- The base model of the Tesla Cybertruck is priced at $61,000, with additional models like the all-wheel drive and premium “Cyberbeast” versions priced at $80,000 and $100,000, respectively.
- Despite Tesla’s efforts to prevent early buyers from flipping the Cybertruck for profits, limitations exist in enforcing such measures. Owners have claimed to have flipped their trucks for over $200,000, with this confirmed transaction being a testament to the demand and value associated with the Cybertruck
A recent auction saw a Tesla Cybertruck being sold for $244,000, more than double its retail value. The transaction took place on Cox Automotive’s Manheim auction platform, with Porsche Orlando listed as the buyer. While it remains unclear whether the dealership intends to resell the vehicle or acquired it for Porsche’s purposes, this sale highlights the premium some are willing to pay for early access to the highly anticipated electric pickup truck.
The Cybertruck’s sale at a significant premium underscores the appeal and exclusivity surrounding Tesla’s electric vehicles. While some may view this as an extravagant purchase, it reflects the strong interest and willingness of buyers to secure unique and sought-after vehicles.
With Tesla aiming to produce 250,000 Cybertrucks annually by 2025, including tens of thousands of Foundations Series models, the market dynamics are expected to evolve as more units enter circulation. This sale exemplifies the allure of owning a Cybertruck ahead of mass production.
This high-profile sale of a Tesla Cybertruck for $244,000 exemplifies the fervor surrounding electric vehicles and the willingness of enthusiasts to pay a premium for early access to cutting-edge automotive technology.
What is the foundation series of the Tesla Cybertruck?
The Tesla Cybertruck Foundation Series is a limited edition offering by Tesla, designed for early reservation holders. This special series includes all available features and accessories from the Cybertruck’s configurator, along with unique additions like laser-etched Foundation Series badging. To access this exclusive package, customers are required to pay an additional $20,000 “Foundation Series” fee on top of the base price of the Cybertruck.Key details about the Foundation Series Cybertruck include:
- Features: The Foundation Series includes all available options and accessories offered for the Cybertruck, providing a comprehensive and premium configuration.
- Pricing: The AWD variant of the Foundation Series is priced at $99,990, while the premium Cyberbeast model is priced at $129,990.
- Availability: Tesla plans to offer approximately 20,000 units of the Foundation Series Cybertruck to early reservation holders. These limited edition trucks are expected to be in high demand due to their exclusive features and configurations.
The Foundation Series Cybertruck represents a premium offering for enthusiasts looking to secure a fully-loaded and unique version of Tesla’s highly anticipated electric pickup truck. With a limited number available and a range of high-end features, this special edition caters to early adopters seeking an enhanced and distinctive driving experience.
What are the differences between the foundation series and other models of the Tesla Cybertruck?
The Tesla Cybertruck Foundation Series differs from other models in several key ways:
- Limited Edition: The Foundation Series is a limited edition offering, with about 20,000 units available to early reservation holders.
- Pricing: The Foundation Series Cybertruck is priced at $99,990 for the AWD variant and $129,990 for the Cyberbeast tri-motor trim. This includes all available options and accessories from the Cybertruck’s configurator, plus special accessories and charging equipment.
- Laser-Etched Badging: The Foundation Series Cybertruck features laser-etched Foundation Series badging, which is the sole hard differentiator between the Foundation Series and other Cybertruck models.
- Included Features: The Foundation Series Cybertruck includes a range extender, Powershare home backup, Powershare mobile connector, Full Self-Driving beta capability, and lifetime premium connectivity.
- No Resale Agreement: The Cybertruck order agreement includes a one-year “no resale” agreement, which could result in up to $50,000 in legal penalties for those who try to flip the vehicles within a year.
These differences make the Foundation Series a unique and premium offering for early reservation holders, providing a comprehensive and exclusive package for those willing to pay the additional $20,000 fee.
What is the delivery time for the foundation series Tesla Cybertruck?
The delivery timeline for the Tesla Cybertruck Foundation Series varies depending on the specific model ordered. The dual-motor, all-wheel-drive version of the Foundation Series Cybertruck has an estimated delivery timeline ranging from this month to March 2024
. The Cyberbeast tri-motor trim, on the other hand, is expected to be delivered in early 2024
. Tesla is prioritizing deliveries in California and Texas, with residents in other states expected to receive the Cybertruck in 2024
. The exact delivery date for each individual order may vary based on the specific configuration and production schedule.
Is there a way to expedite the delivery of the foundation series Tesla Cybertruck?
To expedite the delivery of the Tesla Cybertruck Foundation Series, customers can consider a few strategies based on the available information:
- Decline Foundation Series Invitation: If a customer declines the Foundation Series invitation, they will retain their place in line for a non-Foundation Series Cybertruck. However, declining the Foundation Series invite means they will not receive another invitation to configure a non-Foundation Series Cybertruck until the limited series trucks have been delivered.
- Limited Series Availability: Tesla plans to offer approximately 20,000 units of the Foundation Series Cybertruck to early reservation holders. Customers who are willing to pay the $20,000 surcharge for the Foundation Series can secure their place in line for expedited delivery.
- Production Ramp at Giga Texas: The delivery timeline for the Foundation Series Cybertruck is dependent on Tesla’s production ramp at Giga Texas. If production goes according to plan, it is expected that all 20,000 Foundation Series units will be sold out in the first half of the year.
By considering these factors and potentially opting for the Foundation Series model with its premium features and accessories, customers can position themselves for a potentially faster delivery of their Tesla Cybertruck.
What is the significance of the Cybertruck being sold at auction for more than twice the retail value?
The Tesla Cybertruck being sold at auction for more than twice its retail value signifies the high demand and exclusivity surrounding this electric pickup truck. The sale to Porsche Orlando on Cox Automotive’s Manheim auction platform highlights the premium some are willing to pay for early access to unique and sought-after vehicles.
This transaction also raises questions about Tesla’s resale policy, which requires buyers to request a buyback from Tesla if they wish to sell their truck. If Tesla declines to buy back the truck, the buyer can then sell it themselves, but violating this clause could result in a $50,000 penalty imposed by Tesla or potentially the entire profit made from the sale, whichever is greater.
Despite Tesla’s efforts to prevent early buyers from flipping the Cybertruck for profits, the sale at auction for more than twice the retail value suggests that some buyers are willing to pay a premium for early access to the Cybertruck. This trend could potentially influence other Cybertruck owners looking to cash in on their vehicles, and Tesla may need to assert its control over resale prices to protect its pricing strategy
