And just because Tesla once didn't offer a car with the price they said doesn't mean its some inherent law of nature. Tesla now is a very different company compared to 2017 when they built their first mass manufactured car.
Fact is that Electric F-150 will not be able to compete with the Cybertruck on specs. Tesla will bring its now batteries and new packs and will reach range and performance that F-150 can't match.
They don’t have to compete with the base model. They can compete with the volume model. If they match it on specs and features it’s competitive.
Tesla marketing has a habit of being very ambitious so we’ll see if the range and performance are better in the real-world. They certainly have the technology and battery advantage.
I don’t have much faith in the 40k Cybertruck being widely or readily available based on that. It’s not really a dig at Tesla. Ford makes an F-150 that costs less than $30k, but most sold outside of fleets are higher trims and packed with options.