The first Cybertruck was auctioned off for a staggering $400,000 at the Petersen Auto Museum. Surprisingly, the same location hosted the Cybertruck’s initial public unveiling in 2020.
The auction took place at Petersen’s 29th gala event, which was hosted by Jay Leno, a well-known personality in the automotive world. It’s worth noting that the museum promoted this as a “low-VIN” 2024 Cybertruck, effectively making this an auction for a build space rather than a car. In any case, if the transaction goes through, this will be the first official sale of a Cybertruck.
For comparison, the mass production entry level Cybertruck was originally claimed to start around $40,000, so this auction was able to get more than ten times the standard truck’s price.
With frequent sightings of Cybertrucks testing, Tesla has been hard at work on producing the pickup truck. The carmaker had stated that full-scale manufacturing would not begin until 2024, with early units beginning to roll off the assembly line this year. Tesla announced on X on July 15 that the first Cybertruck had been manufactured at the automaker’s Giga Texas complex.
This isn’t the first time an EV truck of considerable interest has been auctioned off. The first 2024 GMC Hummer EV SUV sold for $500,000 in January at the Barrett-Jackson Scottsdale auction, while the first Hummer EV SUT truck sold for $2.5 million in 2021 at a Barrett Jackson sale.