• Latest
  • Trending
Tesla’s cheapest cyber truck will cost $60,990

Elon Musk unveils Blade Runner-inspired Cybertruck

December 5, 2023
Orange Egypt partners with mnGm to introduce gold trading via mobile wallets

Orange Egypt partners with mnGm to introduce gold trading via mobile wallets

September 26, 2025
BII injects $20 million into Acumen initiative targeting Africa’s off-grid communities

BII injects $20 million into Acumen initiative targeting Africa’s off-grid communities

September 26, 2025
PesaLink and Tendepay join forces to digitise enterprise payments in Kenya

PesaLink and Tendepay join forces to digitise enterprise payments in Kenya

September 26, 2025
How Africa’s Gen Z founders are building startups before graduation

How Africa’s Gen Z founders are building startups before graduation

September 26, 2025
YouTube now lets viewers turn off video end screens

YouTube now lets viewers turn off video end screens

September 26, 2025
Apple iPhone 18 Pro rumours: Design, performance, and camera upgrades

Apple iPhone 18 Pro rumours: Design, performance, and camera upgrades

September 26, 2025
South African investment giant raises caution on Bitcoin ETF risks

South African investment giant raises caution on Bitcoin ETF risks

September 26, 2025
OpenAI’s ChatGPT Pulse now available for Pro users

OpenAI’s ChatGPT Pulse now available for Pro users

September 26, 2025
MSport 2025

MSport 2025: Nigeria’s #1 Sports Betting Site, Powered by Chelsea & BVB

September 25, 2025
MNT-Halan introduces Egypt’s first secure lending solution via Halan App

MNT-Halan introduces Egypt’s first secure lending solution via Halan App

September 25, 2025
Your one-stop tech hub! Get the latest updates on AI, cybersecurity, fintech, and emerging technologies.
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Tech TV
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Tech TV
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
Techpression
No Result
View All Result
Home Tech News Africa Tech News

Elon Musk unveils Blade Runner-inspired Cybertruck

Ibukunoluwa Bankole by Ibukunoluwa Bankole
December 5, 2023
141 9
0
Tesla’s cheapest cyber truck will cost $60,990
465
SHARES
Share on FacebookShare on TwitterWhatsAppTelegram

Billionaire entrepreneur Elon Musk’s Tesla has officially presented the much-anticipated Cybertruck, overcoming a two-year saga of delays and production challenges.

The Blade Runner-inspired electric trucks were ceremoniously handed over to select customers during an event at Tesla’s Austin headquarters. Elon Musk personally delivered some of the vehicles, including one to Reddit co-founder Alexis Ohanian, in a live-streamed spectacle on X, Musk’s proprietary social media platform.

Read also: Elon Musk’s Starlink faces regulatory challenges with specific African countries 

Pricing Details and Configurations

The Cybertruck is offered in three configurations: rear-wheel drive, all-wheel drive, and the flamboyantly named Cyberbeast. However, reports reveal that the entry-level Cybertruck, which Musk had initially estimated at $39,900 in 2019, now comes with a starting price of $60,990. This figure, exceeding Musk’s earlier estimate by over 50%, has raised eyebrows in the industry. Notably, the most economical variant, a rear-wheel drive model with a 250-mile battery range, is slated for release in 2025, while delivery for pricier models, including the nearly $100,000 Cyberbeast, is expected next year.

RelatedPosts

Elon Musk purchases $1 billion shares in Tesla

Oracle’s co-founder, Larry Ellison, Overtakes Elon Musk as World’s Richest Person

xAI releases Grok 2.5 source code, giving developers access to its AI model

Industry Reactions and Elon Musk’s Defense

Gene Munster, Managing Partner at Deepwater Asset Management, expressed surprise at the higher-than-anticipated cost, emphasizing the need for Tesla to scale up production to address pricing concerns.

Munster acknowledged the challenges ahead, stating, “The reality is that the Cybertruck isn’t out yet.” Tesla’s foray into the competitive U.S. pickup truck market with the Cybertruck has garnered both enthusiasm and skepticism. Some critics, including analysts, have questioned the vehicle’s profitability, suggesting its potential cancellation.

Elon Musk defended the Cybertruck’s pricing, highlighting its utility and stating, “It’s an incredibly useful truck. It’s not just a grandstanding showpiece—like me.” Originally marketed with starting prices ranging from $39,900 to $69,900 in 2019, the current pricing landscape includes “probable savings” outlined on Tesla’s website. These savings incorporate federal tax credits and estimated gas savings over three years, bringing the estimated cost of the cheapest version to $49,890.

Power Ride Lotus Reveals Its First SUV, The Eletre

Cybertruck’s Unique Features and Performance Credentials

Elon Musk unveils Blade Runner-inspired Cyber Truck
Cyber Truck

The Cybertruck boasts impressive performance credentials, including a rapid acceleration of 2.6 seconds from 0 to 60 miles per hour, comparable to a Porsche 911 Turbo S. It also features a towing capacity of up to 11,000 pounds, surpassing both the battery-powered Ford F-150 Lightning and certain gas-fueled F-150 models. With a 17-inch ground clearance, it outstrips all versions of the F-150 and the electric Rivian R1T pickup.

Despite its unique features, the Cybertruck’s entry-level price places it several thousand dollars above the commercial-grade electric F-150, starting at $49,995, and the base retail model at $54,995. Elon Musk remains confident in the Cybertruck’s appeal, asserting that it caters to diverse buyer needs, combining style and utility. In Musk’s words, it is “a better truck than a truck while also being a better sports car than a sports car.”

Tags: Cyber TruckElon MuskTesla
Ibukunoluwa Bankole

Ibukunoluwa Bankole

No Result
View All Result

Quick Links

  • Tech News
  • Cryptocurrency
  • Fintech
  • Startups
  • Business

Follow Us:

  • facebook
  • instagram
  • Twitter(X)
  • Linkedin
  • YouTube
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 Techpression.com -Techpression Media Limited

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in .

No Result
View All Result
  • Home
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Reviews
    • How To
    • General News
  • Cryptocurrency
  • Business
  • Fintech
  • Startups
  • Featured
  • Ai
  • Tech TV

© 2025 Techpression.com -Techpression Media Limited

techpression.com
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

3rd Party Cookies

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.