Tesla Will Sue for $50K If You Try to Resell Your Cybertruck in the First Year

Tesla Cybertruck resale rules

 

According to Tesla’s terms and conditions, customers who are scheduled to receive the first Tesla Cybertrucks this November are not permitted to resell their cars for the first year. The updated Motor Vehicle Order Agreement from Tesla included a section labeled “For Cybertruck Only” that outlined the new guidelines.

 

“In order to prevent the title from being transferred to the car, Tesla may demand liquidated damages from you in the amount of $50,000 or the value obtained as consideration for the sale or transfer, whichever is greater. Additionally, it says that Tesla may decide not to sell you any more vehicles in the future.

 

However, Tesla may consent to purchase a Cybertruck back from a client if they have a legitimate cause to sell it, deducting “$0.25/mile driven, reasonable wear and tear.” Tesla may then consent to allow the customer to sell the car to another party if it decides not to buy it.

 

Reselling can be challenging because a lot of the software used in Tesla EVs is subscription-based. According to Fast Company, the Full Self-Driving option, which may cost up to $199 a month, cannot be transferred to a new owner. Tesla first stated that the truck would start at $39,900, but given the high cost of the building materials, the final price will probably be substantially higher.

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