autoevolution
 

Texas Dealer Won't Sell Tesla Cybertruck AWD for $100K, Are They Stuck With It for Good?

2024 Tesla Cybertruck AWD Foundation Series 31 photos
Photo: Bring a Trailer/autoevolution
2024 Tesla Cybertruck AWD Foundation Series2024 Tesla Cybertruck AWD Foundation Series2024 Tesla Cybertruck AWD Foundation Series2024 Tesla Cybertruck AWD Foundation Series2024 Tesla Cybertruck AWD Foundation Series2024 Tesla Cybertruck AWD Foundation Series2024 Tesla Cybertruck AWD Foundation Series2024 Tesla Cybertruck AWD Foundation Series2024 Tesla Cybertruck AWD Foundation Series2024 Tesla Cybertruck AWD Foundation Series2024 Tesla Cybertruck AWD Foundation Series2024 Tesla Cybertruck AWD Foundation Series2024 Tesla Cybertruck AWD Foundation Series2024 Tesla Cybertruck AWD Foundation Series2024 Tesla Cybertruck AWD Foundation Series2024 Tesla Cybertruck AWD Foundation Series2024 Tesla Cybertruck AWD Foundation Series2024 Tesla Cybertruck AWD Foundation Series2024 Tesla Cybertruck AWD Foundation Series2024 Tesla Cybertruck AWD Foundation Series2024 Tesla Cybertruck AWD Foundation Series2024 Tesla Cybertruck AWD Foundation Series2024 Tesla Cybertruck AWD Foundation Series2024 Tesla Cybertruck AWD Foundation Series2024 Tesla Cybertruck AWD Foundation Series2024 Tesla Cybertruck AWD Foundation Series2024 Tesla Cybertruck AWD Foundation Series2024 Tesla Cybertruck AWD Foundation Series2024 Tesla Cybertruck AWD Foundation Series2024 Tesla Cybertruck AWD Foundation Series
While the Tesla Cybertruck nearly broke the internet back in 2023 when it first went into production, enthusiasm for what is undoubtedly the quirkiest utilitarian EV ever made has gone down significantly in recent months.
This is true for most EVs, to some extent. People are “pulling back” a little bit, as the internal combustion engine seems to be undergoing a second renaissance – but this is bound to be temporary. EVs are still “the future” and once battery technology improves, even haters will have no choice but to accept that yes, it really is possible to make an electric vehicle without any major weaknesses. This will happen maybe within the decade, maybe by 2040, who knows?

Anyway, what we have here is a brand-new 2024 Tesla Cybertruck AWD in Foundation Series spec, much like the one we showed you back in May, which had 283 miles on the clock. Now, while this one here comes with delivery miles, it still failed to sell at auction – for no good reason, if you ask me.

The Cybertruck that failed to sell in May brought in a top bid of $120,000, nearly $20,000 over MSRP, which the seller refused. Meanwhile, this one maxed out at $100,000 in terms of bidding. Safe to say that holding on for profits isn’t a smart play when it comes to EVs such as the Cybertruck, at least not in this market.

This car’s owner, a dealership out of Shady Grove, Texas, should have probably taken $100k, even though it would have been slightly below MSRP. It’s time to accept that these things aren’t going up in value anymore. Heck, they’re not even going to hold their value – neither in the short nor the long term. The way things are going, Tesla might end up dropping the starting MSRP altogether for the Cybertruck, which is totally going to disrupt bidding on second-hand models.

Regarding that whole being “stuck with it for good” thing, It was a bit tongue-in-cheek. This will eventually sell, but probably not at $100k. So, unless the price is lowered, or the dealer accepts a lower bid at auction, ‘for good’ may well be in the cards, at least temporarily.

2024 Tesla Cybertruck AWD Foundation Series
Photo: Bring a Trailer
In terms of specs, this Cybertruck comes with Foundation Series badging, a power-operated frunk, eight exterior cameras, an off-road light bar, 20” Cyber alloy wheels with Goodyear tires, LED lighting, a composite 6’ cargo box, heated and ventilated seats in black Premium upholstery with white piping, a 15-speaker sound system, heated rear seats, wireless charging pads, and much more.

It’s also got Full Self-Driving capability, to go with automatic emergency braking, pedestrian detection, and emergency lane departure avoidance. Overall, this is a very safe vehicle. At least for the people inside, because you definitely don’t want to get hit by one as a pedestrian. There’s a reason why Europe doesn’t want the Cybertruck on its roads, and it’s a good one.

As for performance, since this is an AWD spec Cybertruck, it’ll give you 600 horsepower and 525 lb-ft of torque, to go with an estimated range of about 340 miles.
If you liked the article, please follow us:  Google News icon Google News Youtube Instagram
About the author: Sergiu Tudose
Sergiu Tudose profile photo

Sergiu got to experience both American and European car "scenes" at an early age (his father drove a Ford Fiesta XR2 supermini in the 80s). After spending over 15 years at local and international auto publications, he's starting to appreciate comfort behind the wheel more than raw power and acceleration.
Full profile

 

Would you like AUTOEVOLUTION to send you notifications?

You will only receive our top stories