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Home Market dynamics

Tesla restructures Cybertruck purchase terms, removing one-year resale ban

Author: Mash Yang
2023-11-15
in Market dynamics, Life
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Earlier, it was reported that Tesla required early buyers of the electric pickup Cybertruck not to resell it within one year of obtaining the vehicle, otherwise they would face legal action and have to pay a penalty of $5.Adjust the contract content, and remove the prohibition on resale clause.

Tesla restructures Cybertruck purchase terms, removing one-year resale ban

The market has different views on Tesla's previous one-year resale ban. Some believe that Tesla's approach can reduce the chaos of people reselling cars at high prices, but others believe that such an approach affects their car purchasing rights.

The reason why Tesla initially proposed this clause may have been simply to prevent the private transfer process of vehicles from affecting the actual selling price when there was a shortage of vehicles that could be delivered. However, since it restricted general normal trading rights, it inevitably caused protests from many car owners, and perhaps this was the reason why the terms of the car purchase contract were adjusted.

Currently, in the new version of the car purchase contract, Tesla has removed the clause prohibiting the resale of Cybertruck within one year, but still retains the relevant restrictive clauses for dealers to prevent dealers from transferring orders privately.

In addition to Tesla, car manufacturers including Ferrari, Porsche, and Ford have also formulated anti-resale clauses for scarce models or specific high-priced models to avoid affecting the normal market trading mechanism.

Tags: CybertruckEV carTeslaelectric car
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Mash Yang

Mash Yang

Founder and editor of mashdigi.com, and student of technology journalism.

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