Can't afford a Cybertruck? You can get a great deal on any other Tesla right now


Cybertruck
Tesla has finally started to deliver the first few Cybertrucks in the US. SUZANNE CORDEIRO/Getty Images
  • Cybertruck order holders can get $1,000 off a different Tesla order.
  • Some order holders were disappointed by the higher price for the Cybertruck.
  • Even if the Cybertruck is more expensive, Tesla has the most affordable options right now.

It’s a great time to buy anything other than a Cybertruck from Tesla.

Many order-holders were disappointed Thursday when the official prices for the Cybetruck came in at least $20,000 more expensive than originally promised. It’s even encouraging some reservation holders who spoke with Business Insider to cancel their order.

But if you’re waiting in line and can’t fork over the $80,000 for the cheapest available Cybertruck (the $60,000 variation won’t be available until 2025), you could get a deal on a different Tesla model.

Emails went out to order-holders Thursday informing them that while they wait on their Cybertruck, Tesla is offering $1,000 off any other model through the end of the year.

Even if you’re not a Cybertruck order holder, you can take advantage of Tesla’s year-end deals. Earlier this month, the company slashed prices of the Model 3, Model Y, Model S, and Model X but as much as $6,300.

This is the latest Tesla discount in a year when Elon Musk’s electric car company has slashed prices and offered more traditional dealer-like incentives for purchasing a Tesla. The starting price for a Model 3 currently sits at nearly $39,000, well below the average EV price of about $50,000 and the average new car price of about $45,000.

With a $7,500 federal tax credit and the $1,000 incentive for Cybetruck reservation holders, you could theoretically get that price down under $30,000.

Tesla’s price cuts this year have led the way on a nosedive in average EV transaction prices since the start of the year, giving them an edge over legacy competition as the wealthy early adopter pool of buyers dries up.

“The only way you create mass adoption is by going to the mass market, and the mass market isn’t an $80,000 SUV,” Martin French, managing director at automotive consultancy Berylls, told Business Insider. He said it’s imperative for brands to start offering EV options in the $25,000-$30,000 range.

“I’m pretty sure it will be Tesla – or maybe BYD – that does it at scale before anyone else,” French said.



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