First Tesla Cybertruck sells at public sale for ten instances its beginning worth

The primary Cybertruck was auctioned off for a staggering $400,000 on the Petersen Auto Museum. Surprisingly, the identical location hosted the Cybertruck’s preliminary public unveiling in 2020.
The public sale happened at Petersen’s twenty ninth gala occasion, which was hosted by Jay Leno, a widely known persona within the automotive world. It’s value noting that the museum promoted this as a “low-VIN” 2024 Cybertruck, successfully making this an public sale for a construct house relatively than a automobile. In any case, if the transaction goes by means of, this would be the first official sale of a Cybertruck.
For comparability, the mass manufacturing entry stage Cybertruck was initially claimed to begin round $40,000, so this public sale was in a position to get greater than ten instances the usual truck’s worth.
With frequent sightings of Cybertrucks testing, Tesla has been onerous at work on producing the pickup truck. The carmaker had said that full-scale manufacturing wouldn’t start till 2024, with early models starting to roll off the meeting line this yr. Tesla introduced on X on July 15 that the primary Cybertruck had been manufactured on the automaker’s Giga Texas complicated.
This isn’t the primary time an EV truck of appreciable curiosity has been auctioned off. The primary 2024 GMC Hummer EV SUV bought for $500,000 in January on the Barrett-Jackson Scottsdale public sale, whereas the primary Hummer EV SUT truck bought for $2.5 million in 2021 at a Barrett Jackson sale.