Tesla Delivers $59,990 Dual Motor Cybertruck After 2.5-Year Wait as BYD Ramps Up Competition
TSLA•Tesla began delivering its limited $59,990 Dual Motor Cybertruck this month, 2.5 years after initial units and six years after unveiling. BYD sold 4.6 million new energy vehicles in 2025 and aims to become the world’s largest automaker within five years, intensifying pressure on Tesla’s sales growth and margins.
1. Delivery of $59,990 Dual Motor Cybertruck
Tesla has started delivering its lowest-priced Dual Motor All-Wheel Drive Cybertruck for $59,990 to customers this month. This milestone arrives roughly 2.5 years after the first Cybertruck deliveries and over six years after the vehicle’s unveiling.
2. Pricing Strategy and Trim Features
The $59,990 variant was offered for a ten-day window in February, with orders promising delivery by June 2026; the price has since risen to $69,990 and new orders carry 2027 delivery estimates. This model reintroduces cloth seats and other cost-saving measures distinguishing it from higher-end trims.
3. Competitive Pressure from BYD Expansion
Chinese rival BYD sold 4.6 million new energy vehicles in 2025 and aims to become the world’s largest automaker within five years, ramping up its presence in Europe and beyond. This ramp-up places additional pressure on Tesla’s ability to upscale sales, defend market share, and preserve margins.
