Tesla Launches $59,990 Dual Motor Cybertruck as Investor Sees 25K Sales
Tesla unveiled a Dual Motor AWD Cybertruck trim at $59,990 with 325-mile range and 7,500-lb towing, and cut the Cyberbeast from $114,990 to $99,990 by removing the Luxe package. Investor Gary Black predicts no more than 25,000 Cybertruck sales in 2026, with most purchases at the $79,990 mid-spec model.
1. New Affordable Dual Motor Trim
Tesla introduced a Dual Motor All-Wheel Drive Cybertruck trim priced at $59,990. It delivers a 325-mile range, 7,500-lb towing capacity, reduced ground clearance and omits the rear touchscreen found on higher trims.
2. Cyberbeast Price Reduction
The company cut the top-tier Cyberbeast trim’s price from $114,990 to $99,990 by sunsetting the Luxe package. The removal ends features such as Full Self-Driving, Supercharger network access and other premium upgrades.
3. Investor Gary Black’s Sales Forecast
Investor Gary Black projects no more than 25,000 Cybertruck units sold in 2026, versus 22,000 global deliveries in 2025. He expects most buyers to choose the $79,990 mid-spec trim and warns that lack of advertising may limit sales momentum.
4. EV Pickup Market Context
Competitors are advancing EV pickup offerings, with Slate Auto set to reveal a $20,000-range model and Ford planning a $30,000 midsize EV pickup for 2027. These moves intensify pricing and feature competition in the segment.