Tesla cuts price of Cybertruck Cyberbeast in US

Source: Reuters (via feed)

Tesla has lowered the price of its Cyberbeast variant of the Cybertruck in the United States. The new price is $99,990, down from $114,990. This information appears on Tesla’s official website. The adjustment reflects a reduction of $15,000. Tesla has not provided a reason for the price change. The Cybertruck is among Tesla’s next-generation electric pickup trucks. Price changes may affect demand, but Tesla has not released related sales data. Meanwhile, the broader electric vehicle market is experiencing increased competition. Tesla continues to update pricing for various models. The company’s pricing strategy often adapts to market conditions and production costs.

BizTrendWire Insight:

Price changes by leading automakers like Tesla can influence competitive dynamics in the electric vehicle market.


Read full story on Reuters

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