Tesla’s Bold Pickup Truck To Cost Under $49,000 Undercutting Rivian R1T By $20K

Tesla chief executive Elon Musk has revealed that the company’s upcoming all-electric pickup truck will cost less than $50,000.

“You should be able to buy a really great truck for $49k or less,” Musk said during a podcast with Tesla enthusiast Ryan McCaffrey.

To put that into perspective, the forthcoming Rivian R1T pickup is set to start at $69,000, a significant premium over the Tesla. For what it’s worth, the Rivian will be marketed and sold as a premium pickup truck loaded with features but it remains to be seen how basic, or premium, the Tesla pickup will be.

Also Read: We’d Love To See Tesla’s “Blade Runner” Pickup Look Like This

What we do know is that the Tesla will be big and come loaded with technologies. Tesla once teased its pickup as being so massive that it could fit a Ford F-150 in its bed, but the production vehicle isn’t expected to be that big. It will have six seats, 400-500 miles (643 km – 804 km) of range, come with a potent dual-motor powertrain, and offer up to 300,000 lbs (136,077 kg) of towing capacity.

Musk has made no secret of the fact that he is very excited about the company’s upcoming pickup truck and late last year, said he wasn’t even bothered if only a small number of people purchase it.

“I’m personally super-excited by this pickup truck. It’s something I’ve been wanting to make for a long time. And I’ve been iterating sort of designs with Franz… It’s like I really wanted something that’s like super-futuristic cyberpunk,” he said.

The Tesla pickup truck will be unveiled in prototype guise before the end of the year.

more photos...

Renderings via Emre Husmen

  • disqus_6AHa0ycWUI

    It will look nothing like this, so you know…stop posting these ugly renditions

  • Kevin Cagle

    Considering the Model 3 was promised to start about 5-7k less than it originally started, expect this to be well over 50k.

    • Smith

      More like $50,000 more than Elon is quoting.

  • Mr. EP9

    I’ll take the one with the better build quality.

    • Jason Miller

      I mean nether are available for purchase yet, not sure how you come to that conclusion.

      • TED Schmitt

        He didn’t anything about which one had better build quality. Although I would say that given Tesla’s track record, a conclusion is simple extrapolation.

        • Jason Miller

          And yet they still sell a a crap load of them.

          • GS27

            Yup, and Apple sell a lot of Macbooks even though they have one of the most poorly designed keyboards in the history of computers. If you haven’t noticed, most consumers are really stupid and are attracted to logos that carry social status.

      • Smith

        And neither ever will get to production, not real production.

    • Smith

      You mean a Ford F150, it has a better build quality than either of these ‘new’ trucks and it’s the worst build vehicle on the road today.

  • SPEEDY

    Pub grabs daily with Tesla … Anything to help distract from the goings on

  • Honda NSX-R

    There’s no way it’ll be towing 300,000 lbs

    • JqC

      Why aren’t you ‘rooting’ for electric? Why must someone lose? Why is it always a zero sum game with you people?

      • Honda NSX-R

        Dude Rivians are electric…

      • helloWorld

        people have grown tired of musk’s antics

  • PhantomCorsair

    136,000kg of towing capacity – really? That’s 130 tons, or almost four of your American ‘big rigs’.
    Is this one of those stunt statistics, like when a V10 VW Touareg pulled a Jumbo Jet a few feet?

    • lagunas3ca

      136,000kg is closer to 150 US tons, or 1 Amy Schumer.

    • Smith

      Wait, you mean the MiniEV pulling a Jumbo, wait you mean … just more BS from Mr. Elon BS Musk. Sounds like a cheap aftershave!

    • Jason Miller

      My guess is that those numbers are misinterpreted somehow.

  • IF I WERE TESLA I’D LEAVE THE TRUCK SEGMENT TO RIVIAN.

    • Smith

      You mean Ford. It is only a matter of time and then it will be another F150. They will never get the truck to mass production and $70,000 is a limited market, Rivian or Ford Raptor?

