Tesla launches Cybertruck with up to 470 miles of range, starts at $61,000
Tesla launched Cybertruck with up to 470 miles (756 km) of range and starting at $61,000 for the base version.
But we are getting more questions than answers despite deliveries starting.
We have been waiting four years for this, and it is finally here.
After several delays, Tesla has officially started deliveries of the Cybertruck, and with the first deliveries, Tesla has released the official specs and pricing for its first electric pickup truck.
Let’s get right into it.
Tesla Cybertruck Specs and Pricing
The specs are pretty close to the original announcement for the first two versions of the Cybertruck, but the top version got a significant downgrade.
Here are the main specs:
| Rear-Wheel Drive | All-Wheel Drive | CyberBeast | |
| Price | $60,990 | $79,990 | $99,990 |
| Range | 250 miles | 340 miles | 320 miles |
| Range with extender??? | Not mentioned | 470+ miles | 440+ miles |
| Acceleration 0-60 mph | 6.5 sec | 3.9 sec | 2.6 sec |
| Drivetrain | rear-wheel drive | All-wheel drive | All-wheel drive |
| Top speed | 112 mph | 112 mph | 130 mph |
| Towing | 7,500 lbs | 11,000 lbs | 11,000 lbs |
The prices are way up from the original unveiling in 2019, but that was to be expected.
The biggest changes are to the range since the top version of the truck was advertised at 500 miles of range.
Now, Tesla is advertising 340 miles of range for the dual motor version and 320 miles for the tri-motor version, which is now called “Cyberbeast”.
However, the automaker is now talking about a “range extender” that can add range for those two versions, but the company hasn’t explained what this range extender entails.
In the past, other automakers have used the term “range extender” for small gasoline generator, like in the BMW i3. I doubt that Tesla is going to use any kind of fossil fuel. It’s most likely going to be a battery add-on, but it would have been nice for Tesla to explain.
Update: Elon has since explained the range extender:
Tesla confirmed that the Cybertruck’s bed is 6′ by 4′ and the truck has a 6,859-lb curb weight
The electric truck also out pulls a Ford F-350 in a test that they shared during the launch event:
The design might be polarizing, but it does deliver on aerodynamic performance with a 0.335 drag coefficient, which is better than I and most people expected.
The vehicle comes with 35″ all-terrain tires and has 17″ ground clearance throughout the whole truck, thanks to a flat belly.
Tesla also confirmed that the Cybertruck is its first steer-by-wire vehicle, which we suspected following a recent patent.
Another first is the 48-volt system. Congrats to Tesla for having the guts to move away from 12-volt. It’s going to result in 70% less wire inside the vehicle.
In terms of performance, the Cyberbeast version can do a quarter mile in less 11 seconds and CEO Elon Musk even claimed that the truck can beat a Porsche 911 on the quarter-mile while towing another 911.
The vehicle’s bed is equipped with both 120 and 240-volt power outlets, which should cover all your needs on the go.
- Outlets: 4 x 120V
• 2 cabin outlets (up to 20A)
• 2 cargo bed outlets (up to 20A) - Outlets: 1 x 240V
• 1 cargo bed outlet (up to 40A)
As expected, the vehicle is also capable of vehicle-to-home functionality that Tesla calls “Powershare”. We are going to have a whole separate article digging into that in a few moments.
The 240-volt outlet in the bed can also be used to charge other electric vehicles fairly easily.
Tesla shared this image as an example:
As for the interior of the vehicle, CEO Elon Musk didn’t spend much time on it during the event, but it hasn’t been updated much since the original unveiling.
Tesla took some cues from the Model 3 refresh and added an ambient lighting strip all along the dash.
Here’s an official picture of the Cybertruck’s interior:
Electrek’s Take
The event in itself was really disappointing. It was basically a redo of the original event in 2019 with a few deliveries.
Elon even claimed that they were going to remake the infamous steel ball test, but they did it with a baseball, which is hardly the same as a steel ball.
