Tesla has removed the rear-wheel drive Cybertruck model from its website, leaving only the all-wheel drive option starting at $72,490. The RWD model, priced at $69,990, lacked some features but boasted a 350-mile range. Tesla did not provide reasons for this change.

Cybertruck sales have dropped significantly, with only 4,306 units sold in Q2 of 2025, a 50% decline from the previous year. The looming end of federal tax credits is expected to further impact sales. This trend reflects challenges in the EV market, according to Cox Automotive.

In an effort to keep Elon Musk focused on Tesla, the board has offered him a pay package worth up to $1 trillion. Analysts believe this move will reassure investors about Musk’s commitment to the company. Musk’s leadership is seen as vital to Tesla’s success in the future.

Read more at Yahoo Finance: Tesla cancels most affordable Cybertruck just months after launch