Cybertruck Federal Tax Credit Incentives are official!

[bcharleson]

Great to see the potential for that. But obviously not going to work if they stick with the same pricing.

Tesla *could* software lock features to get the buying price down initially and have customers buy after the sale such as subscriptions, 0-60, increased tow, 4 wheel steering, etc. Not sure they would do such a thing but hopefully they just realize the potential faster and scale volume and reduce the price. Clearly there is demand!

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[Gurule92]

Great to see the potential for that. But obviously not going to work if they stick with the same pricing.

Tesla *could* software lock features to get the buying price down initially and have customers buy after the sale such as subscriptions, 0-60, increased tow, 4 wheel steering, etc. Not sure they would do such a thing but hopefully they just realize the potential faster and scale volume and reduce the price. Clearly there is demand!

I dont think they would do that, because the amount of non-takers would be staggering and theyd lose a bunch of money on every truck.

 

[geekwithout]

That's what I was wondering. After seeing the Cyberbeast on the list, looked for the Model S. Absent. Maybe Tesla is considering hefty Cybertruck/beast price drops sometime in 2024?

Why on earth would they do that with so many orders in already?

 

[George Costanza]

I’m going to sound like a broken record considering I started another thread on the “EST” confusion, to be (correctly) chastised for my unfounded hopium. Here goes anyway…

I think the Beast is on the list because its price is *estimated* to be $100K. Though I no longer believe that it would be reduced when the configurator opens, I can understand why it’s on the list. None of the other models have their true prices (ignore the fraudulent saving ones) as ESTimates, so it’s clear to me why the S isn’t on the list but the CT is.

 

[Crissa]

Blessing in disguise I guess that I don’t qualify for the tax credit so I don’t need to fret about what options I choose for my dual motor ?

If you don't qualify, why aren't you opting for the Cyberbeast?

-Crissa

 

[RayzorBEV]

The fact that they listed the Cyberbeast having the same price as the All-Wheel drive version should raise a red flag; most likely an error. This will be updated eventually ?

Updates: I was reminded that the price listed on the site is the max amount allowed to qualify, not what Tesla is pricing them. Great point.

 

[Fleetwood75]

If you don't qualify, why aren't you opting for the Cyberbeast?

-Crissa

The acceleration on the AWD is good enough for me, and it offers slightly more range. Feels like I’d be throwing away the extra $20k for a launch feature I’d hardly ever use

 

[samson]

lets break this down.

Cyberbeast selling MSRP $99,990.

lets remove FSD as an option. - $12,000, MSRP $87,990

lets remove Premium wheels and tire package - $5500(using Model X pricing structure), MSRP $82490

Lets remove power share home backup (software locked?) - $2500, Voila MSRP Cyberbeast $79990

 

[RayzorBEV]

lets break this down.

Cyberbeast selling MSRP $99,990.

lets remove FSD as an option. - $12,000, MSRP $87,990

lets remove Premium wheels and tire package - $5500(using Model X pricing structure), MSRP $82490

Lets remove power share home backup (software locked?) - $2500, Voila MSRP Cyberbeast $79990

But how do you account for it being listed the same price, at $80000, as the All-Wheel drive version

 

[Gurule92]

But how do you account for it being listed the same price, at $80000, as the All-Wheel drive version

It's not a listed price.

It's the price cutoff for qualifying (MSRP cutoff)

Basically, price not considered, this truck qualifies.

If it was under 80k, you'd get it.

 

[Mrp911]

lets break this down.

Cyberbeast selling MSRP $99,990.

lets remove FSD as an option. - $12,000, MSRP $87,990

lets remove Premium wheels and tire package - $5500(using Model X pricing structure), MSRP $82490

Lets remove power share home backup (software locked?) - $2500, Voila MSRP Cyberbeast $79990

You don’t get all those options for Cyberbeast MSRP $99,990. That’s the $20k Founders package.

Am I correct in thinking Founders AWD version does get the tax credit as $79,990 qualifies and optional equipment does not invalidate the tax credit by taking it above $80k?

 

[8BitFitNES]

You don’t get all those options for Cyberbeast MSRP $99,990. That’s the $20k Founders package.

Am I correct in thinking Founders AWD version does get the tax credit as $79,990 qualifies and optional equipment does not invalidate the tax credit by taking it above $80k?

I thought that might the case earlier just because Tesla cut the Y price severely to get it under the sedan threshold before they appealed and got the gov to qualify it as an SUV. Based on that I thought they might be doing something to allow even the Foundation AWD to still qualify since most of the expense of that package wouldn’t meet the physically attached criteria.

However I don’t think it does after watching the video someone posted on YouTube of their configuration options. The only thing reducing the price of the Foundation series AWD in the video was gas savings. If you go to place a preorder today it shows the tax credit and the gas savings for the AWD.

Most likely it fails due to there being an upgrade fee for going from all season to the all terrain tires as well as the cyber wheels. That alone will knock it out and we don’t fully know what a retail unit will come standard with. Based on the wording of some of the Foundation option descriptions it’s possible even the power share onboard will not be standard which then makes the $20k up charge not as premium as we may currently think.

 

[Gurule92]

You don’t get all those options for Cyberbeast MSRP $99,990. That’s the $20k Founders package.

Am I correct in thinking Founders AWD version does get the tax credit as $79,990 qualifies and optional equipment does not invalidate the tax credit by taking it above $80k?

Options that are attached to the vehicle I think is the line in the sand.

So software doesn't affect the tax credit.

 

[HaulingAss]

If the selling price of the Plaid can go from $130K+ to $90K, it's not inconceivable that the Cyberbeast can go from $100K to $80K after the initial demand is filled. Tesla can also play w/ the selling price by moving various functions to subscription basis, i.e. basic auto pilot, rear wheel steer, etc.

Autopilot already doesn't count towards the MSRP for purposes of the tax credit and rear steer will never be exempt, even if disabled via software, because it's a hardware item, physically attached to the vehicle. Disabling it with software doesn't change that.

 

[Gurule92]

Autopilot already doesn't count towards the MSRP for purposes of the tax credit and rear steer will never be exempt, even if disabled via software, because it's a hardware item, physically attached to the vehicle. Disabling it with software doesn't change that.

I think they meant, Tesla charges. A lower MSRP and disables those features.

Then you pay for them separately after purchase.

Which would allow you to get the credit because your MSRP was under the cap.

I don't see it happening but yea

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