A Tesla Cyberbeast is being offered at public auction for the first time in history, and the seller is on track to make a profit of more than $100,000.
Sotheby’s Motorsport is holding the online auction which ends on Tuesday, April 9. Bids were at $235,000 as of Friday morning, with four days left.
That’s already more than double the $99,990 price listed for the model on Tesla’s website.
It means the seller should pocket a sizable profit, even if hit with a $50,000 fine that Elon Musk has threatened to levy on owners who sell within a year.
Standard all-wheel drive versions of the Cybertruck have already been sold at auction, with an average price of about $190
A Tesla Cyberbeast goes on sale for the first time at auction. Bids were $231,000 in the morning = as seen in this image, but had increased by another $4,000 the next day.
The interior of the Cyberveast auctioned by Sotheby’s
The auction is the first test of the resale price of the Cyberbeast variant. Nomral AWD Cybertrucks have sold for about $190,000
The auction gives electric vehicle fans a chance to skip the wait for the high-end version of Elon Musk’s Cybertruck.
“As we all know, without reservations anything can happen,” said Colleen Cash, president of Sotheby’s Motorsport. Bloomberg.
The flagship Cyberbeast accelerates faster, has a higher top speed and is more powerful than the standard Cybertruck, but its range is 20 miles shorter.
For example, at 845 horsepower, it has more guts than the standard 600-horse version.
And the Cyberbeast’s top speed is 130 mph compared to 112 for the standard version. It also accelerates from 0 to 100 km/h in 2.6 seconds instead of 4.1.
But rather than simply higher specs, experts say much of the appeal lies in the model’s high interest and low supply.
Kevin Tynan, senior automotive analyst at Bloomberg Intelligence, said: “There is a market that can be best maximized in an auction environment when it creates a frenzy.”
The auction is the first time a Cyberbeast has been resold and will give a clue to its used value.
Sotheby’s has dozens of photographs of the Cyberbeast
A used Cybertruck sold for $244,000 in February in Florida, but subsequent sales have been around $190,000.
The seller of the Cyberbeast, like all those who have resold Cybertrucks, risks a $50,000 fine from Elon Musk.
Owners are subject to a contract that prohibits them from reselling the electric vehicle before one year or face a fine. It’s unclear if this happened, but Tesla canceled orders when the future owner previously put the trucks up for sale.
Last month, DailyMail.com found at least 20 resale ads, according to the website, and some It seemed to be listed on several sites.
Sotheby’s says of the Cyberbeast for sale: ‘Known for its innovation, Tesla’s entry into the electric truck segment sparked a response.
“Longer, wider, faster and packed with unprecedented innovation compared to its contemporaries, the truck redefined an American mainstay.”
Tesla has been criticized for issues with Cyberbeast in recent weeks.
There was outrage this week when Tesla started shipping a $3,000 Cybertruck tent that looks nothing like what was advertised.
Tesla’s Cybertruck Basecamp tent looked more like a tarp than the sleek design the company promised when it announced the accessory.
Tesla released photos of its Basecamp tent when it announced the Cybertruck in 2019, promising a unique and comfortable camping experience.
A similar post was shared on the forum on March 5, showing the blood-red screen with a large notification on the front that says, “Stop safely.” A critical problem was detected in the steering
Another owner in California also had to have his Cybertruck towed after the center display started flashing red and displaying a steering error alert, and it happened on the same day he took delivery.
The Basecamp tent, which carries a hefty $3,000 price tag, appears to lack the appeal of the company’s promotional images, including an “ultra-soft mattress” and an “enhanced camping experience.”
And a new Cybertruck owner was left furious when his $82,000 electric vehicle broke down with a critical fault just SECONDS after leaving the lot.
Businessman Thomas Remo shared a video of him picking up the $82,000 electric vehicle in Irvine, California, and then finding it. “It didn’t break even six inches of the lot” and failed another “30 times” after the first day.
Moments after Remo enthusiastically stepped on the accelerator pedal, the center display began flashing red and beeping to alert him to a critical steering issue.
Meanwhile, Tesla Cybertrucks can now be rented on Turo for a cool $1,000 a day, as owners capitalize on huge demand from Americans eager to drive them.