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8 months ago
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A Tesla Cyberbeast is being offered at public auction for the first time ever - and the seller is on course to make a profit of $100,000-plus.
Sotheby's Motorsport is running the online auction that ends on Tuesday, April 9. Bids were at $235,000 by Friday morning - with four days left.
Already, that is more than double the $99,990 price listed for the model on Tesla's website.
It means the seller should pocket a tidy profit, even if they are hit with a $50,000 fine that Elon Musk has threatened to slap on owners who sell within a year.
Standard all-wheel drive versions of the Cybertruck have already sold at auction - with an average price of around $190,00
A Tesla Cyberbeast is on sale at auction for the first time. Bids were $231,000 on morning = as seen in this image - but had risen another $4,000 by the next day
The interior of the Cyberveast being auctioned by Sotheby's
The auction is the first test of the resale price of the Cyberbeast variant. Nomral AWD Cybertrucks have sold for around $190,000
The auction gives EV fans a chance to skip the wait for the top-of-the-range version of Elon Musk's Cybertruck.
'As we all know, with no reserve anything can happen,' Colleen Cash, president of Sotheby's Motorsport, told Bloomberg.
The flagship Cyberbeast is accelerates faster, has a higher top speed and is more powerful than the standard Cybertruck - but it's range is 20 miles shorter.
For example, at 845 horsepower it has more guts than the standard 600hp version.
And the top speed on the Cyberbeast is 130 mph compared to 112 for the standard version. It also does 0-60mph in 2.6 seconds rather than 4.1.
But - rather than simply higher specs - experts say much of the attraction is that is in high interest and low supply of the model.
Kevin Tynan, a senior automotive analyst for Bloomberg Intelligence, said: 'There is a market that can be maximized best in an auction environment when a frenzy is created.'
The auction is the first time a Cyberbeast has been resold, and will give a clue to their used value.
Sotheby's has dozens of photos of the Cyberbeast
A secondhand Cybertruck sold for $244,000 in February in Florida, but subsequent sales have been around $190,000.
The seller of the Cyberbeast, like all those that have resold Cybertrucks, risks a $50,000 fine from Elon Musk.
Owners are bound to a contract that prohibits them from re-selling the EV before one year or face the fine. It is unclear if this has happened, but Tesla has cancelled orders when the owner-to-be has pre-listed the trucks for sale.
Last month, DailyMail.com found at least 20 resale listings, depending on the website, and some appeared to be listed on multiple sites.
Sotheby's says of the Cyberbeast on sale: 'Known for disruption, Tesla's entry into the EV truck segment elicited a response.
'Longer, wider, faster—and loaded with unprecedented innovation beside its contemporaries, the pickup redefined an American mainstay.'
Tesla has come under fire for problems with the Cyberbeast in recent weeks.
There was outrage this week as Tesla started shipping $3,000 Cybertruck tent that looks nothing like as advertised.
Tesla's Cybertruck Basecamp tent looked more like a tarp than the sleek design the company promised when it advertised the attachment
Tesla released photos of its Basecamp tent when it announced the Cybertruck in 2019, promising a unique and comfortable camping experience
A similar post on the forum was shared on March 5, showing the red blood colored screen with a large notification on the front that reads: 'Pull over safely. Critical steering issue detected'
Another California owner also had to have their Cybertruck towed after the center screen started flashing red and showing a steering error alert - and it happened on the same day he took the delivery
The Basecamp tent, which comes with the hefty price tag of $3,000, appears to be missing the allure of the company's promotional pictures, including an 'ultra-soft mattress' and 'enhanced camping experience.'
And abrand new Cybertruck owner was left fuming when his $82,000 EV broke down with a critical fault just SECONDS after pulling out of the lot.
Entrepreneur Thomas Remo shared a video of him picking up the $82,000 EV in Irvine, California, later finding it 'broke not even six inches off the lot' and failed another '30 times' after on the first day.
Moments after Remo excitedly steps on the gas peddle, the center screen started flashing red and beeping to alert him about a critical steering issue.
Meanwhile, Tesla Cybertrucks can now be rented on Turo for an eye-watering $1k A DAY - as owners cash in on huge demand from Americans eager to drive them
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