Tesla's Cybertruck is priced 50% higher than initial estimate

1 December 2023
2023-12-01 16:05

Tesla's long-delayed Cybertruck will be priced starting at $60,990, over 50 percent more than what CEO Elon Musk had touted in 2019 and a cost analysts have said will draw select, affluent buyers at least initially.

The truck is made of shiny stainless steel, shaped into flat planes with few if any curves. Musk has said it is partly inspired by a car-turned-submarine in the 1977 James Bond movie "The Spy Who Loved Me."Cybertruck's new body material and unconventional, futuristic styling has added complexity and costs to production, and threatens to alienate traditional pickup truck buyers who focus on utility, experts say.

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