Tesla slashes Cybertruck prices as it tries to move (unpainted) metal

Source: Ars Technica

Pricing Updates

Last night Tesla announced significant cuts to Cybertruck pricing to boost sales.

• The tri‑motor “Cyberbeast” is now $15,000 cheaper, priced at $99,990. The reduction comes with the removal of previously free features such as Supercharging and Full Self‑Driving (FSD).
• A new entry‑level model starts at $59,990. This dual‑motor version offers:
  • Range: 325 miles (523 km)
  • 0–60 mph (0–97 km/h) time: 4.1 seconds
  • Performance matching the $79,990 premium all‑wheel‑drive version.

The entry‑level price is a notable improvement compared with last year’s short‑lived single‑motor rear‑wheel‑drive variant, which was priced at $69,990 before being cancelled (source). The new dual‑motor configuration is therefore $10,000 cheaper than that former model and even undercuts the original advertised price for the RWD truck (Ars Technica).

Specification Changes

To achieve the lower price points, Tesla has adjusted several specifications:

• Towing capacity: reduced from 11,000 lb (4,990 kg) to 7,000 lb (3,175 kg)
• Cargo capacity: reduced from 2,500 lb (1,134 kg) to 2,006 lb (910 kg)
• Suspension: steel springs and adaptive dampers replace the previous air suspension
• Exterior: different tail lights are used
• Interior:
  • Seats are now textile‑based (see discussion on alternatives to leather in luxury cars here)
  • No seat ventilation for the front row and no seat heaters for the second row
  • Revised console layout, no AC outlets in the cabin, and fewer speakers
  • Active noise‑cancellation system is omitted

These changes allow the Cybertruck to be offered at the new, more competitive price points while maintaining the core performance figures of the higher‑priced dual‑motor version.