Tesla raises Cybertruck Premium AWD lease prices by 10%

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.

Tesla has raised monthly lease prices for the Cybertruck Premium AWD in the U.S. For leases with $0 down payment over a 36-month term and 10,000 miles per year, the price is now $1,100 per month, up 10% from the previous rate. With a $5,000 down payment, it costs $949 per month, reflecting a 12% increase. The Cyberbeast model's lease remains steady at $1,595 with $0 down and $1,439 with $5,000 down under the same terms, according to Tesla pricing updates reported by Sawyer Merritt on May 5, 2026. Tesla estimates delivery for the Premium AWD trim in the U.S. within 2-3 months, pointing to July or August 2026. These changes apply specifically to the Premium AWD while leaving the higher-end Cyberbeast unaffected.

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Photorealistic rendering of Tesla's upcoming compact SUV on a Chinese factory line with Elon Musk approving the design.
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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 begun delivering its $59,000 entry-level Cybertruck to early buyers in the United States. One of the first owners shared positive initial impressions after taking delivery on Wednesday.

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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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