According to news on November 15, last weekend, Tesla asked early owners of Cybertruck electric pickup trucks not to resell them. If they sell it within a year, they will have to pay $50,000 in liquidated damages. But later, Tesla updated the contract and deleted the prohibition on resale.
There are reports that Tesla may sue owners who try to resell the Cybertruck. Tesla said at the time that if the owner resold the vehicle within the stipulated period, the company would file a lawsuit against the owner, demanding $50,000 in liquidated damages. If the owner profits more from it, the company will demand higher compensation. For those who do need to sell their car, Tesla must be notified in writing beforehand, and the company reserves the right of first refusal. In addition, the car purchase contract did not clearly stipulate the validity period of this clause.
However, Tesla may have changed its stance after the news broke. The "Cybertruck only" stipulation has been removed from the car purchase contract on Tesla's website. But the contract still contains dealer-related clauses, which mainly apply to car dealers and have been included in many versions of the contract in the past.
There's been a lot of chatter about Tesla's contract clause prohibiting resale of the Cybertruck. On the one hand, no one likes scalpers, and such terms will help curb them from reselling used cars. But on the other hand, no one likes to be told what to do with their car. Once you buy a car, it's yours and the owner should be able to make their own decisions.
Such clauses are uncommon by any means, but other companies have used them, especially on higher-priced, scarcer models. Companies like Ferrari, Ford and Porsche have no-resale clauses.
For a mass-produced vehicle, the Cybertruck starts at $40,000. Tesla has stated that it has a production capacity of 125,000 vehicles per year, which makes such terms seem strange.
It's still possible that the clause prohibiting resale of the Cybertruck will reappear in future car purchase contracts, or it may appear in Cybertruck-specific agreements signed by early owners.