I can forgive that, but what was weirder is the fact that Elon didn’t even discuss range and pricing during the event. We had to wait until Tesla updated the configurator to know about those.
Then we have even more questions after the mention of a “range extender”. You can’t write that without going into more details and we are trying to learn more about it as I write this. (Update: Elon has clarified on Twitter – see above).
That’s stuff that needs to be clarified.
As for the pricing, which is probably the biggest new piece of information from this whole event (even though it wasn’t even discussed during the presentation), it is a bit disappointing.
It basically starts at $80,000 (just under the limit for the $7,500 federal tax credit) for the all-wheel drive and that’s before the range extender option, which we don’t have pricing on.
That’s not an easy sell in my opinion. It’s basically a 50% price increase across all versions of the truck compared to the 2019 prices.
FTC: We use income earning auto affiliate links. More.
If you’re considering going electric, May will be a great time to score a deal on an EV lease. Automakers are slashing lease prices on some of the most popular EVs to move inventory – here are four standouts.
Nissan Ariya SUV
The Nissan Ariya SUV has an MSRP of $41,805. Its lease term is 36 months, with $4,409 due at signing and a mileage allowance of 10,000 a year. Monthly payment? A sweet $129!
Nissan cut the 2025 Ariya Engage’s price by $144 in April, so it now has an effective monthly cost of $251 – that’s seriously affordable for an electric SUV. If you’re already a Nissan driver, then you’re going to get an even better deal, because Nissan is offering a $1,000 loyalty discount on the Ariya, which brings its effective cost down to $224 per month.
CarsDirect, which sniffed out this deal, thinks this Ariya deal will be in place until Memorial Day, so take advantage of tariff-free pricing while you can.
Click here to find a local dealer that may have the Nissan Ariya in stock. –trusted affiliate copy
Honda Prologue SUV
The Honda Prologue SUV has an MSRP of $48,850. Its lease term is 36 months, with $1,399 due at signing and a mileage allowance of 10,000 a year. The monthly payment on the Prologue is $239.
The 2024 Honda Prologue has up to $18,800 in rebates, and the price includes a $1,000 lease loyalty discount or conquest offer. In California and other ZEV states, the EX has an effective cost of just $278 per month; in other parts of the US, pricing will be around $30 higher. This offer ends July 7.
Click here to find a local dealer that may have the Honda Prologue in stock. –trusted affiliate copy
Tesla Model 3
The Tesla Model 3 has an MSRP of $43,880. Its best lease term is 24 months, with $1,044 due at signing and a mileage allowance of 10,000 a year. The monthly payment on the Model 3 is $349.
The 2025 Tesla Model 3 still has the $7,500 federal government EV rebate. Several months ago, Tesla reduced the amount due at signing on all Model 3s. And for those who want to lease a Long Range Model 3, the effective cost can be as low as $393 per month.
You can lease the Model 3 for 36 months, but the folks at CarsDirect found that the better deal will be had on 24-month leases. They compared the Model 3’s MSRP to the 2025 Lexus IS 300 F Sport’s MSRP, which is nearly identical, and the Model 3 was around 30% cheaper to lease.
Acura ZDX
The 2024 Acura ZDX has an MSRP of $65,850. Its best lease term is 36 months, with $4,699 due at signing and a mileage allowance of 7,500 a year. The monthly payment on the ZDX is $299.
The 2024 ZDX is Acura’s cheapest vehicle to lease because it features up to $29,450 in lease cash. However, the best deal is limited to California and ZEV states. If you cash in on a loyalty discount or conquest cash, the effective cost is $430 per month. This offer runs til June 30.
Click here to find a local dealer that may have the Acura ZDX in stock. –trusted affiliate copy
If you’re considering going solar, it’s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.
FTC: We use income earning auto affiliate links. More.
