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A Used Tesla Model 3 Was Briefly Listed for $150,000

Over 400,000 people have reserved the vehicle.

Kyree LearyOctober 15th 2017

A Wild Tesla Model 3

On Wednesday, October 10, the first Tesla Model 3 went on sale on Craigslist. The asking price? $150,000.

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Only Tesla employees and company insiders are getting their Model 3s delivered ahead of regular customers, suggesting the car belonged to someone in either group. According to Electrek, the car and, presumably, the listing both belong to a Tesla Monterey employee. However, the Craigslist page has since been taken down. The listing read:

First ever Tesla Model 3 for sale. Car is lightly used with just over 2,000 miles. This is a unique opportunity to own one of the most anticipated cars ever. Skip the line of over 400,000 people and buy the car of the future now! Car is fully loaded with the 310 Mile Long Range Battery, Panoramic Glass Roof, Premium Interior, Sound System and Aero Wheels. Car has been great for the past 2,000 miles and a unique circumstance is forcing me to part with the car. Fit and finish are excellent for an early production model. This car meets all of the hype and I plan on owning another in the future.

High Demand

$150,000 is a high price, coming in at quadruple the base price of the Model 3. That said, a slowed production of the vehicles could prompt those with enough money to eagerly buy the car through whatever means present themselves; it’s not unlike Tesla fans to buy things prematurely.

Apparently, Tesla foresaw something like this happening, and added a few lines prohibiting employees from selling it to make a profit.

“Because employees are receiving special priority, all Model 3 cars prioritized to employees must be registered to you or your family member and may not be resold for more than the original price. Reservation holders will agree to these terms when their order is placed.”

Tesla CEO Elon Musk said in July that the company should be able to produce 20,000 vehicles a month by December. It was supposed to hit 1,500 in September, but only managed to deliver 260. It’s unclear if the company still believes 20,000 a month is still achievable.

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