For those who are considering getting a Tesla Cybertruck, now is the best time to make your move. Tesla has applied discounts on its 2024 Cybertruck models with savings of up to $10550, making these vehicles easier to afford. The price cuts come as a response to the company’s struggle with profits recently taking a severe blow. Regardless of the reasons behind the price drop, it does provide buyers with an incredible opportunity to purchase one of the most sophisticated electric vehicles (EVs) on the market.
A Deal That is Unaffordable To Miss:
Incentives and Offerings
The 2024 counterpart does come with a price of $81,985, with higher trims like the Cyberbeast and Foundation Series costing $101,985 and $121,985, respectively. Because of the pricing policies set in place by Tesla, the base price gets a discount of $10550 off and $10,000 off the Foundation Series. These numbers would put the trike at staggering prices of $71,435 and $111,985. Furthermore, choosing the Foundation Series also means that you will get free lifetime access to Tesla’s Supercharging network.
Apart from the price reduction, other benefits are available to make the Cybertruck even cheaper:
Federal Tax Credit
The 2025 Cybertruck buyers are eligible for a $7,500 federal tax credit, which effectively puts the price at $69,990 after-tax rebates.
Business Tax Deduction
Business owners using the car for more than 50% of their business purposes can claim more than $31,300 in deductions available through Section 179.
State and Local Incentives
Numerous other states provide additional rebates and incentives for the purchase of electric vehicles, which lowers the price even more.
The Cybertruck:
Performance and Features You’ll Love
Tesla’s Cybertruck isn’t just another addition to their arsenal; it is a symbol. Its welcoming entry into life made the bulky yet futuristic design, paired with an aerodynamic profile, one of the most sought-after Tesla Cars. Besides its iconic look, Tesla also equipped the Cybertruck with 360-degree acoustic glass for a peaceful and cozy ride, as well as a five-star NHTSA safety rating for peace of mind.
When it comes to performance, the Cybertruck certainly does not disappoint. It is capable of dealing with harsh environments, cruising on highways, and off-road conditions; the various drive modes make it an all-terrain vehicle. Car lovers would surely appreciate the option to upgrade because the Full-Self Driving Mode facilitates unparalleled flexibility for drivers, therefore redefining the Tesla driving experience.
The Declining Trust of Investors:
What is Causing Tesla to Become Increasingly Discounted?
The popularity of Cybertruck, alongside the rising interest in electric vehicles, did not save Tesla from a staggering 71% profit decline for Q1 2025, along with a 9% revenue drop. Analysts speculate an industrial decline to be the result of a bit of everything, such as Tesla’s political promotion, changes in travel policies, and the constantly growing competition in the electric vehicle realm.
To counter this specific challenge, Tesla has adopted a strategy of cutting down prices, which targets a market overflowed by EV vehicles. Only time will tell if this aids Tesla in reclaiming its operating speed, especially with established manufacturers and new EV startups flooding the market.
Rivalry on the Recalled Tesla Cybertruck:
The competitors are picking up pace with Tesla Cybertruck and are expanding at an alarming rate. Tesla is likely to lose even more of the already dwindling market available to them, according to Cox Automotive. More than 1.3 million EVs were sold in the US for the year 2024, which signifies a 7.3% increase from the year before. This aggressive pricing from Tesla may seem appealing at the surface level. Still, the company desperately needs new innovations to regain an edge over its competition.
The company introduced better tire sensors to relieve some of the safety concerns regarding performance that consumers brought up. That being said, the company still stands at 46,000 Cybertrucks recalled. That makes this the eighth recall for the company in under two years.
Reasons Why Now is the Best Time to Buy Tesla Cybertruck
A spike in interest has recently emerged for the futuristic model, packed with multiple new offers and packages being thrown before consumers as incentives. The vehicles that clearly stand out with performance paired with the sleek, rugged, bold exterior are the 2024 Cybertrucks, especially with how reliant the consumers are on savings in this growing market of EVs.
There’s never been a better time to purchase one of the most popular EVs on the market, thanks to the discounts, tax credits, and added incentives. Just with everything else in life, don’t take too long to make the decision because these price cuts won’t last forever.
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Hey, I’m Badal! I’m super passionate about cars—especially electric ones. Whether it’s EVs, electric trucks, bikes, or anything with a battery and wheels, I’m all in. I love writing blogs that break things down for fellow enthusiasts and curious readers alike. Hope you enjoy the ride as much as I do!
