---
title: "The $40,000 Cybertruck is Officially Dead"
description: "Elon Musk has a spot of bad news for his Tesla fanboys: Cybertrucks are going to end up costing more than the forty large they were promised."
date: "2022-08-05"
modified: "2022-08-05"
authors:
  - name: "Noor Al-Sibai"
    job_title: "Senior Staff Writer"
    link: "https://futurism.com/authors/nooralsibai"
url: "https://futurism.com/the-byte/cybertruck-cost-elon-apologizes"
categories:
  - "Advanced Transport"
tags:
  - "cybertruck"
  - "elon musk"
  - "tesla"
  - "the digest"
---

# The $40,000 Cybertruck is Officially Dead

![](<https://futurism.com/wp-content/uploads/2022/08/tesla-cybertruck-more-expensive.jpg>)
*\<em\>Image: Tesla/Futurism\</em\>*

## Oopsie

Elon Musk has a spot of bad news for his Tesla fanboys: Cybertrucks are going to end up costing more than the $40K price-point they were promised.

"I hate to sort of give a little bit of bad news," Musk told the enthusiastic crowd at [Tesla's 2022 shareholder meeting](<https://www.youtube.com/watch?v=pnXy8c0GOpE>) this week after announcing that the long-awaited truck's "specs and pricing will be different" from the $39,900 he promised three years ago.

## Ch-ch-changes

Not only will the trucks cost more — and Musk didn't specify the new price — but they might also take another year to ship, per the Tesla CEO.

"A lot has changed" since 2019, Musk said, referencing the year he first announced the Cybertruck and began taking $99 reservations for the [motorized trapezoids](<https://futurism.com/the-byte/cybertruck-wind-resistance>).

"I think there's no way to have sort of anticipated quite the inflation that we've seen," he continued. "But what I can say is that the Cybertruck will be one helluva product. It's going to be like a damn fine machine."

Musk added that Tesla is purportedly "installing the production equipment, the tooling and all starting in the next couple of months" on its reserved Cybertrucks. We'll believe it when we see it — given that, thus far**,** [everything we've seen](<https://futurism.com/the-byte/cybertruck-prototype-mocked-for-looking-extremely-janky>) and [heard about the truck](<https://futurism.com/the-byte/tesla-cybertruck-delay-2023>) absolutely does not seem like it's ready to roll.

**READ MORE:** [Elon Musk Has Bad News About Tesla's Cybertruck](<https://www.thestreet.com/investing/elon-musk-has-bad-news-about-teslas-cybertruck>) \[*TheStreet*\]

**More from the Tesla shareholders meeting:** *[Concerned Shareholders Heckled While Addressing Tesla Ethics](<https://futurism.com/the-byte/concerned-shareholders-heckled-tesla-ethics>)*

## Author
At Futurism, I've often been drawn to unpacking the narratives that underlie technological, scientific and medical progress, with a special interest in areas of conflict and ambiguity that end up setting agendas and steering the fates of both elites and the hoi polloi. I'm a committed generalist, but I often find myself returning to work involving NASA and the private space sector, the effects of AI on media and society, and the mechanics of the pharmaceutical industry, with a specific focus on the spread of GLP-1 drugs like Ozempic and Wegovy. Prior to Futurism, I worked for publications ranging from Media Matters and Truthdig to Raw Story and Bustle. I'm also the author of "Myspace Scene Queens," a 2024 title in Instar Books' acclaimed "Remember the Internet" series. My work at Futurism has been cited by outlets including the New Yorker, Slate, Nieman Lab, the Verge, the MIT Technology Review, the Sunday Times, and the Daily Beast. I grew up in North Carolina, attended the University of North Carolina at Asheville, and now live in Brooklyn, New York. In my free time, I'm an avid reader and music fan; you can probably find me at a local poetry reading, concert, underground rave, or DJ set. I'm the proud parent of an ineffable orange cat named Mee-Mow.

### Author social links  
[Bluesky](<https://bsky.app/profile/noorfromfuturism.bsky.social>)