Gary Zhou 
Key Points
- 🚗 Elon Musk hinted at Tesla Cybertruck pricing by referring to the Ford F-150 Lightning as “somewhat expensive.”
- 🚀 The first production unit of the Cybertruck has been completed and deliveries are imminent.
- 💰 Tesla initially listed three configurations for the Cybertruck, but the pricing and configuration options have since changed.
- ⚡️ Musk’s comments suggest that the Cybertruck could undercut the $49,995 starting price of the F-150 Lightning.
- 🔮 Rumors speculate that Tesla may eliminate the $39,990 Single Motor configuration and offer a base Dual Motor powertrain.
- 📅 Pricing and additional details about the Cybertruck are expected to be revealed this quarter.
Elon Musk potentially hinted at Tesla Cybertruck pricing by indirectly commenting on the pricing of its anticipated competitor, the Ford F-150 Lightning. Shortly after Ford reduced prices by up to $10,000, Musk referred to the F-150 Lightning as “somewhat expensive.”
The recent milestone of the Cybertruck’s first production unit rolling off the assembly line at Gigafactory Texas suggests that the all-electric pickup, initially unveiled in late 2019, is approaching its first customer deliveries.
Nonetheless, several crucial details, including configuration options and pricing, remain unknown at this time.
During the initial unveiling and pre-order phase, Tesla offered three configurations for the Cybertruck: Single, Dual, and Tri-Motor vehicles, priced at $39,990, $49,990, and $69,990, respectively.
However, Tesla eventually removed these prices from the company’s website and indicated that a Quad-Motor Cybertruck would be the first unit produced at the Texas factory. This was never confirmed by the automaker, and as fluid as Tesla’s plans are for its vehicles, this has likely changed.
Pricing and other details are expected to be revealed this quarter, as deliveries are imminent based on the production unit that was shown off by Tesla on Saturday.
However, CEO Elon Musk made a statement today about one of the Cybertruck’s competitors, the F-150 Lightning, after prices were cut by Ford as the company is scaling production due to cost decreases.
Ford’s cuts of nearly $10,000 on some models were still not enough to convince Musk that the truck was affordably priced, hinting the Cybertruck could undercut the Lightning in even its cheapest Pro configuration, which now starts at $49,995.
“The Ford Lightning is a good vehicle,” Musk said, “just somewhat expensive, especially given the high interest rates these days for any kind of loan.”
Rumors have speculated that Tesla will completely scrap the $39,990 Single Motor configuration of the Cybertruck, with the base being a Dual Motor powertrain.
It is going to be interesting to see what configuration Tesla goes with initially and where it is priced.
If Musk’s comments about the F-150 Lightning are any indication of where the Cybertruck will be priced, perhaps the all-electric pickup could undercut the $49,995 configuration of Ford’s truck.