  • cbATL

    This makes my “front” feel funny!!!

  • Kash

    is this anything like the $35k starting price for the Model 3?

    • Smith

      Exactly the same, and the SEC just lets him continue his stock manipulation Ponzi

      • Jason Miller

        Oh please, GTFO with that.

        • helloWorld

          he is manipulating the stock. those bonds are based on certain stock price targets. can’t meet them, tesla has to pay the bond in full. by hey, keep drinking the kool-aid

        • GS27

          Smith is right, Tesla is a full-bore ponzi scheme and will go down as one of the greats in the coming years. At best they are a carbon tax trading company who *kind of* make cars on the side.

    • James Denz

      My neighbor bought a base a model 3 for $35,000.00. They exist.

      • Kash

        Didn’t say they didn’t exist, the few that are out there. My comment was more about how Tesla kept talking about it, took forever to deliver on it and make it available for order then they weren’t even available for very long. Tesla talked about the <35k Model 3 for 3 or 4 times longer than they actually offered it. Right now the base price for a Model 3 is $39,900. Tesla will spend more time hyping a product than they will actually selling it and chances are this bold claim about their pickup will probably be the same. They're talking about undercutting the price of a vehicle that isn't on the market yet with a vehicle they've only shown some quick napkin sketches of. Rivian at least has been testing mules under F150 bodies on the roads and shown concepts.

  • TED Schmitt

    I would gladly pay $20K more for the Rivian.

    • Smith

      I would gladly pay $20,000 less for a Toyota Tundra with unlimited range and a 10 minute refuse to full tank.

      • I refuse to “full tank” if it has unlimited range

      • James Denz

        Unlimited range? Nothing has that.

  • Smith

    Let’s not kid ourselves or be fooled again by Elon, the $49,000 Tesla pick-up will have no interior and 2 wheel drive and a range of 50 miles and will never be available. The ones that people who are stupid enough to buy a Tesla pick up, will want will cost $75,000 to $100,000. Tesla has already proven they cannot build the $35,000 Model 3 without laying everyone off and making massive compromises on the vehicle, and that is with loosing $720 million per quarter. So good luck believing his stories, and actually Elon said “You should be able to buy a really great truck for $49k or less,” he did not say the really great equipped Tesla pick up truck would be priced at $49,000, just that it should.

    • Finkployd

      Tesla has the model S, model X, model 3, model Y very soon, they’re opening factories here and there, they’re working on the next model S, the semi, the pickup, the next roadster, that costs money!
      It’s no wonder they’re losing some when they keep investing like crazy.
      Honestly I think they’re doing an amazing work

      • Jason Miller

        Investing a lot up front to be successful in the long run.

      • GS27

        If Tesla were a legit car company, they would have focused on perfecting one or two models. Throughout its history, the company has financed its operations by announcing a new product (originally the roadster, then the Model S, the Model X, the Model 3, the Semi, the roadster 2, and now the Model Y, the pickup, as well as the vaporware full self-driving package) and then taking deposits for the product before it has ever designed a production system for the product. The company then spends the deposits on operating expenses and the capital expenses to manufacture the original product. When the company is close to running out of funds, the company announces a new product and takes deposits on it in order to finish the production of the first product.

        This is not how a real car company works. This is not how ANY business works or remains in existence.

  • GS27

    How’s that semi coming along, Elon? Tesla can barely afford to produce what they already have released, and they are selling all of the carbon tax credits they can to GM and Fiat; which is their ONLY source of income.

    • GS27

      Also, “and offer up to 300,000 lbs (136,077 kg) of towing capacity”

      Typical Musk BS amplified by one million. Jesus Christ. A semi is only allowed to haul 80,000 pounds in the US. The idea of a relatively small vehicle being able to haul this much is absurd, and if possible then why are they also working on a semi when supposedly their pickup could do the job of a big rig? I hope this truck is actually released because in typical Musk fashion he will under deliver on promises, and the truck will probably have a 10,000 pound towing capacity, and I’m sure he will have a doozie of an excuse for the massive number drop such as “we realized people rarely ever tow anything over 5,000 pounds and we reduced the towing capacity in order to save weight and allow for more battery range”.

