Elon Musk admitted that the Tesla Cybertruck prices will change at the 2022 Annual Meeting of Stockholders. However, a lot has changed since the cyberpunk truck’s unveiling. Tesla might make the price change worth it.
The all-electric pickup truck was unveiled in 2019—before the pandemic. Prices have gone up across the board, so it wouldn’t be surprising if the price of the Cybertruck went up as well. Tesla has increased the price of its other vehicles as well.
Cybertruck Pricing
“Cybertruck pricing, it was unveiled in 2019, and the reservation was $99,” Elon Musk reminded everyone at the Shareholders Meeting. “A lot has changed since then, so the specs and the pricing will be different. I hate to give sort of a little bit of bad news. But I think there’s no way to sort of anticipate the inflation that we’ve seen and the various issues,” Musk said candidly.
Initially, the Cybertruck was available in three trims with varying prices.
- Single Motor RWD – $39,900 before options
- Dual Motor AWD – $49,900 before options
- Tri-Motor AWD – $69,900 before options
Cybertruck Specs
Even though Tesla has had a lot on its plate with the pandemic, supply chain issues, and inflation, it has continued to refine the Cybertruck’s design since 2019.
When it was unveiled, the Cybertruck had some pretty impressive specs.
- 250+, 300+, and 500+ miles of range
- 3500 lbs payload
- Towing rating between 7.5k to 14k lbs
- 250 kW charging
- Off-road performance with 35 degrees approach angle, up to 16″ clearance, and 28 degrees departure angle
- 100 cubic feet of exterior storage
- 110v/220v onboard outlets
- Full Self-Driving features (optional)
- Autopilot as standard
In June, Elon Musk confirmed that Tesla had finalized the design of the Cybertruck.
At the Q4 2021 earnings call, he shared that Tesla added a lot of new technology to the Cybertruck. Musk hinted that striking a balance between the Cybertruck’s new technology and affordability would decide its final updated price.
“I worry more about like how do we the Cybertruck affordable despite having awesome technology. That’s the thing that will really set the rate,” he said back in Q4 2021.
Giga Texas Cybertruck Production
In June, Elon Musk confirmed that Tesla had finalized the design of the Cybertruck. At the Shareholders Meeting, he said that Cybertruck production is on track for mid-2023.
Musk assured everyone that the Cybertruck is still a mind-blowing EV pickup truck. “But what I can say is that the Cybertruck will be one hell of a product. It’s gonna be like a damn fine machine,” he said.
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Elon Musk
Elon Musk estimates Tesla Semi could reach Europe next year
“We’ve got the Tesla Semi coming out, the heavy truck, and that’ll be going to Europe hopefully next year,” Musk said.
Tesla is preparing to expand its all-electric Semi truck program to Europe, with CEO Elon Musk indicating that the Class 8 vehicle could arrive in the region 2027.
Musk shared his update during an interview about Giga Berlin with plant manager André Thierig, which was posted on X by the official Tesla Manufacturing account.
“We’ve got the Tesla Semi coming out, the heavy truck, and that’ll be going to Europe hopefully next year,” he said.
Tesla has already begun limited production and customer deployments of the Tesla Semi in the United States, with the company working to scale output through the Semi factory near Giga Nevada. Considering Musk’s comments, it appears that a European rollout would be the next phase of the vehicle’s expansion beyond North America.
Musk’s use of the word “hopefully” leaves room for flexibility, but the remark signals that Europe is next in Tesla’s commercial expansion plans.
Musk has consistently argued that electrification should extend beyond passenger vehicles. During the same interview, he reiterated his view that “all ground transport should be electric,” adding that ships, and eventually aircraft, would follow.
The Semi plays a central role in that strategy. Heavy-duty freight remains one of the most emissions-intensive segments of road transport, and European regulators have increasingly pushed for lower-emission commercial fleets.
Tesla recently refreshed the Semi lineup on its official website, listing two variants: Standard and Long Range. The Standard trim offers up to 325 miles of range with an energy consumption rating of 1.7 kWh per mile, while the Long Range version provides up to 500 miles, which should be more than ample for European routes.
Elon Musk
Tesla Cybercab coming next to Giga Berlin, Optimus possibly after
“From a next major product standpoint, I think most likely is the Tesla Cybercab,” Musk said.
Tesla could add the Cybercab and Optimus humanoid robot to the production lineup at Giga Berlin, as per recent comments from CEO Elon Musk.
During a recent interview with Giga Berlin plant manager André Thierig, Musk identified the Cybercab as the most likely next major product for the German factory, with Optimus potentially following after.
“From a next major product standpoint, I think most likely is the Tesla Cybercab,” Musk said. He added that there are also “possibilities of Tesla Optimus” being produced in the facility.
Tesla has already begun production of the Cybercab in Giga Texas, with volume production expected to ramp this year. Based on Musk’s comments, it appears that if conditions align in Europe, Giga Berlin could eventually join that effort.
The CEO’s comments about Optimus coming to Gigafactory Berlin are quite unsurprising too considering that Musk has mentioned in the past that the humanoid robot will likely be Tesla’s highest volume product in the long run.
Giga Berlin will likely be able to produce mass volumes of Optimus, as the Model S and Model X lines being converted to an Optimus line in the Fremont Factory are already expected to produce 1 million units of the humanoid robot annually.
Apart from his comments about the Cybercab and Optimus, Elon Musk also confirmed that Giga Berlin has started ramping battery cell production and will continue expanding Model Y output, particularly as supervised Full Self-Driving (FSD) gains regulatory approvals in Europe.
Taken together, the remarks suggest Berlin’s role could evolve beyond vehicle assembly into a broader multi-product manufacturing hub, not just a regional Model Y plant.
Energy
Tesla Powerwall distribution expands in Australia
Inventory is expected to arrive in late February and official sales are expected to start mid-March 2026.
Supply Partners Group has secured a distribution agreement for the Tesla Powerwall in Australia, with inventory expected to arrive in late February and official sales beginning in mid-March 2026.
Under the new agreement, Supply Partners will distribute Tesla Powerwall units and related accessories across its national footprint, as noted in an ecogeneration report. The company said the addition strengthens its position as a distributor focused on premium, established brands.
“We are proud to officially welcome Tesla Powerwall into the Supply Partners portfolio,” Lliam Ricketts, Co-Founder and Director of Innovation at Supply Partners Group, stated.
“Tesla sets a high bar, and we’ve worked hard to earn the opportunity to represent a brand that customers actively ask for. This partnership reflects the strength of our logistics, technical services and customer experience, and it’s a win for installers who want premium options they can trust.”
Supply Partners noted that initial Tesla Powerwall stock will be warehoused locally before full commercial rollout in March. The distributor stated that the timing aligns with renewed growth momentum for the Powerwall, supported by competitive installer pricing, consumer rebates, and continued product and software updates.
“Powerwall is already a category-defining product, and what’s ahead makes it even more compelling,” Ricketts stated. “As pricing sharpens and capability expands, we see a clear runway for installers to confidently spec Powerwall for premium residential installs, backed by Supply Partners’ national distribution footprint and service model.”
Supply Partners noted that a joint go-to-market launch is planned, including Tesla-led training for its sales and technical teams to support installers during the home battery system’s domestic rollout.
Elon Musk estimates Tesla Semi could reach Europe next year
Tesla Cybercab coming next to Giga Berlin, Optimus possibly after
