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

February 21, 2026
Tesla slashes Cybertruck prices as it tries to move (unpainted) metal

Here's something that caught my attention — Tesla just slashed the prices of its Cybertruck, trying to clear out unpainted metal. Last night, they dropped the big bombshell: the tri-motor 'Cyberbeast' is now $15,000 cheaper at $99,990, but they cut some features like free supercharging and FSD. Plus, they introduced a new $59,990 entry-level model, a dual-motor setup that still hits 0–60 in 4.1 seconds and offers a solid 325 miles of range. According to Jonathan M. Gitlin from Ars Technica, that makes this new model a pretty good deal — especially since last year's single-motor version flopped at $69,990. But here's where it gets interesting — Tesla’s making some trade-offs. Towing capacity drops from 11,000 to 7,000 pounds, and cargo capacity shrinks, too. So, what does this mean? Tesla’s clearly aiming to move more units quickly, even if it means some compromises. Keep an eye on how the market responds — this could shake up the EV landscape.

Last night, Tesla made some hefty cuts to Cybertruck pricing in an effort to stimulate some sales. The bombastic tri-motor "Cyberbeast" is $15,000 cheaper at $99,990, albeit by dropping some previously free features like supercharging and FSD. And there's now a new $59,990 entry-level model, a dual-motor configuration with a range of 325 miles (523 km) and the same 4.1-second 0–60 mph (0-97 km/h) time as the $79,990 premium all-wheel drive version.

That actually makes the new entry-level model a good deal, at least in terms of Cybertrucks. Last year, the company introduced and then eliminated a single-motor rear-wheel drive variant, which found few takers when priced at $69,990; an extra motor for $10,000 less is quite a savings, and actually slightly cheaper than the price originally advertised for the RWD truck.

As you might expect, Tesla has made some changes to get down to the new price. The range and 0–60 mph time might be the same as the more expensive dual-motor Cybertruck, but towing capacity is reduced from 11,000 lbs (4,990 kg) to 7,000 lbs (3,175kg), and cargo capacity drops from 2,500 lbs (1,134 kg) to 2,006 lbs (910 kg).

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Audio Transcript

Last night, Tesla made some hefty cuts to Cybertruck pricing in an effort to stimulate some sales. The bombastic tri-motor "Cyberbeast" is $15,000 cheaper at $99,990, albeit by dropping some previously free features like supercharging and FSD. And there's now a new $59,990 entry-level model, a dual-motor configuration with a range of 325 miles (523 km) and the same 4.1-second 0–60 mph (0-97 km/h) time as the $79,990 premium all-wheel drive version.

That actually makes the new entry-level model a good deal, at least in terms of Cybertrucks. Last year, the company introduced and then eliminated a single-motor rear-wheel drive variant, which found few takers when priced at $69,990; an extra motor for $10,000 less is quite a savings, and actually slightly cheaper than the price originally advertised for the RWD truck.

As you might expect, Tesla has made some changes to get down to the new price. The range and 0–60 mph time might be the same as the more expensive dual-motor Cybertruck, but towing capacity is reduced from 11,000 lbs (4,990 kg) to 7,000 lbs (3,175kg), and cargo capacity drops from 2,500 lbs (1,134 kg) to 2,006 lbs (910 kg).

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