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home / articles / TSLA - Tesla Cybertruck Early Reservation Spots Fetch Big Bucks On eBay: Would You Pay $10K To Get Yours ASAP? | Benzinga


TSLA - Tesla Cybertruck Early Reservation Spots Fetch Big Bucks On eBay: Would You Pay $10K To Get Yours ASAP? | Benzinga

Electric vehicle leader Tesla Inc (NASDAQ:TSLA) completed the first deliveries of the highly anticipated Cybertruck electric pickup truck recently.

The extensive waiting list for the Cybertruck could result in several years of delay before some customers get their vehicle. Some people who want a Cybertruck are turning to auction site eBay Inc (NASDAQ:EBAY) to get some help in advancing their position in line.

What Happened: A production ramp-up of the Cybertruck could see the company produce 250,000 units annually by 2025. Before reaching this target, fewer Cybertrucks will be made, and select models in the "Foundation Series" might be priced above $100,000.

The Foundation Series Cybertrucks are limited edition versions and will be among the first delivered by Tesla to the public. While the price tag for the early deliveries are high, some people are willing to shell out additional dollars to move up in the line.

First unveiled in November 2019, the Cybertruck had over 250,000 reservations within a week through a $100 refundable deposit. Tesla ...

Full story available on Benzinga.com

Stock Information

Company Name: Tesla Inc.
Stock Symbol: TSLA
Market: NASDAQ
Website: tesla.com

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