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Tesla quietly removes no-resale policy from Cybertruck sales agreement

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Tesla appears to have removed a policy banning the resale of the Cybertruck, as spotted this week in the unique electric vehicle’s (EV’s) sales agreement.

On Tuesday, some X users pointed out that Tesla had quietly removed the Cybertruck no-resale policy from its sales agreement, which banned buyers from selling their Foundation Series Cybertrucks within a year of taking delivery, at the risk of paying a $50,000 or more penalty. The removal of the section comes as Tesla has begun selling Foundation Series Cybertrucks more broadly, as buyers can simply purchase the EVs from the company’s online order configurator instead of having to purchase a reservation.

You can see the updated sales agreement below, along with the removed paragraph about the no-resale policy below that.

Credit: Tesla (via TheRealDriiZZy on X)

Credit: Tesla

Despite the policy applying previously, some still took to re-selling their Cybertrucks and taking the risk, while many expressed negative sentiments about the requirement. Tesla has also banned some re-sellers from buying its vehicles again, as was included in the now-missing paragraph.

“Moving forward, any future orders placed by you will be cancelled without a refund of the $100 reservation or $250 order fee as official notification has been provided to you regarding this matter,” wrote Tesla in an email to a person who re-sold a Cybertruck in March.

The seller went on to say that Tesla also canceled two additional Cybertruck orders that had been placed, and they believe that they were found out from the VIN they shared on a CarGurus listing.

Tesla is expected to continue building the Foundation Series launch edition of the Cybertruck until a year following the initial delivery event, which took place last November. The automaker has been ramping up production of the Cybertruck at its Gigafactory in Austin, Texas, and the EV has recently been named the top-selling vehicle in the U.S. above $100,000 for the past two months.

I took a Tesla Cybertruck Demo Drive — Here’s what I learned

What are your thoughts? Let me know at zach@teslarati.com, find me on X at @zacharyvisconti, or send us tips at tips@teslarati.com.

The post Tesla quietly removes no-resale policy from Cybertruck sales agreement appeared first on TESLARATI.


Source: https://www.teslarati.com/tesla-removes-no-resale-policy-cybertruck/


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