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Tesla’s long-awaited Cybertruck will be released on November 30. Tesla has released the sale terms for the Cybertruck and one of them says Tesla will sue you for $50,000. Here’s why and when?
The customers who are set to receive the first Tesla Cybertrucks this November are banned from reselling it during their first year, according to Tesla’s terms and conditions. Tesla added a section titled ‘For Cybertrick Only’ to its Motor Vehicle Order Agreement.
‘You agree that you will not sell or otherwise attempt to sell the Vehicle within the first year following your Vehicle’s delivery date. 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 reads.
However, if a customer has a good reason to sell their Cybertruck, Tesla may 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.’
Cybertruck was first announced in 2019 and Tesla originally said the price would start at $39,900 but it might be much more expensive.
