Tesla Cybertruck

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Russian Cybertruck made from a Lada.

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The Cyberkart Is a Tiny Two-Stroke Tesla Tribute | Road & Track

by Chris Perkins
Dec 26, 2019

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Tesla fine print says it may sue Cybertruck resellers for $5K if they flip it too soon

Under the terms, which have been making the rounds on social media this weekend, Tesla states that it “may seek injunctive relief to prevent the transfer of title of the Vehicle” if buyers breach its resale provision, or it may “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 warn that offending resellers could be barred from buying vehicles from Tesla in the future.

Tesla says it may grant exceptions to some people wishing to sell their Cybertruck within the first year, but they must get written consent. If the company does agree, it will either buy the car back at a reduced price — deducting $0.25 per mile driven, plus wear and tear, and the cost of any necessary repairs — or allow the owner to resell the truck to a third-party buyer. Tesla’s Cybertruck is only being released to a small number of select customers at first and won’t enter mass production until 2024, so naturally, the company is trying to get ahead of resellers looking to cash in on the vehicle’s rarity.

Tesla has placed a fine print of not to re-sell the Cybertruck within one year with exceptions of course.

Sadly, those provisions wont work in our settings to dissuade re sellers of hot model units of Toyota.