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Tesla Slashes Cybertruck Prices, Introduces RWD Model

  //sports-competition.news-articles.net/content/2 .. shes-cybertruck-prices-introduces-rwd-model.html
  Published in Sports and Competition on Saturday, February 21st 2026 at 13:22 GMT by autoweek
      Locales: California, Texas, null, UNITED STATES

Austin, Texas - February 21st, 2026 - Tesla today announced sweeping changes to its highly anticipated Cybertruck, dramatically lowering prices and introducing a new, more accessible Rear-Wheel Drive (RWD) configuration. The move signals a strategic shift for the electric vehicle giant, aiming to broaden the Cybertruck's appeal and address early criticisms surrounding its high entry cost and initial production hurdles. The announcement comes as competition in the burgeoning electric truck market intensifies, with established automakers like Ford, Rivian, and GMC all vying for market share.

When initially unveiled in 2019, the Cybertruck promised a radical departure from traditional truck design, boasting stainless steel construction and a futuristic aesthetic. However, the final production model, while retaining much of that initial vision, launched with a price tag that put it out of reach for many potential buyers. Early adopters voiced concerns that the vehicle's cost didn't reflect the rapidly evolving EV landscape and made it difficult to justify compared to competing electric trucks.

Today's price reductions directly address those concerns. Tesla has slashed prices across the entire Cybertruck range. The new base price for the RWD model is $59,990, a significant decrease from previously anticipated figures. The All-Wheel Drive (AWD) model now starts at $69,990, while the high-performance Cyberbeast variant is priced at $79,990. This represents a substantial correction, bringing the Cybertruck closer to price parity with other electric trucks like the Ford F-150 Lightning and the Rivian R1T.

A Detailed Look at the New Configurations:

• RWD ($59,990): This new entry-level model is designed to appeal to a wider audience, offering the Cybertruck's distinctive styling and electric powertrain at a more affordable price point. Tesla estimates a range of 260 miles on a single charge, making it suitable for daily commutes and shorter trips. While sacrificing some performance compared to its AWD and Cyberbeast counterparts, the RWD model maintains the Cybertruck's core functionality and durability.
• AWD ($69,990): The upgraded AWD model provides enhanced traction and capability, making it ideal for navigating challenging terrain and hauling heavier loads. Tesla has reported a slight improvement in range for this configuration, now estimated at 279 miles. This model provides a balance of performance, range, and price.
• Cyberbeast ($79,990): The Cyberbeast remains the top-of-the-line Cybertruck, offering exhilarating acceleration and maximum performance. Despite its focus on power, Tesla has also managed to slightly improve its range to 274 miles, suggesting advancements in battery technology and vehicle efficiency.

Beyond the price reductions, Tesla has also implemented minor but important enhancements to the Cybertruck's overall performance. These include subtle improvements to range across all models and a modest boost to acceleration times. While not revolutionary changes, these refinements demonstrate Tesla's commitment to continually optimizing the Cybertruck experience.

Market Implications and Future Outlook

Analysts believe these changes are crucial for Tesla to gain significant traction in the competitive electric truck market. "The initial pricing was a major barrier to entry," says automotive industry expert, Eleanor Vance. "By offering a more affordable RWD model and reducing prices across the board, Tesla is dramatically expanding the Cybertruck's potential customer base."

The price adjustments also reflect Tesla's increasing confidence in its production capabilities. The initial rollout of the Cybertruck was plagued by delays and production bottlenecks. However, Tesla appears to have overcome many of those challenges, allowing it to increase output and lower costs. This increased production capacity, combined with the streamlined configuration options, suggests Tesla is now focused on scaling up Cybertruck sales.

Looking ahead, Tesla is expected to continue refining the Cybertruck with software updates and potential hardware improvements. Rumors are circulating about a potential "range extender" battery pack that could further increase the vehicle's range, and discussions regarding accessory upgrades are ongoing within the Tesla community. The Cybertruck's success will be a key indicator of Tesla's ability to maintain its dominance in the electric vehicle market as competition continues to heat up.