Tesla has recently retracted its decision to sue customers who resell its highly-anticipated Cybertruck within one year of purchase, signaling a significant shift in the company’s strategy. The controversial “For Cybertruck Only” clause, which was previously hidden in the company’s terms of sale, has been quietly removed. While the threat of a $50,000 penalty has been eliminated, it remains unclear if there will be other repercussions for those who engage in flipping Cybertrucks for profit.
Although Tesla still maintains a “No Reselling” provision in its sales agreements, granting them the power to unilaterally cancel orders suspected of being intended for resale, the company has not disclosed specific penalties for such actions. Additionally, Tesla retains the right to retain the buyer’s order fee, order deposit, and transportation fee. It is worth noting that Tesla’s decision to reverse course raises questions about the future revocation of the language when the Cybertruck is officially launched.
The Cybertruck has been a source of challenge and delays for Tesla since its initial introduction by Elon Musk. Despite the setbacks, demand remains high, with over 1 million customers reportedly placing deposits for the vehicle. However, limited production capabilities pose a possible obstacle, as Tesla is currently only able to manufacture 125,000 Cybertrucks per year. The company aspires to double its capacity to 250,000 by 2025, but this still leaves many customers facing a substantial waiting period before being able to get behind the wheel of their Cybertruck.
This unexpected move by Tesla showcases the company’s ability to adapt and respond to customer feedback while navigating challenges in the highly competitive electric vehicle market. As the anticipation for the Cybertruck continues to build, Tesla’s decision to retract its plans to sue flippers adds an intriguing twist to the unfolding story of this revolutionary vehicle.
1. What was Tesla’s original plan regarding suing Cybertruck flippers?
Initially, Tesla had intended to sue owners who resold their Cybertrucks within one year of purchase, threatening them with a $50,000 penalty.
2. Has Tesla completely abandoned penalties for Cybertruck flippers?
While the $50,000 penalty has been removed, Tesla retains the right to unilaterally cancel orders suspected of being intended for resale and seize the buyer’s order fee, deposit, and transportation fee.
3. Could Tesla reintroduce the language in the future?
There is a possibility that Tesla may reintroduce the “For Cybertruck Only” clause when the Cybertruck is officially launched, although the company has not provided any official statements regarding this matter.