Starting at $60,990, Tesla's Cybertruck is priced 50% higher than initial estimate

FILE PHOTO: Tesla's new Cybertruck is shown on display at a Tesla store in San Diego, California, U.S., November 20, 2023. REUTERS/Mike Blake/File Photo

(Reuters) -Tesla's long-delayed Cybertruck will be priced starting at $60,990, over 50% more than what CEO Elon Musk had touted in 2019 and a cost analysts have said will draw select, affluent buyers.

The truck, made of shiny stainless steel and shaped into flat planes, is partly inspired by a car-turned-submarine in the 1977 James Bond movie "The Spy Who Loved Me," Musk has said.