Tesla agreed that “you will not sell or otherwise attempt to sell the Vehicle within the first year following your Vehicle’s delivery date” in the “For Cybertruck Only” part of its Motor Vehicle Order Agreement.
“Tesla may claim liquidated damages from you in the amount of $50,000 or the value received as consideration for the sale or transfer, whichever is larger, in order to block the transfer of title to the vehicle. Also, Tesla might decline to sell you any more cars in the future,” it stated.
Tesla may, however, offer to buy back a client’s Cybertruck at the original price less “$0.25/mile driven, reasonable wear and tear, and the cost to repair the Vehicle to Tesla’s Used Vehicle Cosmetic and Mechanical Standards” if the customer has a valid cause to sell.
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Tesla may consent to let the customer to sell the car to another party if it decides not to purchase it.
2019 saw the initial announcement of Tesla’s Cybertruck, the company’s first new product in years that is sure to upend the electric pickup truck market.
Although Tesla previously said the truck would start at $39,900, it is anticipated to cost significantly more because of the high cost of the construction materials.
