Recently, Tesla made significant changes to its Cybertruck lineup, discontinuing the $60,990 RWD version of the angular EV truck. This move came as a surprise to many, as the company also increased the price of the next-in-line AWD Cybertruck by $20,000. Now priced at $99,990, this decision raised the EV’s price floor by a staggering $39,000.
In addition to the price changes, Tesla also updated its delivery estimates for the Cybertruck models. The AWD Cybertruck is now estimated to reach customers between August and September 2024, while the higher-end Cyberbeast model is expected to be delivered between October and December 2024. This represents a significant improvement from previous estimates, as orders were originally scheduled for 2025 deliveries.
One of the most striking aspects of these changes is how far they deviate from Tesla’s initial promises regarding the Cybertruck’s pricing. Back in 2019, the company stated that the Cybertruck would start at $39,990, a far cry from the current prices of the AWD and Cyberbeast models. This significant price increase has left many potential buyers disappointed and questioning Tesla’s commitment to affordability.
The recent changes to the Cybertruck lineup are just the latest in a series of challenges and setbacks that Tesla has faced with this model. In addition to the pricing changes, the Cybertruck has also been plagued by two recalls this year. The first recall was due to issues with accelerator pedals, while the second was related to faulty wiper blades. These recalls have further tarnished the Cybertruck’s reputation and raised questions about the quality control processes at Tesla.
Beyond the specific problems facing the Cybertruck, Tesla as a company has been grappling with a range of challenges. These include falling profits, federal investigations, lawsuits, and additional recalls. The combination of these factors has created a turbulent period for Tesla, with the company facing scrutiny from both regulators and customers.
The recent changes to Tesla’s Cybertruck lineup reflect a series of setbacks and challenges facing both the model and the company as a whole. While the updated delivery estimates may offer some hope for customers waiting for their vehicles, the significant price increases and recalls raise concerns about the reliability and affordability of the Cybertruck. Tesla will need to address these issues swiftly and transparently to regain the trust of consumers and investors alike.
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