The Tesla Cybertruck, which could be the electric vehicle world’s most polarizing vehicle, has yet to hit the roads, but one early model has already been sold. The stage for this unusual sale was the Petersen Auto Museum’s 29th Gala in Los Angeles, where the truck fetched a staggering $400,000. Though a notable sum, it pales in comparison to the first 2024 GMC Hummer EV, which was auctioned for $500,000.

The 2024 GMC Hummer EV was recently auctioned for $500,000

The Petersen Auto Museum and Tesla share a unique bond, often showcasing the automaker’s prototypes. This relationship has led to the museum hosting the “most comprehensive gathering of Tesla products” to date. Yet, the question remains: what does the auction of this Cybertruck signify for the two million reservation holders still waiting for their electric pickups?

Tesla Cybertruck

The vehicle has seen multiple delays since its November 2019 reveal, frustrating Tesla fans eager to see the zero-emissions truck on the road. While this auctioned truck’s VIN has yet to be disclosed, it raises concerns among reservation holders who expected to be the first in line. Tesla CEO Elon Musk, known for having VIN 001 for his original Roadster, adds another layer of uncertainty to the mix.

The auction comes at a time when “manufacturing confirmation” Cybertrucks were recently spotted at Tesla’s Texas Gigafactory, hinting that mass production may finally be on the horizon. But for many reservation holders, the auction feels like a snub. Despite their longstanding patience, someone else—someone attending a swanky, high-dollar event—will be the first to own this highly anticipated electric pickup.

Tickets for the Petersen Gala weren’t pocket-friendly either—a single seat went for $1,750, while a “premier” table cost a whopping $30,000. This exclusivity leaves reservation holders pondering the fairness of it all. Will Elon Musk make amends, or is this just another bump in the road toward the Cybertruck’s full-scale production? Only time will tell.

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