CyberFlop: Cybertruck Launch Disappoints On Specs, Price Points

Tesla (NASDAQ: TSLA) has officially kicked off deliveries of its highly anticipated Cybertruck, marking a significant milestone after a four-year wait. However, the release has raised more questions than answers, particularly regarding the specifications and pricing, as the electric vehicle giant diverges from its initial promises.

The Cybertruck is available in three variants: Rear-Wheel Drive, All-Wheel Drive, and the high-end CyberBeast. Prices start at $60,990 for the base model, rising to $79,990 for the All-Wheel Drive version, and peaking at $99,990 for the CyberBeast. Notably, the CyberBeast boasts an impressive range of 320 miles, accelerated by its powerful 2.6-second 0-60 mph capability. However, it’s essential to note that these figures come with a significant price increase from the original 2019 unveiling.

While the specs for the Rear-Wheel Drive and All-Wheel Drive versions align closely with the initial announcement, the top-tier CyberBeast experiences a notable downgrade. Originally advertised with a 500-mile range, the CyberBeast now offers 320 miles, with an optional “range extender” available for $16,000.

Tesla’s communication on this enhancement leaves some ambiguity, as it’s unclear whether this extender involves a traditional fossil fuel-based generator or a battery add-on. CEO Elon Musk clarified that the extender is an optional pack that fits in approximately one-third of the truck bed, sacrificing cargo space for extended range.

The unveiled specs have sparked mixed reactions among consumers, with some expressing disappointment over the deviation from promised specifications. A stark contrast exists between the initially pledged 500+ mile range at a $70,000 base price and the delivered 340-mile range at a $100,000 price point.

READ: Tesla Backs Off Controversial Cybertruck ‘No Resale’ Policy

This discrepancy has led to discussions about the practicality of achieving a 500-mile range with current battery technology, with Tesla justifying the compromise as necessary to maintain optimal driving dynamics.

As Tesla’s Cybertruck hits the roads, it’s evident that the electric vehicle manufacturer is navigating challenges in meeting its initial promises. The pricing adjustments and specification changes reflect the dynamic nature of the automotive industry, where technological constraints and market demands influence product development.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

One thought on “CyberFlop: Cybertruck Launch Disappoints On Specs, Price Points

  • December 1, 2023 3:28 PM at 3:28 pm
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    Its a cyber disappointment. But now suddenly my options are open. I can buy any other car rather than waste four years waiting for one. I am actually relieved now that it is out and out of my reach.
    The price has increased by 65% of original which is well above inflation since Covid. Plus they have eaten the 6th seat which I was hoping would be a surprise addition on launch as until then the website still said seating for 6, and only tesla fans had commented on the 5 seat instead of 6 seat version. I could work a bit harder to earn the extra 30K that they are charging for the dual motor version but no 6th seat – forget it. I Can get my kids to sit in the trunk LOL.

    So no Tesla … move on to the other pick ups or just a regular 7 seater SUV … Toyota Grand Highlander — here I come. Thank you Toyota for manufacturing the Grand Highlander. It clearly meets my family’s needs and not too far in HP from the cybertruck

    Reply

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