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Tesla Cybertruck: Pricing Predictions for Single, Dual, and Tri Motor Variants - The Competition Is In Trouble

The Cybertruck delivery event is just a week away, and we have what we think the pricing will be for the three Cybertruck variants. These prices mean trouble for the competition.
Tesla Cybertruck: Pricing Predictions for Single, Dual, and Tri Motor Variants - The Competition Is In Trouble

Cybertruck Pricing For 3 Variants

If you've read my Cybertruck complete guide, then you already know what I think the pricing will be of the three Cybertruck variants.

As a refresher, here's what I think the pricing will be. It's important to note that I don't think the single motor variant will be available at the beginning of the Cybertruck production ramp. It should be available later, though.

  • Single-motor: $49,990
  • Dual-motor: $59,990
  • Tri-motor: $79,990

I could be convinced that the dual-motor might be a little higher in price, especially if the range checks out to 350-400 miles or more, which sure seems possible from the latest Cybertruck range leak that happened.

The important thing to note with these prices that if they actually end up happening, then Ford, Rivian, and anybody else making pickup trucks in the U.S. are in trouble - especially if the range and performance of the Cybertruck ends up exceeding the competition.

The other interesting thing is that the inflation adjusted prices from the 2019 Cybertruck unveiling are very close to these prices I'm predicting here.

Inflation adjusted prices from 2019 to 2023:

  • Single-motor: $47,988
  • Dual-motor: $59,988
  • Tri-motor: $83,988

You May Also Be Interested In: What happens when your Tesla battery runs out at 0%?

Cybertruck Pricing and the Competition

Let's look at the Cybertruck pricing and potential specs compared to the competition, and why the Cybertruck will be the king of pickup trucks in the U.S. if these prices end up being true.

To see the specs of the Rivian R1T pickup truck, I went to Car and Driver. This is for the 2024 model that has everything added to it:

* As much as 835 horsepower
* 0-60 mph in 3 seconds
* Battery: 180 kWh
* EPA Range: 410 miles
* Price: $92,850 (all options)

The $92,850 price seems to be what you get if you add the large battery pack, performance option, and more.

The base price looks to be $74,000 to $74,800, depending on if you get the launch edition or dual-motor performance version.

I would expect Tesla to be able to offer a lower price for its trucks, as it is in a better position to do so with volume production and making a profit each year. Rivian is still in the early stages and is burning through cash as they work to the break-even and profitable point. Elon Musk said this is the hardest part - to mass produce at a profit.

Ford also offers the F150 EV, with a base price of $49,995 for 240 miles of EPA range. I expect the Tesla Cybertruck base model to be about the same price but get around 300 miles of EPA range. Fortunately for Ford, the Cybertruck won't have a base model available right away.

If the dual-motor Cybertruck is anywhere near my $59,990 price target, it's going to be vastly cheaper than the $74,000 Rivian. The higher-end versions of the Ford F150 EV START at $54,995, $69,995, and $91,995. And the price goes up with add-ons...

The confusing thing about Rivian and more, so Ford, is all the extra options. With Tesla, you get 3 trims and 3 prices. That's it - it's simple and easy to understand, and the specs for each are very clear.

The Cybertruck variants are looking like they are going to be much cheaper than Ford and Rivian, and if this holds true next week, I don't see how Tesla doesn't start eating their lunch in sales volume. It will be a better product for the price and have just as good off-roading capabilities.

I'll be sure to update right away when the Cybertruck delivery event happens next week with the exact pricing and specs for the Tesla Cybertruck.

In Other Tesla News: Tesla real world AI and X AI will create two AGI machines.

Do you think these will be the prices of the Cybertruck? Will the Cybertruck take sales from Rivian and Ford?

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Hi! My name is Jeremy Johnson, and I am a Tesla investor and supporter. I first invested in Tesla in 2017 after years of following Elon Musk and admiring his work ethic and intelligence. Since then, I've become a Tesla bull, covering anything about Tesla I can find, while also dabbling in other electric vehicle companies like Aptera. I cover Tesla and EV developments at Torque News. You can follow me on X.COM or LinkedIn to stay in touch and follow my Tesla news coverage. Image Credit, Tesla, Screenshot

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Comments

Michal (not verified)    November 24, 2023 - 4:52AM

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What you are writing simply does not adds up, unless tesla battery is going to be huge - way bigger than X.
If for simplicity we give advantage to cyber and we assume that aerodynamics between X and cyber are in par and negligible for efficiency comparison, then we have to compare weight. Cyber is definitely heavier than X so there is no way for same battery to have the same range. If not and we jump to 150 battery then how tesla would be able to sell it for noted prices???

Kevin (not verified)    November 24, 2023 - 10:48AM

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I know whats going to happen. Production hell in Texas will cause violence. Plant will be closed for cleanup and repair. Heavy Security will be brought in along with xray equipment, and metal detectors, settlements made, repairs done, along with therapy etc. costs passed on. Will jack up price 10k. Just the cost of Texas for you.

Scott (not verified)    November 25, 2023 - 2:20AM

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The key to vehicles like the CyberTruck will be the expected HV battery useful life in years and miles along with anticipated cost to replace the battery 15 to 20 years down the road if/when needed. Truck owners like to keep them for many, many years. It's not uncommon to see 40 year old trucks still in service. Going to be critical that owners can keep their CyberTruck on the road as long as they want and to do it at a lower overall cost than a gas powered truck. Nobody is talking about long term ownership but they should.

Mike snyil (not verified)    November 26, 2023 - 10:25PM

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The truck will fail since the few rich people who can afford to buy it won't be enough to keep it in production.
So many better alternatives for alot less money.