Tesla Cybertruck Sells for Over Double Its Sticker Price at Auction
The high-end tri-motor Cyberbeast model fetched $262,500, signaling strong market interest despite production and quality concerns.
- A Tesla Cybertruck Cyberbeast model was auctioned for $262,500, more than double its $120,000 sticker price.
- The auction, held by Sotheby's Motorsport, saw the vehicle sold with no reserve, starting at $75,000.
- Despite production delays and quality issues, the auction price reflects high demand for the limited available models.
- Tesla has introduced measures to prevent flipping, but high resale prices continue as new deliveries are awaited.
- The Cybertruck's performance and unique design contribute to its appeal, with features like 845 horsepower and a 320-mile range.
Benzinga 
Forbes 
