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    Home»Trending»Tesla Will Sue You If You Sell Cybertruck In First Year of Purchase
    Trending

    Tesla Will Sue You If You Sell Cybertruck In First Year of Purchase

    Steve AdcockBy Steve AdcockNovember 12, 20232 Mins Read
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    Image credit: Tesla
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    Here’s a new one: Telsa’s new sales terms restrict customers from reselling their Telsa Cybertruck within the first year of the purchase, according to Business Insider.

    “You agree that you will not sell or otherwise attempt to sell the Vehicle within the first year following your Vehicle’s delivery date,” the terms state.

    The terms say Tesla might seek legal damages if any customer dares sell their Cybertruck against Tesla’s policy.

    “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.”

    The terms also state that they reserve the right to refuse to sell you any other vehicles if caught.

    Tesla also stated they might buy back the Cybertruck, minus .25 per mile, if the customer has a good reason to sell. If Tesla doesn’t want the vehicle back, they may allow the customer to resell the Cybertruck themselves.

    The Cybertruck is Telsa’s most ambitious project yet. With its distinctive design, you won’t mistake the Cybertruck for any other type of truck. Tesla claims the truck can tow 14,000 pounds with a 500-mile estimated driving range.

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    Steve Adcock
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    Steve Adcock quit his job after achieving financial independence at 35 and writes about the habits millionaires use to build wealth and get into the best shape of their lives. As a regular contributor to The Ladders, CBS MarketWatch, and CNBC, Steve maintains a rare and exclusive voice as a career expert, consistently offering actionable counseling to thousands of readers who want to level up their lives, careers, and freedom. Steve lives in a 100% off-grid solar home in the middle of the Arizona desert and writes on his own website at MillionaireHabits.us.

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