<div id="readability-page-1"><div><div><p><strong>Tesla Inc.</strong> <span>TSLA</span> has raised the price of the quickest Cybertruck variant as the September 30 deadline for the federal EV credit looms.</p><h2>The ‘Cyberbeast' Trim Costs $15,000 More Now</h2><p>Tesla raised the price of the range-topping Cyberbeast trim from the original $99,990 to $114,990, the company's official website showed on Thursday. </p><p>Tesla says that the new pricing is a result of the company offering the Cybertruck with the &#34;Luxe package,&#34; which offers Supervised FSD and free access to Tesla's Supercharger Network.</p><p>Other incentives include a four-year premium service option as well as connectivity features. Pricing for the other variants in the line remains unchanged.</p><p>The Cyberbeast trim offers a 0-60 mph time of 2.6 seconds and an EPA range of 320 miles on a single charge with a tri-motor all-wheel drive system and premium interiors.</p><p><em>Source: Tesla</em></p><h2>Cybertruck's 5-Star NHTSA Rating, Piling Inventories</h2><p>The news comes as the Cybertruck received a 5-star crash test rating for both the driver as well as the passenger by the NHTSA. The pickup truck earlier received a 5-star rating only for the driver, while securing a 4-star rating for the passenger.</p><p>Despite the Cybertruck's safety rating and its build quality, however, Tesla hasn't been able to sell units. The EV giant is said to be sitting on an inventory worth $200 million and is also accepting trade-ins for the vehicle, less than 2 years after its release.</p><h2>Tesla's Broader Sales Woes, FSD Lawsuits</h2><p>The price rise also comes as Tesla's broader sales have been lackluster, with the company recording double-digit drops in markets like the UK as well as other parts of Europe like Sweden, Denmark and France.</p><p>Adding to the challenge are lawsuits that <strong>Elon Musk</strong>'s company is currently facing over its FSD system, with a California judge certifying a class action lawsuit against Tesla for &#34;misleading&#34; claims about FSD's capabilities.</p><p>Tesla scores well on Momentum and Growth metrics, while offering satisfactory Quality, but poor Value. For more such insights, sign up for Benzinga Edge Stock Rankings today!</p><p><em>Check out more of Benzinga's Future Of Mobility coverage by</em><em> following this link.</em></p><ul> <li>NHTSA Launches Probe Into Elon Musk-Led Tesla Following Crash Test Report Delays Involving FSD, Autopilot</li> </ul><p><em>Photo courtesy: wedmoments.stock / Shutterstock.com</em></p></div></div></div>

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<p>Tesla has increased the price of its fastest Cybertruck variant, the 'Cyberbeast,' from $99,990 to $114,990, ahead of the September 30 deadline for the federal EV credit. This price hike is attributed to the inclusion of the 'Luxe package' with enhanced features. Despite receiving a 5-star NHTSA safety rating, Tesla faces declining sales and significant inventory challenges, with reports of a $200 million stockpile. Additionally, the company is dealing with lawsuits regarding its Full Self-Driving (FSD) system.</p>

- Tesla Inc. has increased the price of the Cyberbeast trim of the Cybertruck from $99,990 to $114,990 ahead of the federal EV credit deadline.  
- The price hike is attributed to the inclusion of the "Luxe package," which offers enhanced features and services.  
- Despite receiving a 5-star NHTSA crash test rating, Tesla faces challenges with inventory and declining sales in various markets, compounded by ongoing lawsuits regarding its FSD system.

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Tesla Announces Surprise Price Hike Of Quickest Cybertruck Trim Amid $7,500 EV Credit Deadline, Declining Sales