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Tesla Cybertruck vs Ford F-150: Cost of ownership battle ends with eye-opening results
The Tesla Cybertruck offers several benefits that make it an ideal alternative to conventional pickup trucks like the best-selling Ford F-150. But beyond its polarizing design and healthy set of features, one thing may really be the difference-maker for customers who are considering a Cybertruck purchase: its cost of ownership.
Pickups are very popular in the United States, holding about 17% of the US auto sales market last year. Yet, for all their popularity, trucks are also notoriously expensive to own, thanks to their large engines that guzzle fuel. Considering that the Tesla Cybertruck promises a lower cost of ownership compared to traditional trucks like the Ford F-150, it then becomes pertinent to run the numbers between the futuristic upstart and the tried-and-tested veteran.
This was the topic of a recent video from Tesla owner-enthusiast Ben Sullins of YouTube’s Teslanomics channel. In his video, Sullins compared the cost of ownership between the Tesla Cybertruck and the Ford F-150 over a five-year period. The results were notably eye-opening.
Sullins opted to utilize the Ford F-150 because it is the most popular pickup in the United States. He also selected the 2020 Ford F-150 Lariat SuperCrew as the truck of choice for his comparison, since the variant was the trim which received Edmunds‘ recommendation. This version was compared with the Tesla Cybertruck’s Dual Motor AWD variant, which CEO Elon Musk noted was receiving the majority of reservations from consumers. To make the comparison as fair as possible, Sullins opted for options in the F-150 that would make it as similar to the mid-level Cybertruck as possible, such as 4×4 and a six-seat configuration.
For the vehicle’s true cost of ownership over 5 years, the Teslanomics host referred to Edmunds‘ TCO metrics, which includes Depreciation, Taxes and Fees, Financing, Fuel, Insurance, Repairs, and Maintenance. Considering that the Cybertruck is not on the road yet, Sullins opted to estimate the all-electric pickup’s depreciation, taxes and fees, and financing on the F-150’s numbers. The same was true for the Cybertruck’s estimated insurance costs.
Things started to diverge when maintenance and fuel costs between the two vehicles were considered. The Tesla Cybertruck’s maintenance will likely be marginal compared to the F-150, which is equipped with an internal combustion engine. Fuel costs were also very different between the two vehicles. If one were to consider the average price of fuel in CA and TX and a yearly mileage of 15,000 miles, a Ford F-150 owner in CA could spend about $3,183 in fuel costs per year considering the state’s average fuel cost of $3.82 per gallon. An F-150 owner in TX, where gas prices average $2.24 per gallon, could spend about $1,866 per year in fuel costs.
In comparison, a Cybertruck owner in CA, where electricity costs a pretty steep $0.26 per kWh on average, will spend about $1,950 in charging costs for a year. A Cybertruck owner from TX, where electricity costs $0.09 per kWh, could spend as little as $675 per year. It’s pertinent to note that these costs do not account for off-peak hours, where electricity is cheaper.
Overall, Sullins estimated that the total cost of ownership for a Ford F-150 in CA would be around $72,459 over five years, while one in TX stands at about $65,467. Thanks to low charging and maintenance costs, the Cybertruck would likely have a TCO of $53,379 in CA and $46,610 in TX, respectively. That’s a difference of $19,080 and $18,858 over the course of five years. Of course, if a Tesla owner charges the Cybertruck through solar panels, then the TCO of the all-electric vehicle will be even lower.
Inasmuch as the Cybertruck is polarizing for its looks, it is difficult not to see the value of the vehicle when it comes to cost of ownership compared to traditional pickups. This is something that is key to potential Cybertruck customers such as companies that are managing fleets of vehicles. If something like the Cybertruck comes along and offers the same utility and better performance while offering lower operating costs, there is very little incentive to ignore the vehicle just because it doesn’t look like every other pickup in the market.
Watch Ben Sullins’ breakdown of the Tesla Cybertruck and the Ford F-150’s cost of ownership in the video below.
Tesla welcomed JPMorgan analysts to one of its factories earlier this month, with the Wall Street firm highlighting its findings in a new note to investors. One of the more pertinent pieces of information is that Tesla admitted to slowly integrating Model Y vehicles into its Robotaxi fleet, but it has a good reason.
