Tesla Hikes Cybertruck Prices up to 10% After Announcing End of Production
The cheapest orderable Cybertruck now costs $92,490 as the base Dual Motor AWD trim is removed from the configurator.
Tesla has increased U.S. Cybertruck prices by up to 10% and suspended orders for the base Dual Motor AWD trim, following confirmation that production at Gigafactory Texas will end around mid-2027.
What Happened
According to Tesla’s online configurator, the Dual Motor AWD model is now priced at $82,490, an increase of $7,500 from its August price of $74,990, but is no longer available for order. The Premium AWD trim has risen to $92,490, up $7,500 from $84,990, while the Cyberbeast is now $102,490, a $2,500 increase from $99,990. Consequently, the lowest price point for a currently orderable Cybertruck is $92,490.
This adjustment marks the second price hike in under three months. In August, Tesla raised prices by $5,000 on two trims, moving the Dual Motor from $69,990 to $74,990 and the Premium AWD from $79,990 to $84,990. When combined with the latest increases, the Premium AWD is now $12,500 (15.6%) more expensive than it was in early August. The entry price for any available Cybertruck has jumped 32% in approximately 10 weeks, rising from $69,990 to $92,490. By comparison, Tesla originally unveiled the Cybertruck in 2019 with a promised starting price of $39,900.
Why It Matters
The price increases occur amid declining demand for the vehicle. Tesla does not report specific Cybertruck delivery numbers, but the company’s “Other Models” category—which includes the Cybertruck, Model S, Model X, and Semi—fell 48% year-over-year to 8,295 units in Q3. Electrek estimates that Cybertrucks accounted for 7,000 to 8,000 of those units, representing roughly 12% of the line’s 250,000-unit annual capacity.
Tesla has previously attempted various pricing strategies to stimulate interest, including a limited-time dual-motor offer at $59,990 in February and the discontinuation of a single-motor RWD version after only 173 sales. The vehicle is not sold in Europe or most right-hand-drive markets, and Tesla canceled plans for Australia and New Zealand last month. The current pricing strategy appears focused on maximizing revenue from remaining build slots rather than driving volume, effectively pushing buyers toward higher-margin configurations as the program winds down.
The Bottom Line
With production set to end in mid-2027, Tesla has removed the cheapest trim from sale and raised prices on remaining models, resulting in a 32% increase in the entry price for orderable units since August.
