Tesla Increases Price of Cybertruck Reservations [Update: Reversed]

cybertruck price increase

Tesla has updated its reservation policy for the highly anticipated Cybertruck, increasing the reservation fee to $250 USD, up from $100 USD (via @SawyerMerritt). This change reflects the company’s adjustment in strategy as it nears the Cybertruck delivery event pegged for this Thursday.

Prospective buyers looking to secure a Cybertruck are now required to pay a $250 fee, which Tesla emphasizes is fully refundable. This move comes as Tesla prepares to finalize configurations and commence production of the Cybertruck.

Tesla has streamlined the reservation process, offering options to order with Apple Pay or a credit card. Additionally, the company assures customers that their payment information will be securely saved for future transactions, in accordance with Tesla’s Payment Terms for Services.

cybertruck price increase

You can click here to reserve your Cybertruck and get in line…there’s an estimated well over 1 million pre-orders to date.

Update Nov. 27: Looks like Tesla has reversed the price increase and it’s back to $100 USD. Did someone pull the trigger early by mistake?