If you’re interested in a Cybertruck but put off by the hefty price tag, Tesla has some good news: Today, the automaker announced updates to its 2026 Cybertruck lineup, adding options and lowering prices in an attempt to broaden its appeal in the sluggish electric pickup truck market.
The highlight of the announcement is a new all-wheel-drive model with a $62,235 sticker, which cuts $10,000 from the cheapest long-range model currently available. At that price, the new Cybertruck still offers dual motors, adaptive damping, Powershare power outlets, and a tonneau cover, unlike last year when Tesla (very briefly) offered a rear-drive model that removed those features and went on sale for around $70,000. This model sold quickly…very few.
Tesla also dropped prices on its high-end AWD and Cyberbeast models by about $15,000. The Cyberbeast package reportedly ditches some luxury features for under $100,000, the most notable of which is the enhanced Full Self-Driving (FSD) package. But lower prices for high-end products may help boost interest; full-year 2025 sales are down 19% from the previous year.
Tesla
All Cybertruck models retain the neo-futuristic angular stainless steel exterior, large cargo box, integrated power sockets and built-in ramps.
Final EPA range and trim performance figures have yet to be released, but deliveries of the revised Cybertruck trim are expected to increase through 2026 as Tesla expands production capacity at its Gigafactory in Texas.
