---
title: "Jim Farley Reaffirms 2027 Launch for Ford’s $28K Cybertruck Rival, the Fathom EV — the Price Gap Could Buy You a Tesla Model Y"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297778014.md"
description: "Ford CEO Jim Farley confirmed the Fathom, a midsize all-electric pickup truck, will launch in 2027 with a starting price of $28,350. The vehicle is currently undergoing hot weather testing in Las Vegas and Arizona. This pricing significantly undercuts Tesla's Cybertruck, which starts at $74,990, making the Fathom more affordable than even a Tesla Model Y. Pre-orders are expected to begin early next year."
datetime: "2026-09-02T11:08:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297778014.md)
  - [en](https://longbridge.com/en/news/297778014.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297778014.md)
generator: "portal-rs"
---

# Jim Farley Reaffirms 2027 Launch for Ford’s $28K Cybertruck Rival, the Fathom EV — the Price Gap Could Buy You a Tesla Model Y

**Ford Motor Company** (NYSE:F) CEO **Jim Farley** on Tuesday shared another look at the company’s upcoming Fathom all-electric pickup truck based on the automaker’s universal EV platform.

## Hot Weather Testing in Las Vegas

Taking to the social media platform **X**, Farley showed off a camouflaged unit of the pickup truck on the streets of Las Vegas. “The team was out in the desert doing hot weather testing,” before taking a detour to Las Vegas. “Our new midsize electric truck. Coming 2027,” he said.

> The team was out in the desert doing hot weather testing on the new @Ford Fathom and took a detour through Las Vegas to share the new name. Our new midsize electric truck. Coming 2027. pic.twitter.com/OJO7WwVPCv
> 
> — Jim Farley (@jimfarley98) September 1, 2026

 **Read Also: Ford Scraps F-150 Lightning EV Production, Jim Farley Says Automaker Will Pivot: 'Just Weren't Selling…'** 

The camouflage also features a QR code, which would direct you to the vehicle’s landing page on the Ford website. Ford says the Fathom will start at $28,350 before destination and delivery charges, with the standard-range battery. The company added that pre-orders will begin early next year. Earlier, the vehicle was spotted testing in Arizona.

## Fathom Undercuts Cybertruck

Notably, the Fathom, with its sub-$30,000 price, significantly undercuts the **Tesla Inc.** (NASDAQ:TSLA) Cybertruck. Tesla recently hiked the Cybertruck prices in the U.S., with the base trim now availale for $74,990.

Based on the Fathom’s MSRP of $28,350, a Cybertruck is more than $46,000 pricier. Notably, a Tesla Model Y retails for $39,990 for the base trim in the U.S., meaning you could theoretically buy a Fathom and a Tesla Model Y for the price of one Cybertruck.

Tesla CEO **Elon Musk** had earlier said that the Cybertruck will be getting the automaker’s Actually Smart Summon feature via a future update, saying that the truck could navigate a parking lot and drive itself to the owner using the feature. That feature landed following an update in June.

 **Read Also: Tesla Cybercab Is ‘Not Ugly’ Like Waymo, Zoox Vehicles, Says Ross Gerber: ‘Hopefully’ TSLA Can Scale It** 

*Check out more of Benzinga’s Future Of Mobility coverage by following this link*.

*Photo courtesy: Shutterstock*

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## Related News & Research

- [Ford shares a closer look at the $30,000 Fathom EV pickup [Video]](https://longbridge.com/en/news/297700577.md)
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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**