Breaking: An Early VIN Tesla Cybertruck Sells For $400,000 at an Auction Predicting Incredible Demand

The Peterson Automotive Museum is one of the preeminent museums in the automotive field. The museum is renowned not only for its varied and historically significant collection but, due to its location in Los Angeles, California, the museum is also known for its ties and collaboration with Tesla.

The Petersen Automotive Museum is home to the most complete Tesla collection in the world. The portion of the museum dedicated to Tesla features several interesting items such as an unrolled version of the company’s newest 4680 cells, the new structural pack, a Model Y rear gigacasting together with the 70 individual parts it replaced.

The museum also contains other fun Tesla products including the hummer and steel ball that broke the Cybertruck’s window at the unveiling, a post-crash-test Model Y showcasing the vehicle’s safety bonafide, a second-generation roadster prototype, a Tesla-designed Hyperloop pod, a full-sized Tesla semi, alpha Cybertruck prototype, an early 2 door “smaller, tight-world wolverine” Cybertruck concept, and many more interesting items.

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The exhaustive list of Tesla products hosted at the museum is a testament to its close connection with the EV maker. And late last night, expanding on its partnership with Tesla, the Peterson Automotive Museum held an auction to raffle off a low VIN Cybertruck. The auction started off online with a $55,000 bid from a couple of individuals however, the online bid quickly shot up to $200,000.

After the online bid was closed, Petersen Automotive Museum continued the auction with in-person attendees of the museum’s 29th annual gala. The event was hosted by famed Emmy winner and automotive host Jay Leno.

Although unfortunately not live-streamed, the event in addition to the Cybertruck auction also included dinner, music, and famous guests. However, fortunately for those of us who were unable to attend the event in person, individuals in attendance during the gathering have shared information including a video of the live bid and the final price the early VIN Cybertruck sold for.

Current expectations are for the Cybertruck to have a starting price of somewhere between $50,000 to $75,000. However, this early VIN Cybertruck fetched an eye-watering $400,000 at the auction.

The low VIN Tesla Cybertruck sold for $400,000 at the Petersen Automotive Museum auction tonight. pic.twitter.com/I9yrtPNtn1
— Sawyer Merritt (@SawyerMerritt) October 8, 2023

BREAKING: The Cybertruck auction at the Petersen Museum reportedly went for just $400,000

Here is some of the auction!!! pic.twitter.com/YPrweLxG9c
— Greggertruck (@greggertruck) October 8, 2023

Just to put this into perspective, the Cybertrucks auction selling price is 6 to 8 times what the EV will retail for in just a few weeks' time when Tesla is expected to start mass producing the vehicle. 

Given the fact that the Cybertruck has recently crossed over 2 million reservations according to some estimates, the price it fetched at the auction might not be too big of a surprise however, the fact that there is still this much interest in the Cybertruck 4 years after it was unveiled should bode well for Tesla.

Currently, we don’t have information regarding the person or entity that bought the early VIN Cybertruck however, we’ll be sure to keep you posted once we get more information. Until then, make sure to visit our site torquenews.com/Tesla regularly for the latest updates.

So what do you think? Surprised to learn that an early VIN Cybertruck sold for $400,000? What do you think this means for Cybertruck's demand and price in the next few years? Let me know your thoughts in the comments below.

Image: Courtesy of Tesla, Inc.

For more information check out: Tesla Cybertruck Spotted With Grafitti Paint and Mounted Mobile Starlink Receiver Hinting at a Possible SpaceX Package

Tinsae Aregay has been following Tesla and The evolution of the EV space on a daily basis for several years. He covers everything about Tesla from the cars to Elon Musk, the energy business, and autonomy. Follow Tinsae on Twitter at @TinsaeAregay for daily Tesla news.