Tesla is throwing in a curveball for Cybertruck buyers with a fresh clause in its purchase agreement. Hold your horses, because according to the new “Cybertruck Only” rule, if you snag the futuristic vehicle, you can’t just turn around and sell it within the first year without a nod from Tesla. If you do, brace yourself for a potential lawsuit.
The updated Motor Vehicle Order Agreement, paving the way for the Cybertruck’s debut at the end of November, lays it out plain and simple. Tesla isn’t joking when it says it might take legal action to stop the transfer of your Cybertruck’s title if you break the resale rules. And if that’s not enough, they might hit you up for $50,000 or the value you got from the sale – whichever hurts your wallet more. Oh, and there’s a threat of being cut off from buying any more Teslas if you dare to break the rules.
Tesla does throw a lifeline, though. They might cut some slack for those itching to sell within the first year, but it comes with conditions. You’ve got to get written consent from the big T. If they agree, you’ve got two options: they’ll buy the Cybertruck back from you at a discounted price, factoring in mileage, wear and tear, and any repairs needed, or they’ll give you the green light to sell it to someone else.
Why the hard line? Well, the Cybertruck is hitting the roads in limited numbers at first, and it won’t go full-scale until 2024. Tesla’s just trying to keep a lid on resellers looking to cash in on the vehicle’s exclusivity.
