Posted 11/30/2023, 10:19:02 PM
Tesla Hikes Cybertruck Price to $61K, Faces Crowded EV Truck Market
- Tesla unveiled the Cybertruck with a higher starting price of $60,990, over $20k more than originally promised
- Top-of-the-line Cybertruck model dubbed "Cyberbeast" costs nearly $100k
- Faces crowded EV truck market with capable options from Ford, GM, Rivian at similar price points
- Production ramp-up could be a major challenge due to radical stainless steel design
- No longer has clear advantages in capabilities like range and power compared to rivals