SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles 
Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push 
Sanofi to Acquire Dynavax in $2.2 Billion Deal to Strengthen Vaccines Portfolio 
Warner Bros Discovery Weighs Amended Paramount Skydance Bid as Netflix Takeover Battle Intensifies 
Sanofi to Acquire Dynavax in $2.2 Billion Deal to Strengthen Vaccine Portfolio 
JPMorgan’s Top Large-Cap Pharma Stocks to Watch in 2026 
Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates 
Saks Global Weighs Chapter 11 Bankruptcy Amid Debt Pressures and Luxury Retail Slowdown 
BlackRock-Backed Global Ports Deal Faces Uncertainty Amid Cosco Demands 
Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand 
Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role 
FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement 
Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools 
Novo Nordisk Stock Surges After FDA Approves Wegovy Pill for Weight Loss 
Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling 
California Regulator Probes Waymo Robotaxi Stalls During San Francisco Power Outage 
In June, the Tesla Cybertruck was the best-selling vehicle priced over $100,000 in the US, selling more than 3,200 units, according to Kelley Blue Book.
Tesla Cybertruck Tops $100k Vehicle Market
The most popular vehicle priced over $100,000 in the US in June was the Tesla Cybertruck, according to fresh data from Kelley Blue Book.
According to Teslarati, from May 2024 and June 2023, the prices of new vehicles stayed relatively constant. While the new average price for EVs was up 0.9% from May to June, it was down 2.5% from May to last year.
When comparing June 2024 to May 2024 and June 2023, Tesla's transaction prices went up. KBB attributes this to the Cybertruck's success in the US market, which increased the average sale price for the company's products.
June Sales Hit Over 3,200 Units
The June report indicates that sales were above 3,200 units. Regarding the Cybertruck's impact on Tesla's increasing ATP, the firm made the following comment:
“While prices for the popular Model Y and Model 3 held relatively steady month over month in June – although both have increased significantly since January – the new Cybertruck is likely one reason Tesla ATPs have increased. In June, the Cybertruck was the best-selling vehicle priced over $100,000 – average transaction price: $112,696 – with more than 3,200 units sold.”
As a result of last month's NHTSA recall of the all-electric pickup, many believed that Tesla had sold approximately 11,688 Cybertruck units through June, while the company has kept the actual numbers under wraps.
The latest numbers that demonstrate the Cybertruck's immense popularity despite its price tag of over $100,000 are a significant achievement for Tesla. The vehicle was characterized as divisive, and many predicted it would underperform in the market because of its unconventional styling, but the numbers appear to contradict this prediction.
Ford F-150 Lightning Second in Electric Pickup Sales
In terms of sales of electric pickup trucks, the only vehicle that is outperforming the Cybetruck is the F-150 Lightning, as indicated by sales numbers provided by Ford.
