Ji’Ayir Brown, who played in the Super Bowl, denied purchase of Cybertruck by adviser
- NFL player Ji’Ayir Brown intercepted by financial adviser when trying to buy a Tesla Cybertruck at a 130% markup
- Brown’s adviser prevented him from purchasing the vehicle, even at a lower negotiated price
- Limited supply and high demand for Cybertruck leading to inflated prices
- Some Cybertrucks resold for big profits
- Potential future delays in production and difficulty in mass manufacturing the Cybertruck
- Tesla attempting to curb reselling by adding penalties in purchase agreements
San Francisco 49ers safety Ji’Ayir Brown, known for intercepting a pass during Super Bowl LVIII, was intercepted himself when he tried to buy a Tesla Cybertruck at a 130% markup. Despite negotiating a lower price, Brown’s financial adviser prevented him from making the purchase. The high demand and limited supply of the Cybertruck have led to inflated prices, with some vehicles being resold for significant profits. Additionally, potential delays in production and the difficulty of mass manufacturing the Cybertruck have raised concerns. Tesla has attempted to discourage reselling by adding penalties in purchase agreements. Overall, Brown’s experience highlights the challenges and risks associated with buying a highly sought-after vehicle.
Factuality Level: 3
Factuality Justification: The article provides accurate information about a San Francisco 49ers player, Ji’Ayir Brown, who was intercepted by his financial adviser from buying a Tesla Cybertruck at a 130% markup. It includes details about the negotiation process, the reasons for the high markup, and the limited supply of the vehicle. However, the article contains unnecessary background information about the player’s contract and bonuses, as well as details about the dealership’s previous viral video and other unrelated information. The article also lacks depth in analyzing the broader implications of the situation.
Noise Level: 3
Noise Justification: The article provides a detailed account of a specific incident involving a football player trying to buy a Tesla Cybertruck at a high markup. It includes information about the player’s contract, bonuses, and the reasons behind the high price of the vehicle. However, the article lacks depth in terms of broader implications or analysis beyond the specific incident.
Financial Relevance: Yes
Financial Markets Impacted: The article provides information about the price of Tesla Cybertruck and the potential for reselling it at a higher price. It also mentions the stock performance of Tesla Inc.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article discusses financial topics related to the price of Tesla Cybertruck and the potential for reselling it. There is no mention of any extreme events.
Public Companies: Tesla Inc. (TSLA)
Private Companies: J&S AutoHaus
Key People: Ji’Ayir Brown (San Francisco 49ers safety), George Saliba (Owner of J&S AutoHaus), Amber Fairbanks (Portfolio manager at Impax Asset Management)
Reported publicly:
www.marketwatch.com 
