Tesla Cyberbeast Auction: A Closer Look

Bidding has commenced for the first-ever Tesla Cyberbeast available for public auction, offering enthusiasts a chance to own this unique vehicle.

Auction Details

The Foundation series Cyberbeast is currently up for auction at Sotheby’s Motorsport until April 9. Prospective buyers eager to secure ownership can participate in the bidding process, although the price is expected to surpass Tesla’s retail price.

Strong Initial Interest

Bidding for the Cyberbeast began at $75,000, resembling the cost of an all-wheel-drive Cybertruck, and quickly escalated to over $90,000 within hours of the auction’s launch. Sotheby’s spokesperson has noted robust activity in the initial hours, anticipating heightened bidding competition as the auction progresses.

Features and Specifications

The Cyberbeast stands out as the most potent and swift version of the Cybertruck, boasting 845 horsepower and an impressive acceleration from 0 to 60 miles per hour in just 2.6 seconds. Priced at $99,990, its enhanced performance is reflected in its price tag.

Seller and Auction Terms

The seller, operating under the pseudonym ShibaInu, chose to auction the EV with no reserve, indicating that there is no minimum price requirement for bidders. This decision allows for an open and competitive bidding process.

Resale Considerations

Tesla’s efforts to discourage reselling, including adding a resale clause to its sales agreement, have not deterred auctions like this one. The Sotheby’s spokesperson clarified that any resale agreement between Tesla and the original owner will not affect the ultimate buyer in this auction.

Potential Resale Value

Previous auctions have demonstrated strong interest in the Cybertruck, with one reseller fetching a price of $244,500—more than double the sticker price. However, subsequent auctions have seen the vehicles sold at lower bids, indicating variability in resale values.

Alternatives for Interested Buyers

For those unable to secure the winning bid, Tesla offers the option to reserve a Cybertruck with a refundable $250 deposit on its website. With over 2 million reservations already recorded, competition for the vehicle remains fierce.

Future Production Plans

Tesla’s ambitious goal of producing 250,000 Cybertrucks annually by 2025 underscores the company’s commitment to meeting demand and expanding its presence in the electric vehicle market.

In conclusion, the Tesla Cyberbeast auction represents an exciting opportunity for enthusiasts to acquire a high-performance electric vehicle, highlighting the enduring fascination with Tesla’s innovative offerings in the automotive industry.