Tesla Launches New Lower-Priced Cybertruck Model
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy TSLA?
Source: seekingalpha
- New Cybertruck Launch: Tesla has introduced a dual-motor all-wheel-drive Cybertruck priced at $59,990, making it the most affordable version to date, aimed at attracting a broader consumer base and enhancing market competitiveness.
- High-End Model Price Cut: The price of the Cyberbeast has been reduced from $114,990 to $99,990, indicating a strategic adjustment in Tesla's pricing for high-end models, which may stimulate sales but also reflects market pressures.
- Stock Price Volatility: Tesla's shares have declined over 8% year-to-date, as investor focus has shifted from tracking auto delivery growth to AI and autonomy, potentially impacting future investor confidence.
- Sales Decline Trend: According to state registration data, Tesla experienced another decline in electric vehicle sales in the U.S. during January, indicating weak market demand that could negatively affect the company's overall performance.
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Analyst Views on TSLA
Wall Street analysts forecast TSLA stock price to fall
30 Analyst Rating
12 Buy
11 Hold
7 Sell
Hold
Current: 411.320
Low
25.28
Averages
401.93
High
600.00
Current: 411.320
Low
25.28
Averages
401.93
High
600.00
About TSLA
Tesla, Inc. designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offers services related to its products. Its segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric vehicles, and sales of automotive regulatory credits. It also includes sales of used vehicles, non-warranty maintenance services and collisions, part sales, paid supercharging, insurance services revenue and retail merchandise sales. The energy generation and storage segment include the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its consumer vehicles include the Model 3, Y, S, X and Cybertruck. Its lithium-ion battery energy storage products include Powerwall and Megapack.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Tesla Launches Most Affordable Cybertruck at $59,990
- New Model Launch: Tesla has opened U.S. orders for its Cybertruck priced at $59,990, which, while lower than the previous $79,990 version, still exceeds CEO Elon Musk's promised starting price of $40,000 from 2019, indicating market pricing pressures.
- Performance and Features: The new Cybertruck features dual-motor all-wheel drive with an estimated range of 325 miles, standard features include a powered tonneau cover and multiple power outlets, although it sacrifices some premium elements, it still offers significant utility.
- Market Expansion Strategy: As U.S. demand cools, Tesla is expanding Cybertruck availability overseas, having opened orders in the UAE, Saudi Arabia, and Qatar, with pricing starting at 435,000 riyals (approximately $116,000) in Saudi Arabia, highlighting the potential of international markets.
- Sales Expectations and Challenges: Despite production capacity expected to exceed 250,000 units annually, current quarterly sales are only about 5,000 units, indicating demand challenges for Tesla, which may need to explore commercial applications to boost sales.
See More
Tesla Cuts Cyberbeast Price to $99,990, Discontinues Luxe Package
- Price Adjustment: Tesla has reduced the price of its most expensive Cyberbeast model from $114,990 to $99,990, aiming to attract more cost-conscious consumers and enhance sales while strengthening its market competitiveness.
- Luxe Package Discontinuation: The price cut comes with the discontinuation of the Luxe Package, which included Supervised Full Self-Driving and free access to the Supercharger network, reflecting Tesla's strategic shift towards optimizing its product offerings and cost control.
- Stable Pricing for Other Models: While the Cyberbeast price has been lowered, prices for other Cybertruck models remain unchanged, indicating Tesla's differentiated pricing strategy to cater to various consumer segments effectively.
- New Model Introduction: Earlier this month, Tesla introduced a new all-wheel drive variant of its Model Y SUV priced at $41,990, further diversifying its product line and laying the groundwork for its 2026 strategy aimed at attracting more budget-conscious buyers.
See More
Trump Claims GOP Will Be Undefeated for 50 Years with Voting Reforms
- Voting Reform Commitment: During a speech in Rome, Georgia, Trump asserted that the GOP would not lose any elections for the next 50 years if they implement reforms like abolishing mail-in ballots, reflecting his strong confidence in the party's electoral strategy.
- Voter ID Requirements: He emphasized the desire for voter ID and proof of citizenship, stating that mail-in voting should only be available for military personnel, those far from home, and the ill or disabled, which could significantly impact voter participation and election outcomes.
- Democratic Opposition Accusations: Trump accused Democrats of resisting voter ID measures, claiming their intent is to “cheat,” a statement that may exacerbate tensions between the two parties and influence the electoral climate moving forward.
