Last week, Tesla made the cheapest version of its stainless steel-bodied Cybertruck available to US buyers, with the new Long Range dual-motor AWD variant priced from $US59,990 (around $A84,800) – roughly 40% cheaper than the top-spec Cyberbeast
Tesla already signalled a price rise by the end of this week. On the Cybertruck configurator, the company has a pinned header which says: “Cybertruck Dual Motor AWD: Starting at $US59,990. Price Increases after February 28.”
This comes a couple of days after the company’s CEO, Elon Musk, hinted that the new AWD Long Range entry-level variant of the Cybertruck is likely to see a price hike if there’s high demand.
Image: Tesla US
Responding to a question on X about future pricing, Musk said: “Depends on how much demand we see at this price level.”
Depends on how much demand we see at this price level
— Elon Musk (@elonmusk) February 20, 2026
With the current pricing (before any increases on the Long Range AWD), the new Cybertruck lineup includes:
Long Range AWD – $US59,990
Premium AWD – $US79,990
Tri-motor Cyberbeast – $US99,990
The new variant will come equipped with a 123 kWh battery delivering more than 520 km of EPA-rated range, a more conservative test cycle than WLTP.
DC fast charging peaks at up to 325 kW. This is expected to increase with the new V4 Supercharger cabinets being rolled out in the US before heading to global markets.
On top of that, a powered tonneau cover is also available for the fairly large bed, with 2x 120 V and 1x 240 V V2L ports.
Powering the Cybertruck is a robust drivetrain. Tesla claims a 0–60 mph time of 4.1 seconds, which translates to roughly 0–100 km/h in the low four-second range.
Image: Tesla Korea via X
When it comes to pulling power, the new variant comes with 3.4 tonnes of braked towing, which would make it one of the highest tow-rated EVs available locally, if introduced to Australia.
One other advantage it has is a high ground clearance of just over 240 mm. This makes it quite capable when taken off-road, but it can’t be adjusted as easily as the more expensive variants that have air suspension.
Inside, a large 18.5-inch central touchscreen dominates the dashboard, although this entry variant misses out on the rear passenger display found in Australian-delivered Teslas.
This entry-level Long Range AWD variant currently has a delivery timeframe of Q4 in 2026, pushed back from June only a couple of days ago, suggesting strong early demand at this lower price point.
This was noted by Greggertruck on X with delivery in Arizona now showing between Sept-Oct 2026.
It will be worth watching how far prices rise in the coming days, particularly as Tesla ramps up production at its Texas Gigafactory, where the Cybertruck and other next-generation models are built.
Riz is the founder of carloop based in Melbourne, specialising in Australian EV data, insight reports and trends. He is a mechanical engineer who spent the first 7 years of his career building transport infrastructure before starting carloop. He has a passion for cars, particularly EVs and wants to help reduce transport emissions in Australia. He currently drives a red Tesla Model 3.
