Tesla Cybertruck price jumps $5,000 in the US as Elon Musk’s electric pickup faces weaker-than-expected de

The price of the Tesla Cybertruck has increased by $5,000 in the United States, a move that coincides with reports of slower-than-anticipated demand for the electric pickup. This adjustment marks a significant shift in the vehicle's initial pricing strategy, which had been announced years prior to its market launch.

The Cybertruck, known for its distinctive stainless-steel exoskeleton and angular design, has been a highly anticipated but also controversial product for Tesla. The recent price hike, coupled with potentially softer sales, raises questions about the production ramp-up and the broader market reception of the vehicle, which entered production relatively late after its initial unveiling in 2019.