      • Jason Miller

        My guess is that those numbers were goofed somehow. But instead of saying “that can’t be right, can it?” we just jump all over Elon because it’s fun.

        • GS27

          They’re not, he also claimed this last year when on Twitter he talked about building a truck.

  • illogicalPotato

    I’m sure Tesla wouldn’t be happy you posting news articles of a truck that hasn’t been released yet with some student renders. I’m sure there is some legal liability you guys are crossing here with some false journalism

    • Rocket

      Renderings are as common as the rumors on which they’re based. After all these years it’s unlikely there are legal issues. Besides, it’s free publicity for Tesla. It’s the reason Elon never shuts up. The more he talks, the more press he gets. Tomorrow he might have a plan to create a tunnel from the US to Australia.

    • Jason Miller

      Not really, no.

  • Bikie Wright
  • Merc1

    That creation above is smoking HOTT. Goodness.

    M

  • I’ll pay for a truck that exist.

  • no25

    the renders dont even look good…why are they always posted?

  • SteersUright

    Yeah right. If it undercuts the Rivian by that much it’ll only be for some lame base model and won’t look anything like those renderings. I do love those renderings though, like a sports car with tons of ground clearance, it looks like a movie prop.

  • Get out

    Electric crap, scam like bitcoin.

  • Get out

    Pickup with a two foot bed? Looks like a video game truck.

  • JqC

    For those of you confusing the renderings with the pickup, please stand corrected. These renderings are by an independent individual who was imagining his take on a Tesla Pickup based upon the the design language (as he sees it) of the Model S and X. The real ‘Model P’ will look nothing like these renderings. The teaser is clear on that. I suspect a lot of you will like it less than the above render.

    • Fredrik

      The above looks like a concept toyota or something, Tesla’s team can do better

  • helloWorld

    so like the 35k tesla, it’s going to be vaporware as well?

  • Like all of Tesla’s hype…this is Vapor-pricing.

  • Paulbe

    Looks useless as a working truck.

    • ChicagoBlah

      Most trucks on the road wont haul anything more than groceries

      • Merc1

        You clearly have never been to Dallas.

        M

        • ChicagoBlah

          The land of 30,000 dollar millionaires? I saw more lift kits than anything else

  • Smith

    This headline is very misleading because nowhere in the interview did Elon say that, he actually said “You should be able to buy a really great truck for $49k or less,” he did not say that a well equipped Tesla pick up truck would be priced at $49,000, just that it should.

  • Bash

    That’s the price for media only, no one will be able to buy one at that price, the trick is-unless they put a 50miles Range battery.

  • Blue Gum

    By 2021 battery prices at the gigafactory will be much lower than now, and the Maxwell improved version with longer range and endurance.
    49k will be easy.

  • Thats_Disqus_ing

    Tesla’s Bold Pickup Truck To Cost Under $49,000 Undercutting Rivian R1T By $20K

    Well, it’s not surprising to see a headline stretching the truth. By the time Tesla launches their pickup they will no longer qualify for any US tax credit, where as Rivian will qualify for the the full $7500 tax credit. So that’s a $12.5k difference. However, even that means absolutely nothing.

    Comparing the Tesla pickup to the Rivian R1T, or any other pickup for that matter, is complete folly. All we know from Tesla at this time is a year old, absurd rendering of gigantic pickup that has a normal size pickup in its bed (yea, like that will fit in an average sized, residential garage) and the base starting price. And we all know what happens to Tesla’s base starting price ala the Model 3. So does it make sense to compare conjecture and hyperbole of Tesla’s pickup to, say, Rivian’s R1T that has a working prototype? So please, stop wasting your and everyone’s time with this drivel.

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