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Tesla (NASDAQ:TSLA) has introduced a new long-range version of its highly anticipated Cybertruck in the U.S., priced at $69,990. According to Tesla’s official website, this model is now the most affordable option among the three Cybertruck variants currently available in the country.
The electric vehicle (EV) giant continues to expand its product line amid growing competition in the EV market. The new Cybertruck variant aims to attract buyers seeking a balance between performance, range, and affordability in the electric pickup segment.
Tesla’s Cybertruck lineup has been a topic of intense interest since its initial unveiling, with demand fueled by its futuristic design, high durability, and off-road capabilities. By launching a more competitively priced long-range model, Tesla is positioning itself to appeal to a broader market segment while maintaining strong brand momentum.
While the company hasn’t disclosed full specifications for this variant, it's expected to deliver an impressive range and performance that aligns with Tesla’s engineering standards. The move reflects CEO Elon Musk’s strategy to diversify offerings and capture more market share as legacy automakers race to electrify their fleets.
The Cybertruck plays a critical role in Tesla's North American strategy, where pickup trucks dominate vehicle sales. By offering a more affordable option, Tesla is aiming to win over both tech-savvy consumers and traditional truck buyers transitioning to electric vehicles.
Tesla shares (TSLA) remained stable following the announcement, with investors eyeing the company’s broader EV roadmap and production capabilities.
As competition intensifies in the EV space, Tesla’s pricing strategy and product innovation remain key to maintaining its market leadership. The new Cybertruck long-range model reinforces the company’s commitment to affordability, performance, and cutting-edge design in the electric truck category.
