Tesla Cybertruck

It seems like the tradition of Tesla delaying its plans after concrete announcements will go on until eternity

The futuristic electric pickup truck already bears impressive specifications stats and these new additions will further make it favorable for off-roading excursions

Initially, the Tesla Cybertruck AWD and Foundation Series CyberBeast will be on sale.

The existing range figures failed to impress the potential customers and industry experts.

Increased production capacity and reduced exclusivity are the chief reasons to drive the prices down. The prices of a used Tesla Cybertruck were around $200,000 in the second-hand car market only a few months ago. In recent years, it has become quite common to charge a markup on the original value of a famous or trendy vehicle and sell it in the used car market. Basically, the asking prices are directly proportional to the traction a new vehicle commands. When it comes to the buzz, I reckon there has hardly been an EV as widely anticipated as the Tesla Cybertruck in the last 4 years. No wonder, flippers were charging a premium of over 100%. You might also like: Ford F-150 Lightning Outsells The Next 3 Electric Pickup Trucks Combined in Q1 2024 Prices of Used Tesla Cybertruck The internet has been full of outrageous quotes from Tesla Cybertruck owners for the electric pickup truck as a used car. For instance, one owner in Beverly Hills, CA is asking for $209,000 for his/her 2024 Tesla Cybertuck with just 105 miles on the odometer. Most listings on this portal indicate a price of above $170,000. That is quite a markup for the MY2024 model. Note that there are some people whose full-time job is to book an anticipated car early, and then flip it for insane gains quickly as its demand surges. After the Cybertruck was launched back in December 2023, there were reports of the futuristic electric pickup truck having bagged 2 million reservations. I understand that the conversion rate would be dramatically low. Still, that amount would’ve taken a lot of time to fulfil as per the production capacity. As a result, it became incredibly popular in the used car market. At the time, there was also a sense of exclusivity associated with it. Hence, wealthy elites among us happily paid the premiums. However, as months passed and the owners started reporting some problems, the demand for the electric pickup truck was reduced. Don’t get me wrong, the issues are much less in comparison to the success. Still, due to the tall claims of Elon Musk, every little problem was amplified by the public and media alike. In any case, after around 6 months of the launch, Tesla has increased the production capacity and the exclusivity quotient is almost non-existent. Therefore, you can find a used Tesla Cybertruck for prices ranging around $130,000 in the market at the moment. One could argue that these are acceptable premiums, especially after considering the registration and taxes on the brand-new model. There are still huge waiting periods for the Tesla Cybertruck. Hence, if you happen to have a bunch of cash lying around and want to experience the distinct electric truck, going for these options with a couple of hundred miles on them might not be such an insane idea. What Did Tesla Do? Knowing what was going on in the used car market, the American EV giant responded by allegedly making the buyers sign an agreement which said that the Cybertruck couldn’t be sold within the first year of ownership unless the owner followed a strict set of procedures and Tesla approved the VIN for resale. Any owner who refused to follow this agreement would supposedly be compelled to pay “$50,000 or the value received as consideration for the sale or transfer, whichever is greater.” Furthermore, Tesla could also refuse to sell a vehicle to such people in the future. Unfortunately, it remains unknown whether Tesla ever implemented this process on anyone. You might also like: 2 in Top 5 Used EVs Come From Tesla as Used Car Industry Grows Learn Electric Cars Says Flipping new in-demand cars in the used car market is an established practice. This is prevalent all across the world. People who constantly follow the electric car industry know which vehicles are creating a buzz among potential buyers. They often book a car on the first day. When the launch takes place and the waiting times surge, they offer the new car at a premium. Depending on your negotiating skills, you can beat the long queues for delivery by paying a markup. I believe this is not a bad idea since no one is forcing anyone to buy. If you have the funds, are enthusiastic enough about a car and are willing to pay the premium, you can own it.

Tesla Cybertruck created a resounding buzz in the automobile industry after the launch in December 2023. Tesla is offering a special offer which can accelerate the delivery process of the Cybertruck to just 45 days. Notably, there are a lot of Cybertruck enthusiasts who had booked it back in 2019 when it was first unveiled. However, they had to face utter disappointment for the next four years due to the delays in the launch. Now that the electric pickup truck is finally available, the delivery times are quite exorbitant. But there is a way to bypass the waiting period. You might also like: Tesla Cybertruck vs Porsche 911 Turbo S Drag Race – Guess Who Wins Tesla Cybertruck Delivery Offer As per the information relayed to the existing Tesla owners via its app, people can now redeem referral credits (30,000 credits) to fasten their Cybertruck delivery procedure. The offer was posted on the Cybertruck Owners Club forum by a certain Rodx. It read, “Be invited to configure and take delivery of your Foundation Series All-Wheel Drive or Cyberbeast within 45 days of redemption. If you miss your chance to claim, check back later— additional accelerated deliveries will be added.” Note that these credits are non-transferable. Moreover, these are just valid for the USA. Referral Credits are rewards to owners who successfully convince friends and family to buy one of the carmaker’s electric vehicles. When new buyers use a current owner’s referral code when they buy or test drive a car, both the owner and the new buyer get credits. However, not all netizens are amused by this announcement. Some of them are concerned about the already high price of the Foundation Series program which should repute a faster delivery process anyway. Others warned that the early adoption of the Cybertruck might result in people facing issues which are generally resolved later on. Some other users stated that this could lead to further delays in the deliveries of others who have reserved the futuristic-looking electric pickup truck recently. You might also like: Wheel Cover Of Tesla Cybertruck Has A Unique Problem Learn Electric Cars Says Tesla wants to ensure that it remains the biggest EV company in the world going forward. While the Cybertruck might not be a volume churner for the American EV giant like the Model Y, it would still contribute a great deal in enhancing the brand image. In fact, Tesla already claims hundreds of thousands of bookings for the Cybertruck. But it would be interesting to see how many of them actually convert to real sales. With offers like these, Tesla wants to create further excitement among the Cybertruck aficionados. In fact, it will ramp up the production as per the demand going forward. Such incentives for a quicker delivery could spur the demand further. We will witness how it affects the bookings for the electric pickup truck in times to come.