This is because Elon Musk said in a Tweet that the F-150 Lightning is somewhat expensive.
This means that the base price for the Cybertruck could be set under $49,995 in the U.S.
The first unit rolled off the assembly line last weekend, but few details have been confirmed yet.
Right after Ford announced price cuts of up to $10,000 for the F-150 Lightning, Elon Musk took to Twitter in order to hint at an even lower price for the Cybertruck.
The first unit of Tesla’s unconventional truck rolled off the assembly line in Texas over the weekend, but details remain scarce about its pricing or its equipment.
Indeed, the advertised specifications of the truck have changed a number of times since they have first been announced and they have been removed altogether from the company’s website a few months ago.
This means that the base price of the single-motor version could be higher than the $39,990 figure that was initially advertised, but Elon Musk indicated that MSRP will probably not be above $49,000.
Indeed, the CEO was quick to point out he thinks the Ford F-150 Lightning is too expensive, less than a day after it received a round of price cuts of up to $10,000.
Since the new base price of the F-150 Lightning Pro is $49,995, this means that the Cybertruck should begin at least a few thousand lower for Musk’s comment to make sense.
The Ford’s MSRP is actually very close to the price that was quoted for the dual-motor Cybertruck back in 2019, which was $49,990. The most expensive model planned at that time was the tri-motor version, with an expected MSRP of $69,990.
Since then, a new quad-motor variant was added and actually became the first one to be produced.
Final prices and specifications for the Tesla Cybertruck are expected soon since the company reportedly intends to begin deliveries imminently.
It will be interesting to see if Tesla is able to ramp up production quickly enough to keep up with demand, especially since Ford says it will greatly increase its production of the electric F-150 Lightning over the next few years.
Source: Teslarati