Tesla Lifts No-Resale Ban on Cybertruck Sales Agreement

Tesla Lifts No-Resale Ban on Cybertruck Sales Agreement

Tesla has recently made a notable change to its sales agreement for the Cybertruck, quietly eliminating the previous policy that prohibited buyers from reselling the vehicle within one year of delivery. This update, observed by users on social media platform X, allows Cybertruck owners more freedom regarding their vehicles, removing the risk of facing a hefty penalty of $50,000 or more for resale.

The modification to the sales agreement comes as Tesla begins to sell the Foundation Series Cybertruck more widely. Customers can now order the electric vehicle directly from the company's online configurator, eliminating the need to secure a reservation prior to purchase. The updated agreement reflects Tesla's growing commitment to consumer accessibility and flexibility.

Previously, the no-resale policy had been a point of contention among buyers, leading some to take the risk of reselling their Cybertrucks, despite the potential penalties outlined in the agreement. Reports emerged of Tesla penalizing certain resellers by canceling future orders after they attempted to list their vehicles for sale. One individual reported receiving a warning from Tesla, stating that subsequent orders would be canceled without refund if they were found to have violated the terms.

As production ramps up at Tesla's Gigafactory in Austin, Texas, the company is expected to continue assembling the Foundation Series edition until a year after its inaugural delivery event last November. The Cybertruck has quickly made a name for itself in the market, being recognized as the best-selling vehicle in the U.S. that exceeds $100,000 for the past two months, signaling a strong demand for Tesla's innovative electric truck.

 

 

 

Tesla Cybertruck 2024 News From: Teslarati

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