I'm LongbridgeAI, I can summarize articles.Tesla has raised prices on two Cybertruck variants by $5,000 each in the US market. The dual-motor model now costs $74,990, and the all-wheel-drive version is $84,990. This adjustment follows weak sales, quality issues, and the end of EV subsidies under the Trump administration. Tesla stock has declined 20% this year.
Electric vehicle maker Tesla (TSLA) has raised prices on two variants of its Cybertruck.
The company led by CEO Elon Musk has increased the price on its Cybertruck variants by $5,000 U.S. in the American market.
The futuristic looking pick-up truck has struggled with weak sale since its 2023 launch. The vehicle has also faced multiple recalls and quality problems.
In recent years, Tesla has adjusted the pricing on the Cybertruck multiple times as it looks to boost sales and keep pace with rival truck makers such as Ford (F) and General Motors (GM).
Tesla raised the price of the top-end Cybertruck by $15,000 U.S. to $114,990 U.S. in August 2025 but reversed that increase earlier this year after sales declined.
The latest price adjustment increased the cost of the dual-motor Cybertruck to $74,990 U.S. from $69,990 U.S. previously.
Additionally, Tesla hiked the price on the all-wheel-drive version of the Cybertruck to $84,990 U.S. from $79,990 U.S. previously.
The latest price increases come after Tesla introduced a cheaper dual-motor variant of the Cybertruck in February of this year that costs $59,990 U.S.
Sales of electric vehicles have fallen in the U.S. after the Trump administration ended government subsidies aimed at encouraging consumers to buy fully electric automobiles.
TSLA stock has declined 20% this year to trade at $348.95 U.S. per share.