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  • Tesla raised two Cybertruck trims by $5,000 each in the US this week, effective immediately.
  • The base Dual Motor now starts at $74,990 and the Premium All-Wheel Drive at $84,990, while the Cyberbeast holds at $99,990.
  • Cox Automotive estimates US Cybertruck sales fell 32.2% in the first half of 2026 to 7,263 units.
  • A Morningstar analyst says Tesla is positioning the truck as a lower-volume luxury vehicle rather than a mass-market pickup.

The move to push the Tesla Cybertruck into the luxury segment arrived this week as a price increase, not the discount a slow-selling product usually gets. On Tuesday, Tesla lifted the sticker price of two trims by $5,000 each. The base Dual Motor now starts at $74,990, up from $69,990. Premium All-Wheel Drive rose to $84,990 from $79,990. The Cyberbeast held at $99,990. Tesla made the change without an announcement, and new numbers simply appeared on the order page.

A Tesla Cybertruck price increase against falling sales

That Tesla Cybertruck price increase runs against the direction sales have taken. Cox Automotive estimates Tesla sold 7,263 Cybertrucks in the US during the first half of 2026, down 32.2% from the same period a year earlier. Tesla does not report Cybertruck deliveries on its own, so third-party counts fill the gap. The figure sits far below the 250,000 annual deliveries CEO Elon Musk once said the truck could reach.

Pushing the Tesla Cybertruck into the luxury segment

Seth Goldstein, a Morningstar analyst, said the higher prices could help Tesla offset rising material costs and protect its margins as it plans for lower volumes. Rather than chase mass-market numbers, Goldstein said the company looks ready to keep the truck as a lower-volume luxury vehicle whose odd design can command a premium. Moving the Tesla Cybertruck into the luxury segment fits a wider shift at the automaker. Earlier this year, Tesla ended production of the Model S sedan and the Model X SUV, its two established premium cars. Their exit left a gap at the top of the range. The pickup now carries that premium role, priced for buyers who want something rare rather than cheap.

The Cybertruck Dual Motor price tells part of the story. That base trim launched in February 2026 at $59,990 as a short promotion, then climbed to $69,990, and now sits at $74,990. Its path adds $15,000 in roughly six months for the same vehicle. Buyers have learned to read any Tesla figure as temporary. This Cybertruck price hike also stands out because the Cyberbeast avoided it. The Cybertruck Cyberbeast price stayed at $99,990, at least for now.

Where Tesla Cybertruck sales 2026 stand

Tesla Cybertruck sales in 2026 have run below the company’s early hopes. Most electric pickups have slipped this year, with the Chevrolet Silverado EV down by a similar share near 32.5%, while the GMC Sierra EV managed a small gain. Pricing that shifts from week to week gives fleet buyers little reason to commit. Resale value adds to the caution, since early Foundation Series trucks that once resold above $150,000 now trade for far less. Steering the Tesla Cybertruck into the luxury segment accepts these limits. Tesla looks content to sell fewer trucks at higher margins rather than fight for volume it may not win.

A lineup sorted by margin

The pattern points to a company ranking its models by profit. Optimus robots and the Cybercab robotaxi now sit at the center of Tesla’s plans, and the pickup no longer needs to move in large numbers to hold its place. A higher price on a slower seller reads as a deliberate call about where the Cybertruck belongs.

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Pre-approved home financing in Dubai

Pre-approved home financing in Dubai picked up a new route this month for anyone eyeing an Ellington Properties home. The boutique developer has partnered with Abu Dhabi Commercial Bank to offer financing that follows a buyer from reservation through handover, whether the unit is still under construction or ready to move into today.

Instead of applying for a mortgage after signing a sales agreement, an eligible buyer secures approval first. That approval travels with them through the milestone payments, construction updates and eventual handover that come with buying property in Dubai. Simple, in theory.

This is not an isolated move. ADCB struck a similar arrangement with Emaar Development in July, bundling mortgage approval directly into that developer’s off-plan sales process. Pairing with Ellington extends the same model to a second major Dubai developer, and signals a bank betting that pre-approved home financing in Dubai will keep pulling buyers toward developments where the paperwork is already half done.

Business Intelligence & News

  • UAE passport ranks first globally in 2026, recording a Mobility Score of 182 and worldwide access of 91.9 percent, per Passport Reports’ September ranking.
  • The score covers 128 visa-free destinations, 44 visa-on-arrival or simplified-entry destinations, and 10 reachable through an eTA.
  • Europe, the Gulf, and the Middle East each show 100 percent overall access for UAE passport holders.
  • Only 16 destinations remain visa-required, and the UAE itself ranks 91st out of 199 for inbound travel.

How pre-approved home financing in Dubai works

Under the arrangement, ADCB and Ellington Properties Dubai buyers share a single digital application built for both off-plan and completed units. A dedicated relationship manager stays attached to the file from start to finish. Buyers are not shuffled between departments every time a payment milestone lands.

Off-plan purchases follow a specific structure. Eligible buyers can secure pre-approved financing covering up to 50% of a property’s value. That approval holds for 12 months and renews annually until the keys change hands. Dubai mortgage pre-approval usually means reapplying as construction milestones pass. This structure compresses that into one approval that carries a buyer through, year after year, until the building is complete. Construction timelines can stretch, and a tower meant to top out in 18 months sometimes takes 24. Annual renewal means a buyer’s financing plan does not lapse simply because a project runs long.

What the rates mean for buyers

Rate uncertainty is the usual complaint with early financing offers, since many are pegged to benchmarks that shift with the market. ADCB home loan rates on this program start at 3.49% per annum, fixed for three years. The bank is also waiving processing and valuation fees for a limited time, trimming the upfront cost of getting approved before construction even begins.

Three years of fixed pricing is a meaningful stretch in Dubai real estate financing. Buyers juggling handover payments alongside rent, or an existing mortgage, gain one less variable to plan around. A rate locked at signing does not move if the market tightens later.

A wider shift in Dubai property lending

Developers and banks across Dubai have leaned into bundled financing through 2026, pairing sales offices with in-house mortgage desks rather than leaving buyers to shop separately. The logic is consistent across these tie-ups. Get buyers pre-approved early, then keep them financed through a construction cycle that can run several years.

Ellington Properties, founded in Dubai in 2014, has built its reputation on design-led residential projects across Jumeirah Village Circle, Downtown Dubai and Palm Jumeirah. Linking that portfolio to ADCB’s mortgage arm gives the bank a direct channel into an active off-plan pipeline. It gives Ellington a financing partner its buyers can lean on instead of shopping the open market for a separate lender.

Pre-approved home financing in Dubai used to feel like a separate errand from choosing a unit. Off-plan property financing in Dubai buyers once treated as a background task, now sits inside the same conversation as picking a floor plan. For anyone weighing a reservation on an Ellington unit, the practical move is to ask about pre-approval before signing anything. A rate locked today, at 3.49% for three years, could look considerably better than whatever the market offers by the time a project reaches handover.

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