Tesla has put measures in place to discourage the resale of its coveted Cybertrucks. This development comes after a Cybertruck owner, identified as Malinecentral on the Cybertruck Owner’s Club forum, found himself in a compromising situation after attempting to explore the secondary market for his vehicle.
The electric vehicle manufacturer owned by Elon Musk has banned him from placing future vehicle orders after he advertised his Cybertruck on several car sales web portals.
Although the owner did not actually sell his vehicle, Tesla acted accordingly, sending an email canceling additional Cybertruck reservations and warning that any future orders would be canceled without refund of the applicable reservation fees.
What’s more, in this situation the company has made it clear that it will take legal measures against those who violate the non-resale agreement. In fact, Tesla has a clause that was already controversial from the moment it was introduced, which states that Cybertruck owners must refrain from selling their vehicle during the first year of ownership, under penalty of a considerable fine.
Under the terms of the contract, Tesla can seek damages of up to $50,000 or the value obtained from the sale of the vehicle, whichever is greater.
The appearance of Cybertrucks on the secondary market has generated great interest among buyers and has considerably inflated their value. As Tesla ramps up production at its Gigafactory in Austin, Texas, the availability of these vehicles is expected to improve over time. However, the company’s no-resale policy could remain an obstacle for those looking to quickly capitalize on the value of their vehicles.
