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Tesla released the Cybertruck RWD to make the AWD look like a deal

Cybertruck LR RWD is effectively a $69,990 pickup that does not have 120V and 240V power outlets on its bed or 120V outlets in the cabin.

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Credit: Tesla

Tesla released the Cybertruck Long Range Rear Wheel Drive (LR RWD) recently, and it quickly received mixed reactions from the electric vehicle community. While the truck was praised for its long range, many argued that it was far too expensive due to the long list of features that it is missing compared to the Cybertruck All Wheel Drive (AWD), the mid-range variant of the all-electric pickup truck.

A look at the Cybertruck LR RWD’s pricing and features suggests that Tesla designed and priced the vehicle to push more buyers to opt for the Cybertruck AWD instead.

So Much Missing

The Cybertruck LR RWD costs $10,000 less than the Cybertruck AWD, but it is substantially less equipped compared to its mid-range counterpart. While the Cybertruck LR RWD’s slower 0-60 mph time, lower towing and payload capacity, textile seats, and fewer speakers are understandable, missing features such as the lack of air suspension, HEPA filter, and active noise cancellation make the vehicle truly a stripped down version of the all-electric pickup truck.

Considering that it is the most affordable Cybertruck available today, it would be fair to expect the vehicle to be geared for consumers who truly use their trucks for work. However, the Cybertruck LR RWD seems like a pretty expensive and under-equipped work truck, as it is effectively a $69,990 pickup that does not have 120V and 240V power outlets on its bed or 120V outlets in the cabin. It doesn’t even have otherwise basic Cybertruck features like the rear light bar, which is part of the pickup truck’s iconic, futuristic look.

Must Be Cheaper

The long list of missing features from the Cybertruck Long Range RWD has incited a lot of conversations among electric vehicle enthusiasts on social media, with some EV fans stating that the cost of the features that Tesla removed in the LR RWD seem to be worth far beyond $10,000. Others noted that with its (very) stripped-down nature, the Cybertruck Long Range Rear Wheel Drive should have been priced around $55,000, or at least closer to Elon Musk’s previous comments about electric pickup truck prices in the past. 

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Back in 2019, Elon Musk noted during an interview on the Ride the Lightning podcast that he believes consumers should be able to purchase a decent electric pickup truck for less than $50,000. “You should be able to buy a really great truck for $49k or less,” Musk stated then. 

The Cybertruck was ultimately unveiled in November 2019 with a starting price of $39,990. If one were to adjust for inflation, Elon Musk’s sub-$50,000 Cybertruck price estimate would be worth $62,811 today, which is roughly the price of the Cybertruck LR RWD with the federal tax credit. For context, the Cybertruck’s $39,990 base price during its November 2019 unveiling is worth $50,249 today if adjusted for inflation.

A Boost to Cybertruck AWD

One would not be faulted to speculate that Tesla released the Cybertruck Long Range Rear Wheel Drive as a way to encourage customers to purchase the more expensive Cybertruck All Wheel Drive. For just $10,000 more, after all, customers would be getting a substantially better-equipped vehicle with better performance and far more utility. 

It remains to be seen how well the Cybertruck LR RWD would sell, though considering its stripped-down nature, there seems to be a chance that the variant would follow the same path as the $35,000 base Model 3 Standard Range RWD, which was briefly sold but eventually retired due to low orders. What the $35,000 Model 3 did, however, was push a lot of sales of the Model 3 Standard Range Plus, which ultimately became one of Tesla’s volume sellers and is still in production today simply as the Model 3 RWD.

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Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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Tesla called ‘biggest meme stock we’ve ever seen’ by Yale associate dean

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Credit: Tesla

Tesla (NASDAQ: TSLA) is being called “the biggest meme stock we’ve ever seen” by Yale School of Management Senior Associate Dean Jeff Sonnenfeld, who made the comments in a recent interview with CNBC.

Sonnenfeld’s comments echo those of many of the company’s skeptics, who argue that its price-to-earnings ratio is far too high when compared to other companies also in the tech industry. Tesla is often compared to companies like Apple, Nvidia, and Microsoft when these types of discussions come up.

Fundamentally, yes, Tesla does trade at a P/E level that is significantly above that of any comparable company.

However, it is worth mentioning that Tesla is not traded like a typical company, either.

Here’s what Sonnenfeld said regarding Tesla:

“This is the biggest meme stock we’ve ever seen. Even at its peak, Amazon was nowhere near this level. The PE on this, well above 200, is just crazy. When you’ve got stocks like Nvidia, the price-earnings ratio is around 25 or 30, and Apple is maybe 35 or 36, Microsoft around the same. I mean, this is way out of line to be at a 220 PE. It’s crazy, and they’ve, I think, put a little too much emphasis on the magic wand of Musk.”

Many analysts have admitted in the past that they believe Tesla is an untraditional stock in the sense that many analysts trade it based on narrative and not fundamentals. Ryan Brinkman of J.P. Morgan once said:

“Tesla shares continue to strike us as having become completely divorced from the fundamentals.”

