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What Tesla Cybertruck pricing could look like based on inflation

Credit: @MilMileBattery/YouTube

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Tesla Cybertruck deliveries are set to begin in roughly one month on November 30 at Gigafactory Texas. Although Tesla confirmed this significant detail last week during its Quarterly Earnings Call, the automaker left out a few important details, including available trim levels and pricing.

While NHTSA documents confirmed trim levels just a few days after Earnings last week, pricing still remains up in the air, and there could be several reasons for this.

One could be the uncertainty of market conditions, as Tesla has routinely changed prices in 2023, and announcing a specific cost of each trim now could change by the time deliveries roll around. Another reason is that Tesla could simply be undecided or not ready to announce a price.

This vehicle is so anticipated that it could likely make early reservation holders pay a premium. With uncertainty looming in macroeconomic conditions, the company could try and make the most of the early deliveries.

Tesla confirms Cybertruck deliveries for November 2023

While the Semi was produced and delivered to its first buyers without a price, we don’t expect Tesla to do the same with the Cybertruck. The Semi is an entirely different vehicle class and not something that will be driven on roads by the everyday person.

Even though pricing has remained relatively out of the public realm since Tesla delivered the first Semi units to PepsiCo. last year, there is no way the company would or could do this with the Cybertruck, a vehicle that has amassed over 1 million orders, CEO Elon Musk said on the Call last week.

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Nevertheless, there is data out there that could point us in the right direction, giving us a rough estimate of what the Cybertruck could cost based on the price of full-size pickups in 2019 when the vehicle and pricing for the trims available at that time were announced.

Using data from Kelley Blue Book, the cost of the Cybertruck would have theoretically increased by 30.7 percent. In November 2019, a full-size pickup’s average price was $51,140, not including applied consumer incentives. Over the next four years, leading up to 2023, the cost of pickups has increased every year, except for this year, as the average cost of a new truck decreased by about $1,500 from 2022.

The most recent KBB data available is for September 2023, when Full-Size Pickups landed at an average transaction price of $66,841.

When Tesla announced the Cybertruck in 2019, there were three trims: Single, Dual, and Tri-Motor. They were priced at $39,990, $49,990, and $69,990, respectively. With only the Dual and Tri-Motor configurations still standing, we can calculate what the Cybertruck would cost today in a perfect world.

With the 30.7 percent increase in new, full-size pickup prices since 2019, the Cybertruck would, in a perfect world, cost:

  • Dual Motor – from $49,990 in 2019 to – $65,336.93, an increase of $15,346.93.
  • Tri Motor – from $69,990 in 2019 to – $91,476.93, an increase of $21,486.93.

Of course, this is in no way a confirmation of Tesla’s pricing, as it could have many other things factored into the cost, especially as the vehicle has changed in sizing and design over the past four years.

The price of the Cybertruck has been highly speculated since Tesla removed pricing from the Online Design Studio a few years ago, as it was still mulling over potential configurations.

It has not stopped people from posting things on social media stating they have been contacted by Tesla and given a price for their Cybertruck reservations, either.

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Tesla will likely start contacting reservation holders soon to set up their delivery, as the first units will be handed over at a delivery event at Gigafactory Texas.

How much do you think the Cybertruck will cost? Let me know your estimates! Email me at joey@teslarati.com. You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com.

Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

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Elon Musk

SpaceX’s biggest test yet arrives this week and it’s not a rocket launch

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SpaceX will report second quarter results after the market closes on Tuesday, August 4, marking the first time the company has opened its books to the public since its record IPO in June. Management will host a live audio only webcast at 4:30 p.m. ET, streamed on X, with no dial in option.

The debut carries more weight than a typical first quarter as a public company. Two trading days after the release, on August 6, the first tranche of SpaceX’s lockup expires, freeing roughly 911.5 million insider and employee shares, worth well over $100 billion at current prices and the largest such release in Wall Street history. A second, larger tranche tied to the stock trading 30 percent above its $135 IPO price never triggered, since shares have spent most of July trading below that price.

Wall Street’s models point to revenue near $6.9 billion for the quarter, up sharply from the $4.69 billion SpaceX reported in the first quarter, with a narrower per share loss than the $1.27 posted three months earlier, according to estimates compiled by Motley Fool. Those numbers will be the first look at how SpaceX’s three segments, Starlink, launch and AI, are performing independently.

