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Stock impact report

The Crazy, Confused World Of Used Cybertruck Pricing (Update) [Forbes]

CarGurus, Inc. - Class A (CARG) 
Last cargurus, inc. - class a earnings: 2/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.cargurus.com/investor-relations
Company Research Source: Forbes
NurPhoto via Getty Images I'm still trying to wrap my head around the used Cybertruck market. Dealers aren't helping. I asked four dealers in Los Angeles — a red hot market for Cybertrucks — about pricing and only one gave me a semi-rational answer. ( This is an update to a similar story I wrote in October Used Cybertruck prices are way down from February but asking price is still above new prices from ... [+] Tesla. Credit: CarGurus Backdrop: Tesla delivered the first Cybertrucks at the end of last year, albeit at a lavish price of $100,000 for the Foundation Series. The lucky few who got the initial deliveries — and were willing to pay a premium for the Foundation Series — were able to flip low-mileage CTs at inflated prices. Asking prices went as high as $200,000 in the February-March timeframe, according to CarGurus' Used Tesla Cybertruck pricing trends page That was then. The Cybertruck market is a very different animal now. Today, Tesla is selling new AWD CTs for $7 Show less Read more
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