Tesla significantly reduces Cybertruck lease price and includes a complimentary wrap.

Tesla Cybertruck Lease Updates: What You Need to Know

In recent news, Tesla has made some significant changes to the leasing options for its much-anticipated Cybertruck. Here’s what you should know about the current leasing prices, the history surrounding these options, and some noteworthy features of the Cybertruck.

Current Lease Pricing

As of now, Tesla has reduced the lease price for the base All-Wheel Drive (AWD) version of the Cybertruck to $749 per month. This is the same model that features core wheels and a tactical grey interior from Tesla’s existing inventory. If you’re interested in leasing the more premium Cyberbeast version, leases start at $1,000 per month.

Both leasing options require an initial payment of $7,500 and they are structured as 36-month leases with a mileage limit of 10,000 miles per year.

A Brief History of Cybertruck Leasing

When Tesla first introduced leasing for the Cybertruck in November 2024, the price for the base AWD model was set at $999 per month. However, by December, the monthly lease price was reduced to $899, and the Cyberbeast leasing option was introduced at $999 per month. This recent increase of just one dollar for the Cyberbeast lease has left many wondering about the reasoning behind the price change.

Exclusive Features of Foundation Series Cybertrucks

The initial run of the Cybertruck, known as the Foundation Series, includes some unique perks. The first 1,000 units produced come with a hefty $20,000 markup and feature special "Foundation Series" laser-etched badging, unique cabin graphics, a bespoke white interior, and all-weather liners.

Despite these features, Tesla has struggled to sell these special edition vehicles. Reports indicate that the company has been removing the “Foundation Series” etching from some trucks in a bid to sell them as regular models. In an effort to attract buyers, Tesla is now offering a free vinyl wrap for unsold Foundation Series units, which is said to be valued at approximately $6,000. To take advantage of this offer, customers must purchase a Foundation Series vehicle by March 31 and redeem the vinyl wrap voucher by June 30 of this year.

Tesla’s Sales Dilemma

The ongoing decrease in lease prices for the Cybertruck could be interpreted as a strategy to sell off the existing inventory. While you may have spotted Cybertrucks on the road, they have not been flying off the shelves. There is a notable concern for Tesla, as 1,000 Foundation Series Cybertrucks still remain unsold. Typically, limited-edition models like these are highly sought after, making it unusual for such stock to be available.

Last year, Tesla reportedly sold around 30,000 Cybertrucks, and expectations for 2025 are even higher—with estimates suggesting sales could surpass 100,000 units. Despite these optimistic projections, the sluggish sales of the Foundation Series indicate that there may be underlying issues with the vehicle’s appeal.

Final Thoughts

In a recent earnings call, Tesla CEO Elon Musk made no mention of the Cybertruck, which some interpret as a sign of concerns over its sales performance. If the vehicle were performing well, it seems likely that Musk would want to highlight it.

The Cybertruck has stirred its share of controversy and has become a topic of discussion in various political debates, leading to the emergence of several unflattering nicknames. This situation has sparked conversations about whether Tesla’s focus on innovative design may have overshadowed the importance of building a truck that effectively meets consumer needs.

As the situation continues to unfold, many are watching closely to see how Tesla addresses the challenges surrounding the Cybertruck and whether additional adjustments to pricing or features will be made in the future.

Conclusion

The Tesla Cybertruck represents a fresh take on electric vehicles, blending unique aesthetics with advanced technology. However, given the current lease pricing, its sales history, and ongoing consumer reactions, the future of the Cybertruck remains to be seen. If the company can successfully address these reservations, the Cybertruck might still have a bright path ahead.

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