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Tesla raises prices on two Cybertruck trims

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A Tesla Cybertruck is on display at the Tesla showroom in Buena Park, Calif., Dec. 3, 2023. (AP Photo/Richard Vogel, File)

Tesla on Tuesday raised prices for two variants of its Cybertruck pickup trucks by US$5,000 in the United States.

The Cybertruck, touted by CEO Elon Musk as a futuristic rival to pickup trucks from legacy automakers such as Ford, has struggled to sustain interest since its 2023 launch. The vehicle has also faced multiple recalls and quality-control issues, while Tesla has repeatedly revised prices.

The electric-vehicle maker increased the price of the dual-motor Cybertruck to US$74,990 from US$69,990, while the all-wheel-drive version now costs US$84,990, up from US$79,990, according to its website.

The company introduced a cheaper dual-motor variant at US$59,990 in February, though Musk said the promotional price would last just 10 days.

Tesla also raised the price of the top-end Cyberbeast by US$15,000 to US$114,990 in August 2025, before reversing the increase the following February.

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Reporting by Gnaneshwar Rajan and Jaspreet Singh in Bengaluru; Editing by Nivedita Bhattacharjee and Tasim Zahid