- Homeland Security Support: Homeland Security Secretary Kristi Noem echoed Trump's sentiments, stating her department would ensure “the right people” are voting in upcoming elections, indicating a governmental push towards enhancing election compliance and transparency.
See More
New York Governor Halts Robotaxi Expansion Proposal
- Expansion Plan Halted: New York Governor Kathy Hochul has suspended the robotaxi expansion proposal initially presented in last month's State of the State address, indicating a cautious approach towards the deployment of autonomous vehicles outside New York City, which may impact market strategies for related companies.
- Strict Application Requirements: The proposal mandated that AV companies seeking to expand outside NYC submit applications demonstrating local support for AV deployment and adherence to the highest safety standards, potentially increasing compliance costs and timelines for these businesses.
- Market Reaction: Following the suspension of the proposal, Alphabet's stock (GOOGL) slid 0.16% to $302.85 at market close on Thursday but rebounded 0.76% to $305.14 during overnight trading, reflecting market sensitivity to this policy shift.
- Industry Impact: Both Waymo and Tesla did not respond to inquiries regarding the matter, and the halt in expansion plans could affect their business strategies, especially as autonomous driving technology gains increasing attention, potentially altering the competitive landscape.
See More
Tesla Launches New Lower-Priced Cybertruck Model
- New Cybertruck Launch: Tesla has introduced a dual-motor all-wheel-drive Cybertruck priced at $59,990, making it the most affordable version to date, aimed at attracting a broader consumer base and enhancing market competitiveness.
- High-End Model Price Cut: The price of the Cyberbeast has been reduced from $114,990 to $99,990, indicating a strategic adjustment in Tesla's pricing for high-end models, which may stimulate sales but also reflects market pressures.
- Stock Price Volatility: Tesla's shares have declined over 8% year-to-date, as investor focus has shifted from tracking auto delivery growth to AI and autonomy, potentially impacting future investor confidence.
- Sales Decline Trend: According to state registration data, Tesla experienced another decline in electric vehicle sales in the U.S. during January, indicating weak market demand that could negatively affect the company's overall performance.
See More
Tesla Launches New Affordable Cybertruck Trim
- New Cybertruck Trim Launch: Tesla has unveiled a new Dual Motor All-Wheel Drive trim priced at $59,990, featuring a 325-mile range but a reduced towing capacity of 7,500 lbs compared to the Premium trim's 11,000 lbs, indicating a strategic shift in market segmentation.
- High-End Trim Price Cut: The price of the Cyberbeast trim has been reduced from $114,990 to $99,990 by eliminating the Luxe package, which included Full Self-Driving and free access to Tesla's Supercharger network, aiming to enhance market competitiveness.
- Cautious Sales Outlook: Investor Gary Black opines that despite the more attractive pricing of the new Cybertruck, sales are unlikely to exceed 25,000 units in 2026, with most sales expected from the mid-spec trim priced at $79,990, reflecting concerns over Tesla's sales strategy.
- Stable Market Reaction: Tesla's stock rose 0.09% to $411.71 at market close on Thursday and further increased to $411.75 in overnight trading, indicating a cautiously optimistic market response to the new model launch.
See More
Tesla Launches Most Affordable Cybertruck at $59,990
- New Model Launch: Tesla has opened U.S. orders for its Cybertruck priced at $59,990, which, while lower than the previous $79,990 version, still exceeds CEO Elon Musk's promised starting price of $40,000 from 2019, indicating market pricing pressures.
- Performance and Features: The new Cybertruck features dual-motor all-wheel drive with an estimated range of 325 miles, standard features include a powered tonneau cover and multiple power outlets, although it sacrifices some premium elements, it still offers significant utility.
- Market Expansion Strategy: As U.S. demand cools, Tesla is expanding Cybertruck availability overseas, having opened orders in the UAE, Saudi Arabia, and Qatar, with pricing starting at 435,000 riyals (approximately $116,000) in Saudi Arabia, highlighting the potential of international markets.
- Sales Expectations and Challenges: Despite production capacity expected to exceed 250,000 units annually, current quarterly sales are only about 5,000 units, indicating demand challenges for Tesla, which may need to explore commercial applications to boost sales.
See More
Tesla Cuts Cyberbeast Price to $99,990, Discontinues Luxe Package
- Price Adjustment: Tesla has reduced the price of its most expensive Cyberbeast model from $114,990 to $99,990, aiming to attract more cost-conscious consumers and enhance sales while strengthening its market competitiveness.
