The Cybertruck Saga: $400k and Not Even VIN 001?

Oct 11, 2023 2 min read
The Cybertruck Saga: $400k and Not Even VIN 001?

That seems steep!

In an era where electric vehicles have become synonymous with Elon Musk's Tesla, the anticipation surrounding Tesla's Cybertruck is, to put it mildly, electrifying. The 29th Petersen Museum Auction Gala witnessed a frenzy as one of the pioneering models of this futuristic beast was auctioned off. Surprisingly, the winning bid was a "mere" $400,000.

Check out the Tesler Siber Truck here.

Capturing the energetic atmosphere, Tesla enthusiast Greggertruck shared an enticing video snippet. The auctioneer's voice echoed bids that started at $280,000, with attendees' eagerness palpable. In a theatrical turn of events, an over-enthused bidder found his bidding paddle unceremoniously yanked away in the heat of the moment.

Now, $400,000 might sound like an astronomical amount to some, especially considering the truck's actual market price. But in the world of iconic vehicle auctions, this price tag for the Cybertruck raises eyebrows. With reservations for the model surpassing the 2 million mark earlier this summer, one would assume its auction price to soar even higher.

However, a detail crucial to auto aficionados could explain this "discrepancy": the Cybertruck's VIN. The Gala's invitation described the truck in question as a low-VIN model. While it promised the lucky bidder would be among the vehicle's first owners, it conspicuously lacked the holy grail of VINs, the 001.

History has shown that vehicles bearing the VIN 001 can fetch breathtaking prices. Take the GMC Hummer EV Pickup, for instance. It went under the hammer for an eye-watering $2.5 million in 2021. The proceeds for this heart-stopping price went to charity, making it a win-win situation. To compare, its SUV counterpart settled for $500,000 the same year. Meanwhile, the Corvette E-Ray, another showstopper, saw its VIN 001 auctioned at a cool $1.1 million earlier this year.

So, while the Cybertruck's auction price might have caused a stir, it's essential to put things in perspective. In the glamorous and unpredictable world of auto auctions, sometimes it's not just about the model but the magic of a number. In this case, perhaps VIN 001 was that missing spark.

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