Elon Musk shows off new video of $100,000 Tesla Cyberbeast outgunning a Porsche 911 in a drag race - while towing a 911 - and monstering an F-350 Diesel in an off-road truck pull

Elon Musk has shared stunning footage of his newly-released Cyberbeast overtaking a Porsche 911 in a drag race and beating a F-350 Diesel in an off-road truck pull. 

The billionaire X CEO (formerly Twitter) took to his online platform to share demonstrations of the Cyberbeast's accelerative abilities in two videos. 

In one clip, the titanic stainless steel truck was seen outrunning the 2023 Porsche 911 down a quarter-mile track, while also towing another 911 behind. 

Another video showed the Cyberbeast's remarkable strength as it competed against a Ford F-350 Diesel in a truck pull and came out on top. 

The $99,990 Cyberbeast is the latest version of the Cybertruck, Tesla's huge SUV that will boast 845 horsepower and a 0-60mph acceleration of just 2.6 seconds. 

Tesla's Cybertruck fleet has been years in the making, with the Cyberbreast offering also joined by All Wheel Drive and Rear Wheel Drive versions. 

The Cyberbeast, the most expensive of the trio, will have the ability to travel a quarter mile in under 11 seconds, with its impressive power on show as Musk shared the striking footage. 

The 6,843lb electric vehicle has a towing capacity of 11,000 pounds, a 130-mph top speed, and can charge up to 250KW. 

Designed for all terrains, the steel-plated vehicle features a six-foot-long, four-foot-wide bed that can carry up to 2,5000 pounds and has a 17-inch ground clearance. 

If Musk's claim that the Cyberbeast takes only 2.6 seconds of 0-60 mph time is true, the truck would become the quickest pickup electric truck in the world.

Musk said the Cybertruck's body is made of a stainless steel alloy developed by Tesla, which will not suffer from corrosion and does not need paint - but can still be mass-produced. 

It was seen blowing a huge Porsche 911 Carrera T out of the water in the latest demonstrations, which has 379 horsepower and a 4.3 second (manual) 0-60mph time. 

While more expensive than its Tesla rival as it starts at $124,900, the iconic car has a higher top track speed at a staggering 181 mph.

The car requires premium-grade fuel for maximum output. 

On the other hand, the Ford 350 diesel truck has up to a 50-gallon fuel capacity and a horsepower of just over half the Tesla beast, at between 385 to 475 horsepower. 

The truck also boasts a 12,000 to 24,000 towing capacity and is considered an elite heavy-duty truck for towing or hauling heavy loads. 

The release of the two videos comes after Musk handed keys to the first 12 Cybertruck owners during a live event today to mark Tesla finally delivering the futuristic truck after four years of delays.

The CEO appeared in good spirits as he watched the steel-plated electric vehicles roll onto a stage before inviting each person to sit in their new truck.

Moments after the live stream ended, Tesla updated its website with new pricing, showing the Cybertuck has nearly doubled in price from $39,999 to $60,990.

Musk, however, failed to mention the increase during the 25-minute event hosted at Tesla's Gigafactory in Austin, Texas.

The ceremony started with Musk driving the truck on a stage in darkness and hopping into the bed to talk about it. 

'It's the most unique thing on the road,' he said. 'Finally, the future will look like the future.' 

Musk made jokes with the crowd, which was in a completely different mood from the day before when he told Disney CEO Bob Iger to 'go f*** yourself.'

The remark was made when Musk was asked about Iger's decision to pull advertising from X. 

But the fowl mood did not carry over into Thursday as Musk stood tall in the bed of a Cybertruck proclaiming the vehicle's durability. 

He even had Tesla design chief Franz von Holshausen recreate the 2019 test that saw shatterproof glass with a metal ball.

However, a baseball was used this time, which bounced off the 'armored glass.' 

It was speculated that Tesla was set to raise the price due to adjustments and upgrades made since the prototype was unveiled. 

More than two million people are on the waitlist, which requires a $100 down payment to secure a truck. 

Tesla has faced 'enormous challenges in reaching volume production' with the Cybertruck because of its new technology and design, Musk said in a recent statement.

'We dug our own grave with Cybertruck,' Musk said last month, warning that making the vehicle a significant cash flow contributor would take a year to 18 months.

Experts said that Cybertruck's new body material and unconventional, futuristic styling add complexity and costs to production and threaten to alienate traditional pickup truck buyers who focus on utility.

A few years ago, Musk had floated the idea that if people did not like the futuristic Cybertruck design, Tesla could 'build a normal looking truck.' 

Eric Noble, president of automotive consulting firm The CARLAB, said: 'The larger problem for the Cybertruck is the Cybertruck wasn't really designed for pickup truck users.

'It will have a much narrower appeal than a Ram or an F series,' he said of the popular Dodge and Ford pickups.

Telsa's Cybertruck became a sensation when revealed to the world in November 2019, promising a 2021 launch.

The celebrated event quickly became a nightmare for Musk after the glass on his new electric 'Cybertruck' was smashed just after he boasted about it being 'shatterproof.'

During the announcement of the truck - which looks like an armored vehicle with angular sides - Tesla design chief Franz von Holshausen tried to prove the glass was 'shatterproof' by throwing a heavy metal ball at close range.

Musk was heard muttering 'oh my f***ing God' when the glass smashed.

Since this prototype, tweaks have been made to Cybertruck to ensure it's more durable and resistant to impact from rocks and debris that may fly up as it powers through rough terrain at high speeds.

The Cybertruck's exoskeleton is now made from a new type of stainless steel that is strong enough to withstand impact from a 9mm handgun, according to Musk.

 According to Tesla's website, the rear-wheel drive Cybertruck will be 'available' in 2025, but the all-wheel drive and the Cyberbeast are set to launch in 2024.