Tesla Ends Cybertruck Foundation Series

Tesla has officially concluded its Cybertruck Foundation Series, marking a significant shift in the electric pickup truck’s availability. The company’s website now showcases the base model Cybertruck, with all references to the Foundation Series removed from the order page.

The end of the Foundation Series brings a more accessible price point for Tesla’s futuristic truck. The All-Wheel Drive (AWD) variant now starts at $79,990, a considerable reduction from the previous entry price. While still positioned in the premium segment, this change opens up the Cybertruck to a broader market.

Key specifications for the base Cybertruck AWD include:

• EPA-estimated range: 325 miles
• Towing capacity: 11,000 pounds
• 0-60 mph acceleration: 4.1 seconds

For those seeking top performance, the tri-motor Cyberbeast trim offers:

• EPA-estimated range: 301 miles
• Towing capacity: 11,000 pounds
• 0-60 mph acceleration: 2.6 seconds

The Foundation Series, which began deliveries in late November 2023, had an impressive run of nearly 11 months. This success is noteworthy, considering buyers were aware that a more affordable version would eventually become available.

While Tesla doesn’t disclose detailed sales figures, Kelley Blue Book’s EV Sales Report for Q3 2024 provides some insight:

• Total Cybertrucks sold from January to September 2024: 28,250
• Q3 2024 sales: 16,692
• Ranking: 3rd best-selling EV in the U.S. for Q3 2024

With the Foundation Series concluded and the base model now available for direct orders, the true test of the Cybertruck’s market appeal begins. Despite skeptics claiming Tesla has exhausted pre-orders and faces demand issues, such conclusions may be premature. The lower entry price could potentially attract a new wave of customers, making the coming months crucial for gauging the Cybertruck’s long-term success in the competitive electric vehicle market.