The company got rid of the rear-wheel drive Cybertruck that was supposed to come out in 2025. It was going to cost $60,990. Now, the all-wheel drive version is the new entry-level model, and it's $20,000 more expensive than before.
The Cyberbeast also saw a $20,000 price hike. It used to cost $99,990 but now goes for $119,990.
These changes mean the Cybertruck is now pricier than some of its rivals. For example, the GMC Hummer EV Pickup starts at $98,845, which includes a $2,295 destination fee.
The new prices are a far cry from what Elon Musk first promised. He said the Cybertruck would start at $39,900. But now, with a $1,995 destination fee, the cheapest Cybertruck will set you back $101,985.
Tesla also tweaked some of the truck's specs. The all-wheel drive model's range dropped from 340 miles (547 km) to 318 miles (512 km). It still packs 600 horsepower and can go from 0 to 60 mph (96 km/h) in 4.1 seconds, with a top speed of 112 mph (180 km/h).
The Cyberbeast saw its range decrease too, from 320 miles (515 km) to 301 miles (484 km). But it's still a powerhouse with 845 horsepower. It can hit 60 mph (96 km/h) in 2.6 seconds and has a top speed of 130 mph (209 km/h). It can also tow up to 11,000 lbs (4,990 kg).
Right now, Tesla only sells the Cybertruck in its fully loaded Foundation Series. We'll have to wait and see if Tesla brings back a cheaper version or if these new prices are here to stay.
Source: Tesla