JPMorgan analysts recently toured Tesla’s Fremont Factory and met with the company’s investor relations team, emerging with a clearer picture of the automaker’s Robotaxi strategy. According to the bank’s note, Tesla is intentionally limiting the addition of Model Y vehicles to its existing Robotaxi fleet.
The firm’s analysts said:
“Tesla indicated it is intentionally holding back on adding Model Y units to the robotaxi fleet, expressing confidence in its ability to scale Cybercab in the near-term. On FSD V15, Tesla views this release as a step-change in performance, comparable to the leap from V13 to V14. The V15 upgrade encompasses seven core technologies, with ~40% of those currently being tested in the robotaxi fleet, where initial feedback has been encouraging.”
JPMorgan after meeting with Tesla recently in Fremont:
“Tesla indicated it is intentionally holding back on adding Model Y units to the robotaxi fleet, expressing confidence in its ability to scale Cybercab in the near-term. On FSD V15, Tesla views this release as a step-change… pic.twitter.com/W9yGCWRT3C
— Sawyer Merritt (@SawyerMerritt) August 20, 2026
Far from signaling delays or doubts about autonomy, the move reflects strong management confidence in the near-term scalability of the purpose-built Cybercab.
Tesla has operated its Robotaxi service primarily with modified Model Ys since launching in Austin and expanding to other markets. Yet the company is now deliberately holding back further Model Y conversions. The rationale is straightforward: leadership believes the Cybercab, a two-seat, steering-wheel- and pedal-free vehicle optimized for high utilization, can ramp production and deployment more efficiently in the coming months.
This dedicated form factor promises better unit economics for the majority of rides, which typically involve one or two passengers, while freeing consumer Model Y inventory for retail sales.
Supporting this pivot is Full Self-Driving (FSD) software version 15, which Tesla describes as a genuine step-change in performance, comparable to the leap from V13 to V14. The update incorporates seven core technologies; roughly 40 percent are already undergoing real-world testing in the current Robotaxi fleet, with early feedback described as encouraging.
Tesla is carefully managing software development to minimize regressions in core driving functions as new capabilities are added. Management positions V15 as the primary gateway to scaling unsupervised FSD. Importantly, the existing AI and Hardware 4 stack is already capable of running V15 and supporting unsupervised operation.
Cybercab itself is only the first vehicle on the platform. Tesla reiterated that additional form factors will follow, pointing to concepts such as the earlier “Robovan” demonstration as examples of how the architecture can evolve.
Tesla’s mysterious Robovan makes a sneak peek with Optimus in Terafab video
Parallel progress continues on the Optimus humanoid robot, which remains on track for start of production in the coming months, with commercial sales possible as early as the second half of 2027. Generation 3 details will be revealed closer to production to preserve competitive advantages, while Generation 4 scope will draw on real-world Gen 3 experience.
JPMorgan left the meeting with a deeper appreciation for Tesla’s manufacturing automation and maintained its $475 price target. The decision to slow Model Y Robotaxi integration is therefore not a setback but a calculated prioritization of a more efficient, purpose-built solution that management believes is ready to scale.
SpaceX CEO Elon Musk announced today that the company will likely attempt to catch the Starship upper stage with its launch tower arms “in a few months.”
In a post on X, Musk wrote, “Looks like we will probably catch the ship with the tower in a few months. If there had been a tower out to sea where we practiced landing the ship, it would have been caught.” He added that the first reflight of a Starship vehicle is expected by the end of 2026 or early 2027, describing it as “a fork in the road of history for consciousness reaching the stars.”
Looks like we will probably catch the ship with the tower in a few months. If there had been a tower out to sea where we practiced landing the ship, it would have been caught.
First reflight of the ship will be either end of this year or early next. That will be a fork in the… https://t.co/O5g9pqrzyo
— Elon Musk (@elonmusk) August 20, 2026
Musk’s prediction comes amid ongoing progress toward full reusability of the Starship system, a two-stage rocket designed for rapid turnaround and dramatically lower launch costs. Catching the upper stage, known simply as “ship,” with the Mechazilla tower’s mechanical arms would mark a major milestone. It would allow both stages to return directly to the launch site for quick refurbishment and reuse, eliminating the need for ocean recovery.
