It’s no secret thatTeslahasn’t had the best start to the year so far. Salesare down, its stock has beenin freefall, and CEO Elon Musk’swork with DOGEremains controversial. Additionally, in response to the Trump Administration’srecent tariff actions, Tesla has had tocease salesof the Model S and Model X in China.
In what could be seen as an attempt to turn things around this quarter, Tesla has recently launched its more affordable Long RangeCybertruckmodel andrefreshed Model Yin the US, likely hoping consumers will be drawn to their lower prices. The new entry-level Cybertruck model is priced at $69,990, while the refreshed Model Y is available for $49,990, before federal tax incentives.
However, both vehicles come with compromises compared to their launch editions and other available trims, which explains theirlower price point.
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A lower price, higher range Cybertruck
The Long Range Cybertruck boasts 350 miles of range
The biggest difference between the new entry-level Long Range Cybertruck model and the all-wheel-drive (AWD) model is that it features a single rear-wheel-drive (RWD) motor, in contrast to the two motors in the AWD model. The towing capacity of the Long Range Cybertruck is 7,500lbs, significantly lower than the 11,000lbs tow limit of the other models. Additionally, the Long Range Cybertruck does not come with a powered roll-up hard tonneau cover for the truck’s bed. However, a soft tonneau cover can be purchased for $750, which Tesla claims offers “enhanced aerodynamics” and extends the truck’s range by up to 12 miles.
The Long Range Cybertruck starts at $69,990, which is $10,000 less than the $79,990 AWD model and $30,000 cheaper than the Cyberbeast trim.
Speaking of range, this is the most significant advantage of the new Cybertruck model when compared to the other available trims. The Long Range Cybertruck can achieve up to 350 miles of range, which is 25 miles more than the AWD model and 49 miles longer than the Cyberbeast trim. With the addition of the soft tonneau cover, you could theoretically achieve up to 362 miles of range.
Another area where the Long Range Cybertruck makes compromises is in acceleration. It can go from 0 to 60mph in 6.2-seconds, which is slower than the 4.1-second acceleration of the AWD model and the 2.6-second acceleration of the Cyberbeast. The Long Range Cybertruck starts at $69,990, which is $10,000 less than the $79,990 AWD model and $30,000 cheaper than the $99,990 Cyberbeast trim.
The Long Range Cybertruck qualifies for a $7,500 federal tax incentive, bringing the price down to $62,490
The Long Range Cybertruck qualifies for a $7,500 federal tax incentive, bringing the price down to $62,490.According to reports, Tesla has sold just over 46,000 Cybertrucks and recently had torecall nearly all of themdue to an issue with the trim falling off. It seems reasonable to assume that Tesla is hoping its more affordable Cybertruck model will help boost sales of its troubled inaugural electric pickup truck.
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New Model Y launches at cheaper price
The Long Range AWD Model Y costs $41,490 after a federal incentive
In addition to dropping the Long Range Cybertruck trim, Tesla has introduced amore affordable versionof the refreshed Model Y in the US and Canada. The new Long Range AWD Model Y starts at $49,990. With the $7,500 federal tax incentive, the cost of the Model Y is reduced to $41,490. In January, Tesla opened pre-orders for the Launch Edition Model Y, named Juniper, which started at $60,000.
The Launch Edition Model Y’s price was considerably higher because it is a fully-loaded version…
The Launch Edition Model Y’s price was considerably higher because it is a fully-loaded version, including features like the $8,000 full self-driving package. It has an estimated range of 327 miles, a top speed of 125mph, and can accelerate from 0 to 60mph in 4.1-seconds. The specifications of the Long Range AWD Model Y are nearly identical, with the sole difference being its acceleration from 0 to 60mph in 4.6-seconds, which is 0.5-seconds slower.
Delivery estimates for the Long Range AWD Model Y are one to three weeks in the US. The Long Range Cybertruck’s estimated delivery window is between June and July of this year.
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