TLDRs;

Tesla cuts dual-motor Cybertruck to $59,990, aiming to reach a broader U.S. buyer base.
Cyberbeast model now priced at $99,990 following removal of Luxe Package features.
Price reductions part of Tesla’s strategy to boost demand before 2026 mass-market vehicle rollout.
Unbundled options may increase software and service revenue while keeping trucks more affordable upfront.

Tesla has unveiled a new, lower-priced version of its Cybertruck in the U.S., with the dual-motor all-wheel-drive variant now starting at $59,990. This marks the most affordable price point for Tesla’s high-profile electric pickup, signaling a push to attract cost-conscious consumers.

Following the announcement, Tesla shares (TSLA) rose approximately 1.8%, reflecting investor optimism about the expanded market appeal.

Tesla, Inc., TSLA

In tandem, the company reduced the price of its high-end Cyberbeast model from $114,990 to $99,990, broadening the lineup’s appeal. The price adjustments come as Tesla seeks to expand its customer base beyond the early-adopter segment that has traditionally dominated Cybertruck orders.

Luxe Package Discontinued

The recent price drop coincides with the removal of Tesla’s “Luxe Package”, which previously bundled features like supervised full self-driving and complimentary Supercharger access. Tesla had introduced the package last August alongside a prior price increase.

New version of Cybertruck now available to order in the US

This is our most affordable Cybertruck yet.

Tough as nails with ultra-low cost of ownership

– Starts at $59,990
– Dual Motor AWD w/ est. 325 mi of range
– Powered tonneau cover
– Bed outlets (2x 120V + 1x 240V) &… pic.twitter.com/xMRF0cFo0X

— Cybertruck (@cybertruck) February 20, 2026

By removing this bundle, Tesla can advertise lower starting prices while offering higher-margin software and services as optional add-ons. This unbundling strategy allows the company to make the vehicle more accessible upfront while potentially boosting long-term revenue from digital features.

Strategic Price Cuts for 2026

Price reductions are part of a broader 2026 strategy, designed to stimulate demand ahead of Tesla’s upcoming mass-market vehicle launches. Analysts note that the lower Cybertruck price positions Tesla to better compete with traditional and electric pickups in the U.S., appealing to buyers who previously considered the vehicle out of reach.

This approach also demonstrates Tesla’s growing focus on flexible pricing and optional services, which could reshape the EV market’s conventional sales model. By separating core vehicle pricing from add-on features, Tesla is creating a more modular purchasing experience that could become a template across the industry.

Market Response and Stock Impact

Following the announcement, Tesla shares edged higher, reflecting investor optimism that more accessible pricing could translate into higher order volumes. Market watchers also highlighted that the pricing strategy aligns with Tesla’s long-term goal of broadening adoption while maintaining profitability through software and service revenue.

While other Cybertruck variants remain unchanged, the combination of affordability and optional premium services may accelerate delivery momentum and expand Tesla’s market share in the electric pickup segment.

Tesla’s move to lower Cybertruck costs and eliminate bundled features underscores a deliberate shift: making EV ownership more attainable while leveraging add-ons to drive margins. Investors appear encouraged, seeing potential for both immediate sales growth and sustainable digital revenue streams as the company heads into 2026.

The post Tesla (TSLA) Stock; Rises as Lower-Priced Cybertruck Targets Cost-Conscious Buyers appeared first on CoinCentral.

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Filed under: News - @ February 20, 2026 7:24 am