Tesla Cybertruck auction price: $400,000

author: FutureCar Staff    

An early Tesla Cybertruck has been sold for $400,000 at auction by the Petersen Museum in Los Angeles.

While the exact delivery date of the Cybertruck is still unknown, it is expected to be soon.

Despite this, the Petersen Museum, known for its close relationship with Tesla, decided to auction off a "low-VIN Cybertruck" at their gala this year.

The museum, which hosted the public debut of the Cybertruck in 2020 and has since held a Tesla exposition, plans to purchase the vehicle from Tesla and give it to the auction winner without a specified timeline.

It remains unclear how the museum will obtain a "low-VIN" Cybertruck, as the definition of a "low-VIN" is subjective.

The gala, hosted by Jay Leno, charged $1,700 per ticket and also accepted bids from outside parties.

While the official results of the auction have not been announced, reports from attendees suggest that the Tesla Cybertruck was sold for $400,000.

This price is approximately five times higher than the expected starting price of the higher-end version of the electric truck.

The funds raised from the auction are expected to benefit the non-profit operations of the museum.

It is unclear whether the museum has secured an early Cybertruck directly from Tesla, as the automaker does not seem to be directly involved in the auction.

It is possible that the auction winner simply has a Cybertruck reservation that they believe to be an early one, although Tesla has not always followed the order of reservations when delivering new vehicles.

While Tesla's relationship with the museum may suggest a hidden agreement, it is uncertain and one can only hope that the buyer who paid $400,000 for the truck has made a wise investment.

Even if the museum does manage to secure a genuinely "low VIN" Cybertruck, its value is unlikely to be anywhere near the auction price unless it is sold to another original equipment manufacturer (OEM) seeking to reverse-engineer it.

FutureCar Staff