Tesla has now made it official, as the company has confirmed that the $59,990 Dual Motor All-Wheel Drive Cybertruck will not remain at its current price for long.
The update comes after CEO Elon Musk previously hinted that future pricing would depend on demand at the current level. Less than one week after the trim was introduced, Tesla has apparently seen enough demand to raise prices.
Since launching the sub-$60,000 AWD configuration, Tesla has seemingly had a strong response from buyers. As we told you earlier today, delivery estimates for new U.S. orders were already pushed back from June 2026 to September–October 2026, presumably due to high demand.
For many, the new trim finally brought Cybertruck pricing closer to what buyers had been waiting for — a balance between capability and affordability that reignited interest in the stainless steel pickup truck.
Now that interest has resulted in Tesla deciding to raise the price after February 28, according to a new message that appeared on the online configurator on Tuesday morning.
The big questions now are how much above $59,990 that price will be, and how the price increase will affect demand.
Raising prices so soon after generating excitement could slow order activity just as Cybertruck demand is finally on an upward trend. One argument is that Tesla may be better served keeping the price steady while continuing to build its order backlog and extending delivery timelines.
At the same time, history suggests demand may remain strong even with a modest increase. The Cybertruck AWD launched at a massive discount compared to other trims, dropping from roughly $80,000 to just under $60,000. Even an adjustment of up to $5,000 would still leave the truck meaningfully cheaper than where buyers were only last week.
There are also other levers Tesla could pull on their higher trim Cybertrucks without immediately raising entry-level pricing. Enticing financing offers, upgrade incentives, or other targeted promotions could encourage buyers to move into higher trims which could help improve margins while preserving a sub-$60K Cybertruck.
If Tesla ultimately raises pricing by a relatively small amount, many buyers may still view the vehicle as strong value compared to both earlier Cybertruck pricing and competing electric pickups.
How much do you think the price increase will be? Let us know in the comments below.
