Current Events > Tesla will sue you for $50k if you try to resell your Cybertruck in the 1st year

(+) Yeah! (+)

https://www.businessinsider.com/tesla-sue-cybertruck-buyers-they-resell-in-first-year-2023-11

Customers set to receive the first Tesla Cybertrucks this November can't resell their vehicles during the first year, according to Tesla's terms and conditions.

Tesla added a section titled "For Cybertruck Only" to its Motor Vehicle Order Agreement, which laid out the new rules.

"You agree that you will not sell or otherwise attempt to sell the Vehicle within the first year following your Vehicle's delivery date," it says.

"Tesla may seek injunctive relief to prevent the transfer of title of the Vehicle or demand liquidated damages from you in the amount of $50,000 or the value received as consideration for the sale or transfer, whichever is greater. Tesla may also refuse to sell you any future vehicles," it says.

But if a customer has a good reason to sell their Cybertruck, Tesla may agree to buy it back at the original price minus "$0.25/mile driven, reasonable wear and tear, and the cost to repair the Vehicle to Tesla's Used Vehicle Cosmetic and Mechanical Standards."

If Tesla does not want to purchase the vehicle, the company may then agree to let the customer sell it to someone else.

Given the subscription model of much of the software Tesla EVs use, resale can be complicated. The Full Self-Driving feature, which costs up to $199 per month, is not transferable to a new owner, Fast Company reported.

First announced in 2019, the Cybertruck is Tesla's first new product in years, and it is expected to shake up the electric pickup-truck market. Tesla originally said the price of the truck would start at $39,900, but it's likely to be much more expensive due to pricey building materials.

Elon Musk said in an earnings call earlier this year that it would take a year to 18 months before the EV truck can become a significant cash-flow contributor, adding that he hoped production of the Cybertruck would reach a quarter of a million annually by 2025.

I don't think that's going to survive a court challenge lol

what the fuck

Bio1590 posted...

https://www.businessinsider.com/tesla-sue-cybertruck-buyers-they-resell-in-first-year-2023-11

I don't think that's going to survive a court challenge lol

There is precedence for this type of language in a new car contract. John Cena actually got caught up in selling a car after signing that he wouldnt for the first two years.

https://www.caranddriver.com/news/a21622751/the-flip-that-flopped-john-cena-and-ford-settle-gt-resale-lawsuit/

I think it may have to do with the people who bought it early at a much much lower price. Price is almost double now for msrp so its a nice opportunity for some to flip them.

Bio1590 posted...

First announced in 2019, the Cybertruck is Tesla's first new product in years, and it is expected to shake up the electric pickup-truck market. Tesla originally said the price of the truck would start at $39,900, but it's likely to be much more expensive due to pricey building materials.

ROFL. They're already too late.

Also ..so much red tape around this car. Its gonna tank the stock isnt it

Have you seen it struggling to get up a hill?

https://www.youtube.com/watch?v=u7W6a3thYm8

Didn't Justin Bieber get sued for painting his Lambo or something. Car companies are wack.

F f f f f freedom!!!

The freedom of Elon musk is "I have the money. I Make the rules freely!! That's what freedom means!"

Cybertruck be looking like:

https://i.ytimg.com/vi/XCbk_xJZRA0/maxresdefault.jpg

Bio1590 posted...

First announced in 2019, the Cybertruck is Tesla's first new product in years, and it is expected to shake up the electric pickup-truck market.

Lmao, expected by whom?

They know people will want to dump their cybertrashcan within the first year of using that piece of shit.

Yet another reason to never put so much as one cent in the Muskrat's bank accounts.

Its because they wont be able to reach high volume production. If they could they wouldnt care as much about this. Only reason I can think of.

Looks fugly

Alucard188 posted...

Cybertruck be looking like:

https://i.ytimg.com/vi/XCbk_xJZRA0/maxresdefault.jpg

imma be real, i love the aesthetic of it. i just hate that it's tesla. if they started selling cars that looked all polygonal and stupid and it was some new brand entering the market with cheap autos, i'd be down.