Photo: Tesla New EV prices edged up in October, but buyers still paid less than they did a year ago. The average transaction price for a new EV in the US was $56,220, up 1% from September and down 2.7% from October 2025, according to Kelley Blue Book, a Cox Automotive brand. Across all new vehicles, the average hit a record $51,109, up 1.3% from September and 2.1% year over year, even as prices rose more slowly than they typically do in October. EV incentives barely budged from September’s revised 11.2% of the average transaction price to 11.3% in October. That’s up from 10.3% a year earlier and well above October’s industrywide average of 6.8%. Tesla’s average selling price fell from September to $54,194, but it was still up 1.2% year over year. The Cybertruck helped push that average higher. Cox Automotive estimates Tesla sold 1,914 Cybertrucks in October, its best month in more than a year, at an average price of $92,380. That sales bump comes as Tesla prepares to end Cybertruck production at its Austin factory in mid-2027. Elon Musk said Tesla will dismantle the assembly line around June or July to make room for more Cybercab robotaxis. Read more: EVs cost less than a year ago, but September brought a setback If you’ve ever considered going solar, make it easy by finding a trusted, reliable solar installer near you that offers competitive pricing by checking out EnergySage. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them. Your personalized solar quotes are easy to compare online, and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here. FTC: We use income earning auto affiliate links. More.
Tesla Cybertruck had its best month in over a year. It’s still going away
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