Tesla's original pre-order agreement for the Cybertruck specified that pricing would be subject to change, and given it's been three years nobody can be surprised at Musk's comments. As a reminder, the truck was originally priced at $39,900 for the Single Motor RWD version, $49,900 for Dual Motor AWD, and $69,900 for Tri-Motor AWD with deliveries starting in 2021. The company is now targeting mid-2023 for production.
Earlier this year, Tesla removed all mentions of pricing and took away the ability to configure the Cybertruck on its website. It's unclear how the final product's specs will differ from what was shown in 2019, but Musk promises, "the Cybertruck will be one hell of a product" and "a damn fine machine."
Many early comparisons were drawn between Tesla Cybertruck and the Ford F-150 Lightning, but now it seems all of those speculative assumptions can be thrown out the window. With an MSRP of $39,974, the Lightning will almost certainly undercut Cybertruck on pricing, as will the upcoming Chevrolet Silverado EV with its $39,900 starting price.
Tesla promised a 2.9-second 0-60 mph time, a 500-mile range, and 250+ kW charging speeds. How many of these promised will be realized on the final product? It's impossible to say. We'll wait to see if Tesla meets its mid-2023 timeline for production and deliveries, but we wouldn't be shocked if the Cybertruck is pushed back yet again.
In addition to the Cybertruck news, here are some other revelations from the Cyber Roundup: shareholders approved the three-for-one stock split but voted against better reporting for sexual, racial, and gender harassment complaints, Tesla will reach two million car per year production by the end of 2022, a new Gigafactory location will be announced later this year, and Musk once again promised widespread FSD beta deployment in North America this year.