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The Dream of a Sub-$40,000 Tesla Cybertruck Is Dead

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During the Tesla annual meeting of stockholders(Opens in a new window) held yesterday, Elon Musk confirmed that the Cybertruck will no longer carry a base price of $39,900.

As part of the meeting held in front of a live audience, Musk answered a number of questions posed by shareholders(Opens in a new window).

One of those asked if the original Cybertruck pricing would be "grandfathered" for those who already placed an order. Musk confirmed it would not, while reminding everyone a reservation only cost $99 back in 2019.

He then went on to say, "It was unveiled in 2019 ... a lot has changed since then, so the specs and the pricing will be different.

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