- Luxe Package Discontinuation: The price cut comes with the discontinuation of the Luxe Package, which included Supervised Full Self-Driving and free access to the Supercharger network, reflecting Tesla's strategic shift towards optimizing its product offerings and cost control.
- Stable Pricing for Other Models: While the Cyberbeast price has been lowered, prices for other Cybertruck models remain unchanged, indicating Tesla's differentiated pricing strategy to cater to various consumer segments effectively.
- New Model Introduction: Earlier this month, Tesla introduced a new all-wheel drive variant of its Model Y SUV priced at $41,990, further diversifying its product line and laying the groundwork for its 2026 strategy aimed at attracting more budget-conscious buyers.
See More
Trump Claims GOP Will Be Undefeated for 50 Years with Voting Reforms
- Voting Reform Commitment: During a speech in Rome, Georgia, Trump asserted that the GOP would not lose any elections for the next 50 years if they implement reforms like abolishing mail-in ballots, reflecting his strong confidence in the party's electoral strategy.
- Voter ID Requirements: He emphasized the desire for voter ID and proof of citizenship, stating that mail-in voting should only be available for military personnel, those far from home, and the ill or disabled, which could significantly impact voter participation and election outcomes.
- Democratic Opposition Accusations: Trump accused Democrats of resisting voter ID measures, claiming their intent is to “cheat,” a statement that may exacerbate tensions between the two parties and influence the electoral climate moving forward.
- Homeland Security Support: Homeland Security Secretary Kristi Noem echoed Trump's sentiments, stating her department would ensure “the right people” are voting in upcoming elections, indicating a governmental push towards enhancing election compliance and transparency.
See More
New York Governor Halts Robotaxi Expansion Proposal
- Expansion Plan Halted: New York Governor Kathy Hochul has suspended the robotaxi expansion proposal initially presented in last month's State of the State address, indicating a cautious approach towards the deployment of autonomous vehicles outside New York City, which may impact market strategies for related companies.
- Strict Application Requirements: The proposal mandated that AV companies seeking to expand outside NYC submit applications demonstrating local support for AV deployment and adherence to the highest safety standards, potentially increasing compliance costs and timelines for these businesses.
- Market Reaction: Following the suspension of the proposal, Alphabet's stock (GOOGL) slid 0.16% to $302.85 at market close on Thursday but rebounded 0.76% to $305.14 during overnight trading, reflecting market sensitivity to this policy shift.
- Industry Impact: Both Waymo and Tesla did not respond to inquiries regarding the matter, and the halt in expansion plans could affect their business strategies, especially as autonomous driving technology gains increasing attention, potentially altering the competitive landscape.
See More
Tesla Launches New Lower-Priced Cybertruck Model
- New Cybertruck Launch: Tesla has introduced a dual-motor all-wheel-drive Cybertruck priced at $59,990, making it the most affordable version to date, aimed at attracting a broader consumer base and enhancing market competitiveness.
- High-End Model Price Cut: The price of the Cyberbeast has been reduced from $114,990 to $99,990, indicating a strategic adjustment in Tesla's pricing for high-end models, which may stimulate sales but also reflects market pressures.
- Stock Price Volatility: Tesla's shares have declined over 8% year-to-date, as investor focus has shifted from tracking auto delivery growth to AI and autonomy, potentially impacting future investor confidence.
- Sales Decline Trend: According to state registration data, Tesla experienced another decline in electric vehicle sales in the U.S. during January, indicating weak market demand that could negatively affect the company's overall performance.
See More
Tesla Launches New Affordable Cybertruck Trim
- New Cybertruck Trim Launch: Tesla has unveiled a new Dual Motor All-Wheel Drive trim priced at $59,990, featuring a 325-mile range but a reduced towing capacity of 7,500 lbs compared to the Premium trim's 11,000 lbs, indicating a strategic shift in market segmentation.
- High-End Trim Price Cut: The price of the Cyberbeast trim has been reduced from $114,990 to $99,990 by eliminating the Luxe package, which included Full Self-Driving and free access to Tesla's Supercharger network, aiming to enhance market competitiveness.
- Cautious Sales Outlook: Investor Gary Black opines that despite the more attractive pricing of the new Cybertruck, sales are unlikely to exceed 25,000 units in 2026, with most sales expected from the mid-spec trim priced at $79,990, reflecting concerns over Tesla's sales strategy.
- Stable Market Reaction: Tesla's stock rose 0.09% to $411.71 at market close on Thursday and further increased to $411.75 in overnight trading, indicating a cautiously optimistic market response to the new model launch.
See More
