The 2022 Annual Shareholders’ Meeting, Elon Musk said that the price of the Tesla Cybertruck will be from the first announced price.
The Tesla Cybertruck was first announced in 2019, before the pandemic. This futuristic truck experienced several production delays, when other competitors were already on the market such as the F-150 Lightning, Rivian R1T and Hummer EV.
After several design revisions, Elon Musk said that the final design of the Cybertruck electric truck is final and will start production in mid-2023.
With the condition of raw material inflation, it is not surprising that Cybertruck prices are also rising. Tesla has several times raised the prices of other vehicles they have produced.
Tesla during the pandemic faced various problems especially supply chain and inflation due to the war in Ukraine.
“Cybertruck pricing, it was unveiled in 2019, and the reservation was $99,” Elon Musk reminded everyone at the Shareholders Meeting. “A lot has changed since then, so the specs and the pricing will be different. I hate to give sort of a little bit of bad news. But I think there’s no way to sort of anticipate the inflation that we’ve seen and the various issues,” Elon Musk Musk said.
At the beginning of its launch, the Cybertruck was available in three variants at varying prices:
- Single Motor RWD – $39,900 before options
- Dual Motor AWD – $49,900 before options
- Tri-Motor AWD – $69,900 before options
In June, Elon Musk confirmed that Tesla had finalized the Cybertruck design and would soon begin production. On a Q4 2021 earnings call, Elon Musk said the company is adding a lot of new technology to the Cybertruck.
Cybertruck specs when introduced:
- 250+, 300+, and 500+ miles of range
- 3500 lbs payload
- Towing rating between 7.5k to 14k lbs
- 250 kW charging
- Off-road performance with 35 degrees approach angle, up to 16″ clearance, and 28 degrees departure angle
- 100 cubic feet of exterior storage
- 110v/220v onboard outlets
- Full Self-Driving features (optional)
- Autopilot as standard
