Investing.com -- The Tesla (NASDAQ:TSLA) Cybertruck is now eligible for a $7,500 federal tax credit in the United States, effectively lowering the starting price to $72,490 for eligible buyers. This incentive is applicable to the 2025 AWD model of the electric vehicle.
Including the $1,000 military discount, the price decreases to $70,490.
In addition, Tesla has extended the availability of the Non-Foundation Series Cybertruck to Canada and Mexico.
Meanwhile, in Canada, the price for the Foundation Series Cyberbeast has seen an increase. The starting price has risen by up to 11.5%, and it now starts at $181,990 CAD.
The announcement has sparked discussions on the vehicle's improved affordability and potential surge in demand. Many individuals are sharing referral links that could further decrease the cost.
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