After exposure, Tesla removed the "no resale" Cyberrack clause
On November 15th, it was reported that over the weekend, Tesla requested car owners who purchased Cybertruck electric pickup trucks in the early stages not to resell them. If they resell within a year, they will need to pay a penalty of $50000
On November 15th, it was reported that over the weekend, Tesla requested car owners who purchased Cybertruck electric pickup trucks in the early stages not to resell them. If they resell within a year, they will need to pay a penalty of $50000. But later, Tesla updated the contract and removed the relevant content prohibiting resale.
There are reports that Tesla may sue car owners who attempt to resell Cyberrack. Tesla stated at the time that if the owner resells the vehicle within the specified period, the company will file a lawsuit against them, demanding a penalty of $50000. If car owners profit more from it, the company will demand higher compensation. For those who do need to sell cars, Tesla must be notified in writing in advance, and the company reserves the right of first refusal. In addition, the car purchase contract does not explicitly specify the validity period of this clause.
However, after the news broke out, Tesla may have changed its stance. The purchase contract on Tesla's website has removed the provision for 'Cyberrack only'. However, the contract still includes clauses related to dealers, which mainly apply to car dealers and have been included in many previous contract versions.
There is a lot of discussion about Tesla's contract terms prohibiting the resale of Cyberrack. On the one hand, no one likes scalpers, such clauses help curb their resale of used cars. But on the other hand, no one likes to be told how to handle their car. Once you buy a car, it is your own and the owner should be able to make their own decisions.
Anyway, such clauses are not common, but other companies have also used them, especially for expensive and scarce models. Companies such as Ferrari, Ford, and Porsche all have clauses prohibiting resale.
For a mass-produced car, the starting price of the Cyberrack is $40000. Tesla has stated that its annual production capacity is 125000 vehicles, which makes such terms seem strange.
The clause prohibiting the resale of Cyberrack may still reappear in future car purchase contracts, or may appear in specific Cyberrack agreements signed by early car owners. (Chen Chen)
Tag: After exposure Tesla removed the no resale Cyberrack clause
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