Rabbit R1, an AI-powered compact vehicle, was introduced at the 2024 Consumer Electronics Show, and its first batches sold out quickly.
Originally priced at $199, the device was put up for sale on eBay for exorbitant prices of up to $750 as soon as pre-orders sold out.
The price of the R1 on the secondary market on eBay has varied significantly, with the lowest resale value reaching $300.
One seller posted two high-priced listings that received offers pushing the cost to $690.
Rabbit founder and CEO Jesse Lyu condemned this act of opportunism on social media and urged buyers to avoid paying such high prices.
The highlight of the R1 is its Large Action Model AI technology, which can run various applications after being trained by humans.
This technology allows the device to be instructed by users to perform specific tasks.
Despite this, the R1 is still affordable for direct buyers. The first delivery is scheduled for March, and the tech community is eager to see whether the device will realize its potential.