Dan Nathan, another notorious skeptic of Tesla shares, recently turned bullish on the stock because of “technicals and sentiment.” He said just last week:

“I think from a trading perspective, it looks very interesting.”

Nathan said Tesla shares show signs of strength moving forward, including holding its 200-day moving average and holding against current resistance levels.

Sonnenfeld’s synopsis of Tesla shares points out that there might be “a little too much emphasis on the magic wand of Musk.”

Elon Musk just bought $1 billion in Tesla stock, his biggest purchase ever

This could refer to different things: perhaps his recent $1 billion stock buy, which sent the stock skyrocketing, or the fact that many Tesla investors are fans and owners who do not buy and sell on numbers, but rather on news that Musk might report himself.

Tesla is trading around $423.76 at the time of publication, as of 3:25 p.m. on the East Coast.

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Tesla makes big change to Full Self-Driving doghouse that drivers will like

Now, it is changing the timeframe of which strikes will be removed, cutting it in half. The strikes will be removed every 3.5 days, as long as no strikes are received during the time period.

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Tesla's Cabin-facing camera is used to monitor driver attentiveness. (Credit: Andy Slye/YouTube)

Tesla is making a big change to its Full Self-Driving doghouse that drivers will like.

The doghouse is a hypothetical term used to describe the penalty period that Tesla applies to drivers who receive too many infractions related to distracted driving.

Previously, Tesla implemented a seven-day ban on the use of Full Self-Driving for those who received five strikes in a vehicle equipped with a cabin camera and three strikes for those without a cabin camera.

It also forgave one strike per week of Full Self-Driving use, provided the driver did not receive any additional strikes during the seven-day period.

Now, it is changing the timeframe of which strikes will be removed, cutting it in half. The strikes will be removed every 3.5 days, as long as no strikes are received during the time period.

The change was found by Not a Tesla App, which noticed the adjustment in the Owner’s Manual for the 2025.32 Software Update.

The system undoubtedly helps improve safety as it helps keep drivers honest. However, there are definitely workarounds, which people are using and promoting for monetary gain, and you can find them on basically any online marketplace, including TikTok shop and Amazon:

People are marketing the product as an FSD cheat device, which the cabin-facing camera will not be able to detect, allowing you to watch something on a phone or look through the windshield at the road.

The safeguards implemented by Tesla are designed to protect drivers from distractions and also protect the company itself from liability. People are still using Full Self-Driving as if it were a fully autonomous product, and it is not.

Tesla even says that the driver must pay attention and be ready to take over in any scenario:

“Yes. Autopilot is a driver assistance system that is intended to be used only with a fully attentive driver. It does not turn a Tesla into a fully autonomous vehicle.

Before enabling Autopilot, you must agree to “keep your hands on the steering wheel at all times” and to always “maintain control and responsibility for your vehicle.” Once engaged, Autopilot will also deliver an escalating series of visual and audio warnings, reminding you to place your hands on the wheel if insufficient torque is applied or your vehicle otherwise detects you may not be attentive enough to the road ahead. If you repeatedly ignore these warnings, you will be locked out from using Autopilot during that trip.

You can override any of Autopilot’s features at any time by steering or applying the accelerator at any time.”

It is good that Tesla is rewarding those who learn from their mistakes with this shorter timeframe to lose the strikes. It won’t be needed forever, though, as eventually, the company will solve autonomy. The question is: when?

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Elon Musk teases the capabilities of the Tesla Roadster once again

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Elon Musk has once again teased the capabilities of the Tesla Roadster, fueling the anticipation that many have for the vehicle, despite it still having no public production or delivery date.

The Roadster is among the most anticipated vehicles in the automotive sector currently, and as Tesla has teased its capabilities, from a lightning-fast 1.1-second 0-60 MPH acceleration to potential hovering with cold-gas thrusters, people are eager to see it.

Although the design seemed to be finalized, there was still more work to be done. Earlier this year, as Tesla was showcasing some of the Roadster’s capabilities to Musk, he stated that it was capable of even more.

This pushed back its production date even further, much to the chagrin of those who have been waiting years for it.

Musk continues to tease us all, and as we sit here waiting hopelessly for it to be revealed, he said today that it is “something special beyond a car.”

Musk’s words were in response to a video posted by Tesla China, showing the Roadster in a new promotional video created by a fan.

The Roadster was planned to be released in 2020, but here we are in 2025, and there is still no sign of the vehicle entering production. However, Tesla did say earlier this year that it would host a demo event for the Roadster, where the company would showcase its capabilities.

Lars Moravy said earlier this year:

“Roadster is definitely in development. We did talk about it last Sunday night. We are gearing up for a super cool demo. It’s going to be mind-blowing; We showed Elon some cool demos last week of the tech we’ve been working on, and he got a little excited.”

Tesla exec gives big update on Roadster, confirming recent rumor

The delays have been attributed to “radically increased design goals” for the vehicle, which have, without a doubt, improved its capabilities, but at the same time, we just want to know if it’s ever going to come.

Tesla can always make it “better,” but at what point do you say, “Okay, it’s time to show this thing off.” They could always build another, even more capable supercar in the next ten years.

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