Just before the initial rollout of Cybertruck deliveries, attention was drawn to a stipulation in a Tesla document that initially posed the threat of a substantial lawsuit – a minimum of $50,000 – against owners attempting to sell the vehicle within the first year of acquisition. Despite initially adhering to this condition, Tesla has since reversed its position, indicating a shift in strategy aimed at discouraging premature resale of the highly awaited electric truck.
In the Tesla Motor Vehicle Order Agreement Terms & Conditions, a dedicated section exclusively addressed the Cybertruck, delineating explicit regulations on resale. The document unequivocally outlined the potential legal repercussions, specifying damages amounting to either “$50,000 or the value received as consideration for the sale or transfer, whichever is greater.”
The earlier iteration of Tesla’s documentation imposed stringent restrictions on resale, outrightly prohibiting any sale within the initial 12 months of ownership. Exceptions necessitated written permission from Tesla, underscoring the company’s exclusive authority in evaluating resale requests for these Cybertruck units. In such instances, deductions would cover costs like repair expenditures and a flat fee of $0.25 per mile on the odometer.
The updated Cybertruck Motor Vehicle Pre-Order Agreement is notably silent on the previously specified resale rules. However, it maintains a robust “No Resellers” policy, with any violation of this clause incurring punitive measures.
The document explicitly declares, “We may unilaterally cancel any order that we believe has been made with a view toward resale of the Vehicle or that has otherwise been made in bad faith.” Surprisingly, there is no indication of the company blocking future purchases of Tesla vehicles for individuals found in breach of this policy.
