Tesla Slashes Cybertruck Entry Price: New AWD Model Debuts at $59,990 with $699 Lease
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Tesla has officially shaken up the electric pickup market this week (February 20, 2026), introducing a more affordable trim and aggressive financing options. The headline news? A new Dual Motor All-Wheel Drive variant starting under $60k, making the Cybertruck a direct threat to mainstream gas and electric rivals alike.
The New Standard: AWD for $59,990
To achieve this new price point, Tesla has streamlined the Cybertruck’s hardware. While it retains its iconic stainless-steel exoskeleton, several premium features have been adjusted:
- Suspension: The sophisticated air suspension has been replaced by coil springs with adaptive dampers.
- Wheels: Now comes standard with 18-inch wheels (down from 20-inch), offering a beefier look and better off-road cushioning.
- Interior & Utility: The cabin features a simplified audio system and omits the rear passenger screen. Towing capacity is rated at 7,500 lbs, compared to the 11,000 lbs found on higher trims.
Performance Specs:
- Range: 325 miles
- 0–60 mph: 4.1 seconds
- Drivetrain: Dual Motor AWD
Financing the Future: Lease, Loan, or Cash?
For American buyers, the new leasing structures are the most compelling part of this update. Here is the breakdown of the official February 2026 pricing for the Dual Motor AWD ($59,990).
1. Leasing (The Most Popular Path)
Tesla is pushing leasing hard, with a $5,000 down payment across all terms. The “Due at Delivery” amount includes the first month’s payment and acquisition fees (approx. $6,395 – $6,542).
| Term | Annual Mileage | Monthly Payment |
|---|---|---|
| 36 Months | 10,000 miles | $699 |
| 36 Months | 12,000 miles | $715 |
| 36 Months | 15,000 miles | $730 |
| 24 Months | 10,000 miles | $800 |
| 24 Months | 15,000 miles | $847 |
2. Financing (Loan)
For those looking to own, Tesla offers a 3.99% APR for 60 months (for qualified buyers). With $5,000 down, the monthly payment comes in at approximately $1,020.
3. Cash Purchase
- MSRP: $59,990
- Estimated Out-the-Door Price: Between $66,000 and $68,000 once destination fees and state-specific taxes are applied.
Cyberbeast Gets a $15k Price Cut
The flagship Cyberbeast also saw a massive price correction, dropping from $114,990 to $99,990. Note that the previously included “Luxe Package” (which bundled free Supercharging and FSD) is now an optional add-on to keep the base MSRP below the six-figure mark.
Final Thought
With a $699/month lease, the Cybertruck is no longer just a “halo car” for tech enthusiasts. It is now positioned as a practical, financially competitive alternative for the average American truck buyer.
Professional Service & Collision Repair in Southern California Should your Cybertruck require professional maintenance or collision repair, you can always rely on our specialized Tesla Collision Centers in the Los Angeles area. Our expert technicians are ready to assist you at our Cypress location (5556 Corporate Ave — (657) 222-4020) or our Irvine facility (1225 E Wakeham Ave — (657) 202-44-22). We guarantee all repairs meet factory safety standards using 100% original parts.
Importing to Ukraine If you are looking to import a new Cybertruck or any other electric vehicle to Ukraine, our dedicated Ukrainian branch offers a full suite of sourcing, purchasing, and logistics services. You can explore available inventory and get expert consultation on the import process at https://tsk.ua/.
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