{"id":1202231,"date":"2023-11-12T12:31:37","date_gmt":"2023-11-12T17:31:37","guid":{"rendered":"https:\/\/www.prime-wow.com\/?p=1202231"},"modified":"2023-11-12T12:31:37","modified_gmt":"2023-11-12T17:31:37","slug":"tesla-fine-print-says-it-may-sue-cybertruck-resellers-for-50k-if-they-flip-it-too-soon","status":"publish","type":"post","link":"https:\/\/www.prime-wow.com\/?p=1202231","title":{"rendered":"Tesla fine print says it may sue Cybertruck resellers for $50K if they flip it too soon"},"content":{"rendered":"<p>A new \u201cCybertruck Only\u201d clause in <a data-i13n=\"elm:context_link;elmt:doNotAffiliate;cpos:1;pos:1\" class=\"no-affiliate-link\" href=\"https:\/\/www.tesla.com\/configurator\/api\/v3\/terms?locale=en_US&amp;model=m3&amp;saleType=Sale\" data-original-link=\"https:\/\/www.tesla.com\/configurator\/api\/v3\/terms?locale=en_US&amp;model=m3&amp;saleType=Sale\">Tesla\u2019s<\/a> purchase agreement stipulates that buyers cannot sell their new vehicle within the first year unless they have explicit permission from the automaker, or they may be sued. The company just updated its Motor Vehicle Order Agreement ahead of <a data-i13n=\"elm:context_link;elmt:doNotAffiliate;cpos:2;pos:1\" class=\"no-affiliate-link\" href=\"https:\/\/www.engadget.com\/tesla-begins-cybertruck-deliveries-on-november-30-210430697.html\" data-original-link=\"https:\/\/www.engadget.com\/tesla-begins-cybertruck-deliveries-on-november-30-210430697.html\">the first Cybertruck deliveries<\/a>, which it said last month are on track for November 30.<\/p>\n<p>Under the terms, which have been making the rounds on social media this weekend, Tesla states that it \u201cmay seek injunctive relief to prevent the transfer of title of the Vehicle\u201d if buyers breach its resale provision, or it may \u201cdemand liquidated damages from you in the amount of $50,000 or the value received as consideration for the sale or transfer, whichever is greater.\u201d The terms also warn that offending resellers could be barred from buying vehicles from Tesla in the future.<\/p>\n<p><span id=\"end-legacy-contents\" \/><\/p>\n<p>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 \u2014 deducting $0.25 per mile driven, plus wear and tear, and the cost of any necessary repairs \u2014 or allow the owner to resell the truck to a third-party buyer. Tesla\u2019s Cybertruck is only being released to a small number of select customers at first and <a data-i13n=\"elm:context_link;elmt:doNotAffiliate;cpos:3;pos:1\" class=\"no-affiliate-link\" href=\"https:\/\/www.engadget.com\/tesla-cybertruck-mass-production-164029626.html\" data-original-link=\"https:\/\/www.engadget.com\/tesla-cybertruck-mass-production-164029626.html\">won\u2019t enter mass production until 2024<\/a>, so naturally, the company is trying to get ahead of resellers looking to cash in on the vehicle\u2019s rarity.<\/p>\n<p>This article originally appeared on Engadget at https:\/\/www.engadget.com\/tesla-fine-print-says-it-may-sue-cybertruck-resellers-for-50k-if-they-flip-it-too-soon-173137300.html?src=rss&#013;<br \/>\n&#013;<br \/>\nSource: Engadget &#8211; <a href=\"https:\/\/www.engadget.com\/tesla-fine-print-says-it-may-sue-cybertruck-resellers-for-50k-if-they-flip-it-too-soon-173137300.html?src=rss\" target=\"_blank\" rel=\"noopener\">Tesla fine print says it may sue Cybertruck resellers for K if they flip it too soon<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new \u201cCybertruck Only\u201d clause in Tesla\u2019s purchase agreement stipulates that buyers cannot sell their new vehicle within the first year unless they have explicit permission from the automaker, or they may be sued. The company just updated its Motor &hellip; <a href=\"https:\/\/www.prime-wow.com\/?p=1202231\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[99,110],"tags":[98],"class_list":["post-1202231","post","type-post","status-publish","format-standard","hentry","category-engadget","category-unfiltered-rss","tag-engadget"],"_links":{"self":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1202231","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1202231"}],"version-history":[{"count":0,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1202231\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1202231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1202231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1202231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}