

Tesla has yet to update Cybertruck pricing despite the electric pickup truck entering production soon. Here’s where we think it might end up.
When unveiling the Cybertruck back in 2019, Tesla announced that the electric pickup truck would be offered in three different configurations:
  • Single Motor RWD with 250+ miles of range, 0-60 mph in 6.5 seconds, top speed of 110 mph, and starting price of $39,900
  • Dual Motor AWD with 300+ miles of range, 0-60 mph in 4.5 seconds, top speed of 120 mph, and starting price of $49,900
  • Tri Motor AWD with 500+ miles of range, 0-60 mph in 2.9 seconds, top speed of 130 mph, and starting price of $69,900
This is based on this chart unveiled by Tesla at the original event:
Tesla Cybertruck specs

These configurations, specs, and pricing stayed on Tesla’s website and pre-order page for the Cybertruck for about two years before they were removed at the end of 2021.

Shortly after, Tesla indicated that the pricing and configurations would be updated closer to the production.
The production was delayed, but it is now finally happening.

Over the last few months, we have seen Tesla deploy production equipment and install its production line at Gigafactory Texas. The electric pickup truck is set to go into production this summer.

Now reservation holders have been waiting for an update on Cybertruck specs, configurations, and pricing ahead of the start of production or deliveries, but it doesn’t look like it will be the case.

Tesla CEO Elon Musk has indicated that it won’t give an update until the Cybertruck delivery event currently aimed for at the end of Q3.
So how much could the Tesla Cybertruck cost now following years of inflation and supply chain problems?

Electrek’s Take
To be clear, this is my best estimate based on a decade of following this industry closely and Tesla in particular every day and not something based on inside information.

As far as I can tell, Tesla probably doesn’t know exactly where the price will end up. The automaker is likely waiting to have a better understanding of its own production and a look at the rest of the market.

We already have pricing on the Rivian R1T and Ford F-150 Lightning, but those are evolving and we are also waiting for final pricing on the Silverado EV, which just got more interesting.

Here is where I think Tesla will end up with Cybertruck pricing and configurations:
  • Dual Motor AWD with 300+ miles of range, 0-60 mph in 4.5 seconds, top speed of 120 mph, and starting price of $60,000
  • Tri Motor AWD with 400+ miles of range, 0-60 mph in 2.9 seconds, top speed of 130 mph, and starting price of $75,000
  • Quad Motor AWD with 450+ miles of range, 0-60 mph in 2.5 seconds, top speed of 130 mph, and starting price of $85,000
Musk has previously indicated that a Quad motor option will be made available. I think Tesla could also leave behind the single motor option, and even if it doesn’t, it won’t come to market for years.

Top comment by Mordechai Cohen
Liked by 40 people
numbers are (way) too low.​
big batteries, new tricky construction techniques. expensive materials (ssteel, special glass, etc), initial low volumes.​
not so easy to mass produce.​
i suspect we arent seeing cost numbers on CT (or semi) is bc they are concerned about sticker shock when the public sees them.​
(there will ba lot of pushback, bad publicity, negative affect on stock etc)​
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That’s also the case for the dual motor. I wouldn’t expect it to reach the market until 2025.

The quad motor is likely going to be first, but the only problem is that I find it hard to believe Tesla will be able to sell it for less than $80,000, which will be the target since it’s the price limit for the $7,500 federal tax credit for SUV and trucks.

Other than that muddying the waters, I think it should be pretty close to that.

What do you think? Let us know in the comments section below.
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And now for the next speculation:

Tesla would be 'lucky' to keep Cybertruck price at $75,000, MotorTrend CEO says
MotorTrend also finds that 78% of car shoppers are ‘very interested’ in EVs, with Rivian the top searched EV

EVs: Tesla Cybertruck 'would be lucky' to keep price at $75,000, MotorTrend CEO says

Pras Subramanian
Pras Subramanian

·Senior Reporter
Thu, May 18, 2023 at 1:58 PM EDT·3 min read

New data from MotorTrend finds that electric vehicles are hot on their users’ buying lists. And one upcoming EV pickup truck could be the most polarizing.

The motor magazine, TV network, and car-shopping site found that in the past year, 78% of active car shoppers are “very interested” in EVs at the moment, and that over the next five years nearly 50% of car shoppers say they will definitely or probably buy an electric or hybrid vehicle.

“All of us, even the people who are watching right now are saying to themselves, ‘I know I'm going to get an EV, is it the right time?,” said Alex Wellen, president and CEO of the MotorTrend group in an interview with Yahoo Finance. “‘I don't know about the range anxiety, I don't know about how I'm going to charge it, is it affordable?,’ but everyone knows that they're going to be inside of an EV soon.”

The inevitability of EVs in the car buyer’s mind seems to be growing by the day. And with the passage of the federal tax credit for EVs, and new models introduced every day, the pull to buy EVs is becoming more powerful. However, pricing may be an issue as the average cost for one soars to $55,000 on average.

That being said, when drilling down over the data the most popular EV models on MotorTrend’s Buyer’s guide starts with, not surprisingly, the Tesla Model 3, followed by the Ford Mustang Mach-E, Chevy Bolt EV, Tesla Model Y, and Lucid Air.
The Rivian R1T EV pickup

The Rivian R1T EV pickup

But what’s more surprising is that the most popular EV (and and vehicle overall) brand searched on MotorTrend.com over the past year is Rivian, which had 22% more search volume than Tesla, and 67% more than Lucid.

While the Rivian R1T pickup was named MotorTrend’s 2022 Truck of the Year, its relatively low sales volume, long waitlist, and high price make it a surprising top search term. But its capabilities, such as having four electric motors, 900 hp, and all-terrain abilities may have drawn curious EV shoppers in.

Speaking of electric pickups — the one that’s getting the most heat recently is the Tesla Cybertruck, due for production later this year. MotorTrend users are definitely interested in it, but not without caveats.

“From a design point of view it's very polarizing, and I think a lot of people just won't simply want it,” Wellen said, though he believes CEO Elon Musk has done a nice job of surprising doubters in the past, and should be close to as capable as the Rivian R1T.
The Tesla Cybertruck

The Tesla Cybertruck

But pricing will be key — and it’s here where the Cybertruck will have to thread the needle in a competitive space that also counts the Ford F-150 Lightning and soon the Chevrolet Silverado EV and Ram 1500 REV EV.

“Musk said in 2019, three and a half years ago that [the Cybertruck] would be $39,000 - I think eventually, like they did with the Model 3, they'll have a $39,000 truck,” Wellen said, but not right away. “But if they want to do three or four motors, I would say they would be lucky at $75,000.”

With the dual-motor Rivian R1T starting around that price, it will be an interesting landscape if Tesla is able to make the Cybertruck and its tri-motor setup at $75,000.

One thing is likely for sure, when the Cybertruck is finally out and available for sale, it just might become the most popular search term on the MotorTrend.com website — because of its fans as well as its haters.
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Yeh right, those numbers are way low. Thinking 80 k to start.
A few pictures of the fugly interior.
80’s video game at the arcade?
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I predict the CT never happens. They will have a truck eventually probably but I bet it looks more like a Maverick than the CT prototype.
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