Tesla Announces It Could Sue Cybertruck Resellers Up To $50K For Flipping It Too Soon

If you have a Tesla Cybertruck on order, you better plan on keeping it for a while!

The surge in demand coupled with a shortage in supply has led automotive manufacturers to overhaul the traditional car-buying process, implementing stringent rules and regulations. These measures aim to curb the activities of resellers who seek to profit from flipping high-demand new cars, trucks, and SUVs, ensuring that these vehicles reach genuine customers and enthusiasts at fair market prices. While Tesla has long since kept up with the high demand for its popular lineup, the EV conglomerate is starting to face the sad reality of automotive resellers with upcoming deliveries of the highly-anticipated Telsa Cybertruck. Tesla recently re-wrote their Motor Vehicle Order Agreement to state that any customer who disregards the “No Resellers; Discontinuation; Cancellation” portion of the contract could face legal action from the world-renowned EV automaker. 

While other OEMs have tested this security strategy with other popular and exclusive sports cars, most stress a customer stop sale as the worst-case scenario. For Tesla, the punishment of selling your Cybertruck before the grace period could result in an additional $50,000 fine on top of never having the opportunity to purchase another model from the brand. For those who locked in pricing upon its initial launch and have already capitalized on the increased pricing for the self-driving option, ownership will have to take place for an extended period of time before legally selling the EV Cybertuck. The new section of Tesla’s Motor Vehicle Order Agreement stipulates that the resell clause is implemented “For Cybertruck Only.” View all Tesla EV models currently for sale on duPont REGISTRY by clicking the link below.

Source: Tesla