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The price of the Tesla Cybertruck is being massively reduced in the US after sales decline

The Tesla Cybertruck is now cheaper than ever in the US as the electric vehicle (EV) maker looks to boost sales of one of its slowest-selling models, which is still not sold in Australia after sales plunged 48 per cent in 2025.

The starting price of the entry-level dual-motor, all-wheel drive Cybertruck model has been reduced by a significant US$20,000 (A$28,290) to US$59,990 (A$84,857).

That makes it the cheapest price for a Cybertruck since initial customer deliveries in late 2023 – when the range started at $60,990 (AUD86,298) – and is $10,000 (AUD14,141) below the rear-wheel drive model that was discontinued late last year.

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The price cut also saw Tesla drop the flagship Cyberbeast from US$114,990 (A$162,605) to US$99,990 (A$141,395), seemingly axing the Luxe package that was introduced on the top model last August and coincided with a US$15,000 (A$21,211) price increase.

Accordingly ReutersTesla CEO Elon Musk responded to a user on the social platform X – formerly Twitter – saying that the prices were only available for 10 days.

The outlet said Tesla has not yet officially confirmed whether the price is a limited-time offer or the new standard price.

The price cut comes after just 20,237 Cybertrucks were sold in 2025, down from 38,965 last year Kelley Blue Book Data.