Ford (F) reported its first-quarter earnings, beating Wall Street’s revenue and EPS expectations. However, with Trump’s auto tariffs, Ford is suspending full-year guidance. Here’s a breakdown of Ford’s Q1 2025 earnings
Ford Q1 2025 earnings preview
After crosstown rival General Motors cut its full-year financial guidance last week, investors are waiting to see if Ford will follow suit.
Ford’s previous 2025 forecast called for EBIT of $7 billion to $8.5 billion and capital expenditures between $8 billion and $9 billion.
The biggest threat is Trump’s new auto tariffs, which include a 25% duty on imported vehicles and many parts. Since Ford builds a greater percentage of vehicles in the US than any other major automaker, outside of Tesla, it isn’t expected to see as big of an impact.
CEO Jim Farley called it “an opportunity for Ford,” during an interview with CNN last week, saying the company has a “different footprint, a different exposure for tariffs.”
Ford imports around 21% of the vehicles it sells in the US, while GM imports around 46%. According to Estimize, Wall St expects Ford to post Q1 EPS of $0.0 on revenue of $38.02 billion.
The company reports earnings for each of its three business units, Ford Blue (gas-powered vehicles), Model e (electric vehicles), and Ford Pro (commercial and software business).
In the fourth quarter, Ford’s EV unit (Model e) lost another $1.4 billion while Pro and Blue each reported an adjusted EBIT of $1.6 billion.
Financial breakdown
Ford beat Wall Street estimates, reporting first-quarter revenue of $40.7 billion with an adjusted EPS of 0.49.
- Q1 2025 Revenue: $40.7 billion vs $38.02 billion expected.
- Q1 2025 Adjusted EPS: $0.49 vs $0.0 expected.
The company posted adjusted EBIT of $1 billion, down 63% from Q1 2024. Ford said its first-quarter EBIT suffered a nearly $200 million hit from added tariff costs, primarily in Ford Blue and Ford Pro.
Ford Pro generated an EBIT of $1.3 billion, Ford Blue $96 million, and Ford Model e reported an EBIT loss of $849 million.
For Model e, the company is focused on improving gross margins and “exercising a disciplined approach to investments in battery facilities and next-generation products.” Although still a nearly $1 billion loss, it’s still a $500 million improvement from Q1 2024.
Ford said higher Model e revenue was driven by new EVs launching in Europe, like the electric Explorer and Capri.
The company said its “Power Promise” promotion, which includes a free home charger and several other benefits, has helped drive demand in the US.
Although it’s tracking within its previous full-year adjusted EBIT guidance of between $7 billion and $8.5 billion, Ford is suspending full-year guidance due to the uncertainty surrounding tariffs.
Ford estimates the full-year gross cost of tariffs to be around $2.5 billion. It expects a tariff-related net adverse adjusted EBIT impact of about $1.5 billion for the full year 2025.
Ford also extended its “From America, For America” campaign last week. The promo includes employee pricing on most 2024 and 2025 models and now runs through July 4.
Check back for more info from Ford’s first quarter conference call. Ford is also hosting its annual meeting on Thursday, May 8, where we should learn more about its EV plans and how it will navigate the new tariffs.
FTC: We use income earning auto affiliate links. More.
-
Sports3 years ago‘Storybook stuff’: Inside the night Bryce Harper sent the Phillies to the World Series
-
Sports1 year agoStory injured on diving stop, exits Red Sox game
-
Sports2 years agoGame 1 of WS least-watched in recorded history
-
Sports2 years agoMLB Rank 2023: Ranking baseball’s top 100 players
-
Sports4 years ago
Team Europe easily wins 4th straight Laver Cup
-
Environment2 years agoJapan and South Korea have a lot at stake in a free and open South China Sea
-
Environment2 years agoGame-changing Lectric XPedition launched as affordable electric cargo bike
-
Business3 years agoBank of England’s extraordinary response to government policy is almost unthinkable | Ed Conway
Comments