Musk has previously signaled plans for a ship catch. In July, shortly after SpaceX’s wildly successful Starship 13 mission, he stated that the company would attempt to catch the ship with the tower on the next flight unless problems emerged in the mission data review. Earlier comments also outline conditions such as successful soft ocean landings before attempting a land recovery to minimize risk.
SpaceX has solved Starship’s biggest challenge, Elon Musk says
The latest update from Musk adjusts this timeline to a few months, reflecting the iterative nature of the test campaign.
SpaceX has already demonstrated the tower catch technique successfully with the Super Heavy booster on a couple of occasions. The first successful booster catch occurred during Flight 5 in October 2024, when the massive first stage returned to the Starbase pad in Texas and was plucked from the air by the tower arms.
Additional catches followed on later flights, including Flight 7, proving the concept for the booster and building confidence in the system as a whole.
Achieving a similar catch for the upper stage would represent a significant step forward. The ship returns from much higher speeds and greater heat loads after orbital or near-orbital flight. Success would advance SpaceX’s goal of full and rapid reusability, potentially reducing the cost of access to orbit by a factor of 100 or more and supporting ambitions for frequent satellite deployments, lunar missions, and eventual Mars flights.
Musk has long emphasized that true reusability, refueling rather than discarding hardware, is essential for making humanity a multi-planetary species.
As SpaceX continues refining Starship through successive test flights, the coming months will test whether the ambitious catch timeline can be met. The combination of prior booster successes and improving ship landing precision suggests the company is steadily closing in on this historic capability.
SpaceX has achieved an incredible milestone by launching its 11,000th Starlink satellite into orbit.
This accomplishment occurred during the Starlink Group 17-50 mission, which lifted off on August 19 at 04:01 UTC from Space Launch Complex 4 East at Vandenberg Space Force Base in California.
Falcon 9 launches 24 @Starlink satellites from California pic.twitter.com/UscpmAxDls
— SpaceX (@SpaceX) August 19, 2026
A Falcon 9 rocket carried 24 Starlink V2 Mini satellites on this flight, successfully deploying them into low Earth orbit approximately one hour after liftoff. The first stage booster, identified as B1097 on its twelfth flight, landed successfully on the droneship Of Course I Still Love You in the Pacific Ocean.
According to tracking data compiled around that date, this deployment brought the total number of Starlink satellites in orbit to just over 11,000.
The Starlink program began with test satellites known as Tintin A and B, launched on February 22, 2018. The first operational batch of 60 Starlink satellites followed on May 24, 2019, when a Falcon 9 rocket lifted off from Cape Canaveral. Those initial satellites marked the start of a rapid expansion that has continued for more than seven years.
SpaceX has conducted hundreds of dedicated Starlink missions since then, routinely launching batches of 20 to 30 satellites at a time using reusable Falcon 9 rockets. By mid-2026, the company had already surpassed 12,000 total satellites launched across all versions, with continuous replacements for units that deorbit as designed to manage space debris.
Looking ahead, SpaceX continues to expand the Starlink constellation to enhance global broadband coverage, capacity, and speed. The network already serves millions of users across more than 160 countries and supports applications ranging from residential internet to maritime, aviation, and emergency services.
Future plans center on next-generation hardware, including larger V3 satellites capable of delivering substantially higher throughput, which require the increased payload capacity of the Starship vehicle currently under development and testing.
In July, SpaceX submitted an application to the Federal Communications Commission seeking authority for a Gen3 constellation of up to 100,000 satellites. These spacecraft would operate in very low Earth orbit shells at altitudes near 325 kilometers and 475 kilometers. The filing requests use of existing Ku, Ka, V, and E band spectrum along with new greenfield W and D band frequencies between 92 and 275 GHz.
SpaceX states that the expanded system aims to deliver multi-gigabit symmetrical broadband to consumers, enterprises, governments, and billions of AI-powered devices worldwide while handling a majority of global internet traffic. Approval and subsequent deployment would depend on regulatory review and the operational readiness of Starship for high-volume launches.
This ambitious scale reflects SpaceX’s ongoing commitment to providing ubiquitous high-speed connectivity from space.
Tesla admits to slow Model Y Robotaxi integration, but for a good reason
Elon Musk gives a timeline for SpaceX’s first Starship catch attempt
