Tesla confirms cybertruck dual-motor awd price increase after February 28

Tesla has announced that the price of its new Dual Motor All-Wheel-Drive Cybertruck trim, currently at $59,990, will rise after February 28, 2026. The company launched the configuration last week, following comments from CEO Elon Musk that the introductory price would last only ten days. This move comes amid mixed reactions from fans and owners regarding the timing and communication.

Tesla introduced the Dual Motor All-Wheel-Drive Cybertruck trim last week at $59,990, aiming to boost demand for the electric pickup, which has seen underwhelming sales since its debut. The trim includes features such as an estimated 325 miles of range, powered tonneau cover, bed outlets (two 120V and one 240V) with Powershare capability, coil springs with adaptive damping suspension, heated first-row seats with textile material, steer-by-wire and four-wheel steering, a 6-foot by 4-foot composite bed, towing capacity up to 7,500 pounds, and a powered frunk.

Hours after the launch, Elon Musk stated on X that the price would remain at this level "just for 10 days," later clarifying that any adjustment would "depend on how much demand we see at this price level." Tesla has now confirmed via a banner on its Design Configurator website that the $59,990 price applies only until February 28, 2026. A post from Sawyer Merritt on February 24, 2026, highlighted: "NEWS: Tesla has officially announced that the price of the new Cybertruck Dual-Motor AWD will be increasing after February 28th."

The decision has drawn criticism from some owners. Ryan McCaffrey tweeted on February 24, 2026: "Awful way to treat customers – particularly when they already sent out a marketing email announcing the $59,990 truck…with zero mention of it being a limited-time offer." Others defend the approach as a logical response to market demand. The next higher trim, Premium All-Wheel-Drive, starts at $79,990 and offers enhanced towing up to 11,000 pounds, vegan leather seats, 15 speakers, and adjustable ride height.

This pricing strategy contrasts with Tesla's earlier Rear-Wheel-Drive Cybertruck trim, launched last year at a similar price but canceled after a few months due to low demand.

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Tesla Cybertruck Dual Motor AWD with price hike from $59,990 to $69,990 after 10-day offer ends, showroom scene.
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Tesla raises Cybertruck Dual Motor AWD price to $69,990 as 10-day introductory offer ends

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Tesla has increased the price of its entry-level Cybertruck Dual Motor All-Wheel Drive from $59,990 to $69,990 effective March 1, 2026—just 10 days after launch—following CEO Elon Musk's announcement of temporary pricing amid strong demand pushing deliveries to 2027. The company also discontinued the lease option for this trim, further distancing current prices from 2019 promises.

Tesla has pushed back the estimated delivery for new orders of its Cybertruck Dual Motor All-Wheel Drive variant to September-October 2026, from an initial June timeline. The company also plans to raise the price after February 28, following strong initial demand for the sub-$60,000 model. This development comes amid ongoing efforts to boost sales of the electric pickup.

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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 has added a new entry-level all-wheel-drive Model Y electric SUV to its US lineup at $41,990 with 294 miles of EPA-estimated range, expanding options to five trims. The update, amid declining sales, coincides with plans to discontinue Model S and Model X production in spring 2026 to prioritize Optimus robotics manufacturing.

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Building on expert Doug DeMuro's forecast of used Cybertruck prices falling to $35,000 within 18 months, initial excitement is waning beyond early adopters. Online reactions highlight novelty wearing off, while Tesla faces resale concerns, 2025 sales drops linked to Elon Musk's politics, and intensifying EV rivalry.

A Tesla Cybertruck owner known as Ashley has ordered a second vehicle for $110,000 to surprise her skeptical husband, citing her positive experience after overcoming initial hesitations with Full Self-Driving (FSD). This decision comes just before Tesla's February 14, 2026, deadline to end the $8,000 one-time FSD purchase in favor of a $99 monthly subscription. Ashley's story highlights a contrast between online negativity and real-world owner satisfaction.

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Tesla shares fell approximately 2.6% to around $392 in early trading on March 2, 2026, amid rising oil prices from Middle East tensions and mixed European sales data. The decline followed a Cybertruck price increase to $69,990 for the dual-motor all-wheel-drive model. Investors weighed these factors against ongoing demand concerns in key markets.

 

 

 

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