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Tesla Cybertruck sales surge 61% in July, outsells direct rivals

The Tesla Cybertruck is dominating the electric pickup truck segment, despite the $20,000 premium from the Foundation Series.

The Tesla Cybertruck is still being sold at a premium due to the continuation of its Foundation Series edition, but the vehicle is already dominating the electric pickup truck segment. This is a notable feat for the Cybertruck, considering that the electric pickup truck market today includes critically acclaimed vehicles like the Rivian R1T and the Ford F-150 Lightning. S&P Global Mobility analyst Tom Libby, for his part, claimed that the current increase in EV sales is reliant on incentives.

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