Tesla’s Cybertruck Will Be Pricey Than The Original Plan

Much more expensive than planned? The update is bad news for Tesla fans.

by contentwriter

Author: Ave Smith

Boasting a striking look and intriguing, innovative construction, Tesla’s Cybertruck has already bewitched many people to create reservations ever since Tesla CEO Elon Musk unveiled it. 

What makes the Cybertruck fascinating is its initial price, which starts from $39,900. 

It has attracted a lot of people, given how competitive the specs are. However, that price tag was back in 2019. 

Things changed. In fact, Elon Musk also believed in that. That is why it is predicted that Tesla’s Cybertruck would be much more expensive than initially announced. 

The price prediction became more believable when the exciting price tag of the Cybertruck vanished on the Tesla pre-order website. This strongly translates to a price hike upon the release of the Cybertruck.

So, what’s the latest about the price of Tesla’s Cybertruck? Greatly, Elon Musk cleared the issue by discussing the electric car at his company’s annual shareholder meeting. 

Keep on reading to know more. 

Bad news for Tesla’s Cybertruck Fans

The pandemic spared no one. As a matter of fact, it caused tough and unforeseen challenges for everyone. Apparently, that was also what Elon Musk stated as the reason why Tesla’s Cybertruck price will be different from the original plan. 

At his recent shareholder meeting, he stated that even the specs of the electric truck would also change because of inflation and other various issues. 

In 2019, Tesla’s Cybertruck had a promising and attractive price of $39,900 on the Tesla pre-order website. As a matter of fact, the electric truck is available in three options. Here are what people could choose from back then:

  • For $39,900 – A single motor rear-wheel drive that boasts 250 miles of range, a 7,500-pound towing capacity, and zero to 60 mph capabilities in under 6.5 seconds.
  • For $49,900 – A dual motor all-wheel drive that boasts 300 miles of range, a 10,000-pound towing capacity, and zero to 60 mph in under 4.5 seconds.
  • For $69,900 – A triple motor all-wheel drive that boasts 500 miles of range, a 14,000-pound towing capacity, and zero to 60 mph in under 2.9 seconds. 

No one still knows if the options will go on as originally planned, especially when Elon Musk stated that a lot of things have changed. 

Production Delays for Tesla’s Cybertruck

Aside from the bad news on the price, Elon Musk also dropped another one which is the delay on the in the long-awaited production of Cybertruck. Supposedly, the initial production starts in late 2021. 

However, the date also shifted, in which the company later announced it to be until 2022. 

Once again, the production has been delayed. According to the announcement, Tesla was aiming to set production in 2023. 

Later, Elon Musk confirmed that they were planning to start the production in mid-2023. 

Will this affect the fascination of people? There are doubts since there is no clear number of the reservations the Cybertruck currently has. 

Final Thoughts

Even by saying bad news, Elon Musk has still hyped its Cybertruck. Well, it might be worth it since the website indicates that the car features a lot of innovative designs, such as armored glass, an exoskeleton made of cold-rolled stainless steel, a vault, self-leveling capabilities, and many more. 

Undoubtedly, Tesla’s cars are highly popular because of their impressive innovative features that are hard to beat. However, the rise in pricing might affect its popularity. Nonetheless, you don’t have to worry because the legislation restricts eligibility for the credits to EVs price. 

The law states that the cost must be no more than $55,000 for new cars and $80,000 for pickups and SUVs. This means that Tesla’s Cybertruck will be priced within that range.

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