After four long years of anticipation and excitement from electric car fans, the final production version of its futuristic Cybertruck was revealed to the public during its event on November 30.
Related: Here are all the problems with Elon Musk's Cybertruck
tesla (TSLA) – Get a free report quietly revealed the Cybertruck's price list shortly before the event, which many noted is more expensive than initially promised.
According to Tesla's website, the base rear-drive model starts at $60,990, more than $20,000 more than the promised base price of $40,000 that was stated about four years ago. Additionally, the Cybertruck comes in a 600-horsepower all-wheel-drive variant for $79,990 and a top-of-the-line 845-horsepower “Cyberbeast” model that approaches the six-figure mark at $99,990.
At its base price, the Cybertruck sits in the middle of other notable electric trucks like the $49,995 Ford F-150 Lightning and the $73,000 Rivian R1T. However, Tesla says it won't be available until 2025.
But when comparing rival trucks to the seemingly more available mid-range all-wheel drive variant, there's plenty to compare with when it comes to its $79,990 price tag.
For $77,495, the Ford F-150 Lightning Lariat version can be had with the extended-range battery, which still puts the truck below the Tesla's 320-mile range of 340 miles. Dual-motor all-wheel drive comes standard on all models, but those looking at the Ford will have to settle for the Lightning's lower towing capacity of 7,700 pounds, rather than the Tesla's 11,000 pounds.
For $79,000, the Rivian R1T can be had with an optional “big pack” battery, which eclipses the range of the AWD Cybertruck with an estimated 352 miles. The R1T also comes with all-wheel drive, but even in its standard dual-motor configuration, it also matches the Cybertruck's impressive 11,000-pound towing capacity.
Although Tesla has delivered 10 Cybertrucks during its delivery event, Tesla estimates that the all-wheel drive models will be delivered in 2024, with the nearly $61,000 standard rear-drive variant following in 2025.
Because of the long wait, Tesla is offering those “online” with Cybertruck reservations before the Nov. 30 delivery event $1,000 off a lease or purchase of a different model Tesla made before the end of the year.
NEWS: Starting November 30, Tesla is offering Cybertruck reservation holders the opportunity to purchase a new Model 3/Y/S/X and get $1,000 off their new order. pic.twitter.com/AoU5LRcXTL
– Sawyer Merritt (@SawyerMerritt) December 1, 2023
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Regarding Ford (F) – Get a free report Many F-150 Lightnings are well below the MSRP of $77,495 at dealerships nationwide, including those in metro areas. shop.ford.com/inventory/f150-lightning/details/1FTVW1EV2PWG16207?zipcode=60007&year=2023&ownerPACode=07522&intcmp=moddetails-bb-si&Radius=20&modeltrim=F-150%20Lightning_F24-LARIAT%3BF-150%20Lightning_F24-XLT%3BF-150%20Lightning_F24-PRO&Order=HighPrice&fromPopularBuild=false”>chicago, shop.ford.com/inventory/f150-lightning/details/1FTVW1EVXPWG26029?zipcode=90001&year=2023&ownerPACode=05537&intcmp=moddetails-bb-si”>The Angels and shop.ford.com/inventory/f150-lightning/details/1FT6W1EV0PWG61943?zipcode=11102&year=2023&ownerPACode=07948&intcmp=moddetails-bb-si”>NY.
According to its website, Rivian (RIVN) – Get a free report It does not currently have an R1T in the specific $79,000 configuration as mentioned and that “custom builds” typically take “four months or less” to deliver from the reservation date.
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