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Tesla Launches Affordable Cybertruck Amid Flash Sale Concerns

2/23/2026

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Summary

Story summary

Tesla introduced a new entry-level all-wheel-drive Cybertruck priced at $59,990, replacing the previous Premium trim.
The model retains essential features but reduces towing capacity from 11,000 pounds to 7,500 pounds.
Tesla cut the price of its high-end Cyberbeast to below $100,000.
Elon Musk, CEO of Tesla, announced a "10-day flash sale" to gauge demand, raising concerns about the timeframe's sufficiency and the potential for impulsive purchases.

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Story summary

Tesla introduced a new entry-level all-wheel-drive Cybertruck priced at $59,990, replacing the previous Premium trim.
The model retains essential features but reduces towing capacity from 11,000 pounds to 7,500 pounds.
Tesla cut the price of its high-end Cyberbeast to below $100,000.
Elon Musk, CEO of Tesla, announced a "10-day flash sale" to gauge demand, raising concerns about the timeframe's sufficiency and the potential for impulsive purchases.