SpaceX scores another massive Pentagon deal to support military satellites

Investors heading into the call have a specific list of questions. How many net new Starlink subscribers did SpaceX add after ending March with 10.3 million, and is average revenue per user holding up as the service expands into lower income markets. How much of the AI segment’s revenue reflects contract signings with Anthropic, Google and Reflection AI this year, deals that combined could annualize to nearly $28 billion if fully ramped. Whether capital expenditures, which nearly doubled in the AI segment alone between 2024 and 2025, are still accelerating or starting to plateau. And whether management offers any forward guidance at all, something SpaceX has never done publicly.

The report will also land days after Elon Musk publicly denied a Wall Street Journal report describing internal planning to separate Tesla’s China business ahead of a potential Tesla-SpaceX merger. Whether Musk or SpaceX executives address that speculation on the call, even indirectly, maybe something investors will be listening for on Tuesday.

As Teslarati reported after Musk’s own warning to short sellers last week, the CEO has made clear he expects skeptics to be proven wrong over time. Tuesday will be the first chance for the numbers themselves to make that case.

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Elon Musk

SpaceX’s Starship just got filmed by its own cargo

SpaceX released new footage of Starship in space captured by the Starlink satellites it deployed.

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SpaceX released a new video Friday evening showing Starship from an angle showcased by its own Starlink satellites, watching the rocket drift away in orbit.

The 65 second clip, posted on X, stitches together footage from four cameras mounted on a single Starlink V3 satellite. It opens with a close view of Starship’s 171 foot upper stage, still catching sunlight, then pulls back as the two spacecraft separate.

The footage comes from Starship’s 13th flight test, which launched July 24 from Starbase after a scrubbed attempt and an abort caused by an engine issue the week before. When Flight 13 finally flew, it carried the first batch of functional Starlink V3 satellites Starship has ever deployed, twenty of them, with six equipped with cameras meant to scan the ship’s heat shield during reentry.

Flight 13 checked most of its boxes. Starship deployed all 20 satellites, relit a Raptor engine in space, and splashed down softly in the Indian Ocean off Western Australia. Musk’s longer term plan calls for a Starlink V3 constellation of 100,000 satellites, according to a recent FCC filing, with Starship as the only vehicle capable of launching them at the volume that requires. Each Starship flight is designed to carry up to 60 V3 satellites once the vehicle reaches routine service, well beyond what Falcon 9 can carry in a single mission.

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Starship is next expected to fly with an attempt at catching the ship itself with the launch tower’s mechanical arms, a maneuver SpaceX has so far reserved for the Super Heavy booster.

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Tesla Model Y L’s new features flexed at unveiling event at Diner

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Tesla Model Y L in a field
Credit: Tesla

Tesla flexed the new features of the Model Y L with a dedicated media event at the company’s Diner on Santa Monica Boulevard in Los Angeles.

The Model Y L is the extended-wheelbase version of the all-electric crossover, which has been voted the best-selling car in the world on three occasions. The vehicle is already rolling off production lines at Gigafactory Texas, and first deliveries are slated to take place later this year.

Tesla brings Model Y L ‘Launch Series’ to the U.S. at $61,990

Teslarati was invited to the event, but due to some scheduling conflicts, we could not make it to Los Angeles. Instead, we will have our hands on a media unit sometime in August, so we’ll be able to spend some more extended time with the Model Y L.

However, plenty of those who made it to LA shared some cool features that set the Model Y L apart from the Model Y.

Multi-Row Climate Control

Tesla fitted the Model Y L with full climate control on all three rows on the front screen. It can be adjusted by selecting which row you’d like to modify on the right-hand side of the touch screen:

Better Rear Window Visibility

One of the strangest things about the Model Y, especially the Juniper iteration, is the rear window has extremely limited visibility when looking into the rearview mirror.

Tesla has improved upon this with the Model Y L:

PowerShare will be included

Model Y L will come with PowerShare in North America, with an 11.5kW output to your home. Tesla said it would require Powerwall 3 for operation.

Wireless Charging Pad

There has been some speculation that Tesla would upgrade the wireless charging pads in the United States, but this is not the case.

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Tesla owner fixes common feature complaint with crafty DIY retrofit

Tesla confirmed that it does not come with the cooled pads as the Y L in China does. This is because North America has not adopted Qi charging yet.

Thermal Management Improvements

These improvements in the Model Y L were seen with thermal management:

  • Up to 15% faster cabin cooling
  • +23% thermal efficiency gained in hot weather, 7 miles of real-world range gained
  • 8x more solar energy reflection off of glass roof
  • 30% reduction in solar energy entering the cabin

Demand

Tesla said the Model Y L is almost sold out in the U.S. It comes with

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  • 1 year of FSD Supervised
  • 1 year of Supercharging
  • 1 year of Premium Connectivity
  • Free exterior paint color, interior, and wheel option at no additional cost
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