Tesla Confirms $60K Cybertruck Price Increasing February 28

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Nehal Malik

Tesla is wasting no time adjusting the price of its newest electric truck. If you were planning to snag the entry-level Cybertruck for under $60,000, you have less than a week to pull the trigger.

The company has confirmed that the $59,990 introductory price for the Dual Motor All-Wheel Drive (AWD) model is officially set to expire on February 28. A banner currently live on the official Cybertruck order page notes that the price will increase after that date. This move comes just days after CEO Elon Musk teased that the low sticker price was a limited-time window to gauge just how much demand was out there.

Tesla's Cheapest Cybertruck Ever

This version of the Cybertruck is arguably the best value Tesla has offered since the truck first hit the road. While it’s $20,000 cheaper than the Premium (formerly Long Range) trim, it doesn't skimp on the performance that matters. It still delivers an impressive 325 miles of range and a 4.1-second 0–60 mph time — identical to its more expensive sibling.

To hit that sub-$60k price point, Tesla trimmed the fat in the cabin and under the chassis. You’ll find a durable "tactical grey" textile interior rather than vegan leather, and you give up the rear-passenger touchscreen and heated second-row seats. Mechanically, the biggest change is the swap from adaptive air suspension to a coil spring setup with adaptive damping. However, it keeps the core "truck" features like the powered tonneau cover and the vital Powershare bed outlets, making it a perfect tool for the job site.

Estimated Deliveries Slip Into Fall 2026

If there was any doubt about whether people actually wanted a $60,000 Cybertruck, the delivery calendar just provided the answer. When the trim was first introduced last week, estimated delivery dates were sitting in the May–June 2026 range.

Within days, those dates have slipped significantly. New orders are now showing estimated deliveries in September–October 2026. This massive surge in demand puts to rest any speculation that Tesla might kill off this trim due to a lack of interest. In fact, the waitlist is growing so fast that Tesla clearly feels confident enough to hike the price.

Future Pricing

The big question now is exactly how much more you’ll have to pay come March. Tesla hasn't released the new number yet, but we can look at the current lineup for a few clues.

With the next step up — the Premium AWD — priced at $79,990, Tesla has a lot of room to move. It’s possible we could see a $10,000 jump to $69,990, which would match the price of the ill-fated Rear-Wheel Drive model from last year. Alternatively, Tesla might go for a more modest $5,000 increase to keep the "Standard" AWD trim looking like a bargain compared to the rest of the fleet.

There’s also a chance Tesla prices this AWD trim even higher than last year’s RWD variant (and just under the Premium trim), potentially planning to supplement the lineup with a new, strictly entry-level RWD model at the $60,000 price point much further down the line.

If you’ve been on the fence, this is your final warning. You have until the end of the day on February 28 to lock in the $59,990 price before the "early bird" special disappears for good.