EVs: Tesla Cybertruck 'would be lucky' to keep price at $75,000, MotorTrend CEO says

Electric vehicles (EVs) have been gaining popularity among drivers in recent years, and Tesla is one of the leaders in producing EVs that are sleek, environmentally-friendly, and high performing. The Tesla Cybertruck has generated a lot of interest since its unveiling in 2019, and now MotorTrend CEO Ed Loh has expressed doubts that the Cybertruck will be priced at $75,000 or less, stating that Tesla “would be lucky” to keep the price that low.

Loh’s comments were made during a recent appearance on the podcast “Ride the Lightning” hosted by Tesla enthusiast Ryan McCaffrey. During the interview, Loh explained that the cost of materials, such as the truck’s stainless steel exoskeleton, would make it difficult to keep the price point as low as initially advertised. In addition, Loh noted that the Cybertruck’s technology and features would also contribute to a higher price.

While this news may disappoint some Tesla fans who were hoping for a more affordable EV option, it highlights the challenges companies face in producing and selling electric vehicles. As the demand for these cars increases, the cost of production and materials must be factored in, making it difficult to keep prices low.

Overall, the success of EVs like the Cybertruck is important for reducing dependence on fossil fuels and creating a more sustainable future. However, it’s also important for consumers to be aware of the costs associated with producing and buying these cars. As we continue to evolve towards a more environmentally-friendly society, balancing cost and sustainability will remain a key consideration for both car manufacturers and consumers alike.