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Last Update:
November 09, 2024
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Tesla to lease Cybertruck starting at USD 999/month

The Cybertruck has become Tesla's third best-selling EV in the US, trailing behind the Model Y and Model 3.

Tesla is now offering the option to lease its polarising Cybertruck, with prices starting at USD 999 a month.

That monthly payment is available to US consumers who put USD 7,500 down toward leasing an all-wheel drive version of the electric pickup for three years, Tesla's website shows. Lessees must pay as much as USD 1,715 a month, with zero down, to lease a Cyberbeast iteration of the model for two years.

Tesla began offering the option to lease after working through much of its backlog of Cybertruck orders. Initial versions of the truck cost more than USD 100,000, a far cry from the USD 39,900 starting price that Chief Executive Officer Elon Musk touted when first unveiling a prototype of the pickup in 2019.

While the Cybertruck ranks well behind the Model Y sport utility vehicle and Model 3 sedan, Tesla told investors last month that it was the third best-selling EV in the US last quarter. Bloomberg