Tesla ends Cybertruck AWD introductory pricing, extends deliveries amid demand surge

Following the end of a short-lived lease promotion, Tesla raised the US price of its entry-level Cybertruck All-Wheel Drive from around $60,000 to $70,000 effective March 1, 2026, just 10 days after launch. High demand has pushed deliveries into late 2026 or 2027.

Tesla's Dual Motor All-Wheel Drive Cybertruck, launched February 19-20, 2026, as a more affordable option below $62,000 with a special $699/month lease (detailed in prior coverage), saw its introductory period end abruptly. CEO Elon Musk had warned on X of the temporary pricing, and on March 1, the purchase price rose approximately 17% to around $70,000, with leasing removed for this trim and updated to $849/month on higher Premium AWD models.

Electrek criticized the tactic: “By announcing that the price will go up in 10 days, you create urgency that inflates demand. Then you point to that inflated demand to justify the price increase. It’s a self-fulfilling prophecy.” Delivery estimates now extend to September-October 2026 or 2027, up from June, reflecting order surges.

The AWD variant includes dual motors, 325-mile range, adaptive suspension, powered tonneau, and Powershare V2X outlets—improvements over the discontinued rear-wheel-drive model at a similar price point. This exceeds 2019 promises of $49,900 for dual-motor (300+ miles) and $69,900 for tri-motor (500 miles), now $99,990. Cybertruck 2025 sales were 20,200 units, below targets.

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Tesla developing compact affordable SUV amid strategy shift and sales slump, Reuters reports

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Tesla is developing a new compact electric SUV priced below the $36,990 Model 3 and measuring 168 inches (4.3 meters) long—shorter than the Model 3 (185.8 inches) and Model Y (188.7 inches)—according to Reuters citing four anonymous supplier sources. The all-new design awaits CEO Elon Musk's production approval and may launch first in China before expanding to U.S. and German factories, signaling a pivot back to core vehicles after a focus on robotaxis and humanoid robots.

Tesla has increased lease prices for its Cybertruck Premium AWD model in the United States by 10%. The Cyberbeast trim's pricing remains unchanged. Deliveries for the Premium AWD are estimated in 2-3 months.

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Tesla revised its Full Self-Driving transfer policy for the new All-Wheel-Drive Cybertruck trim priced at $59,000. The change has prompted some customers to cancel their orders. Deliveries of the model are scheduled to begin soon.

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