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Tesla Removes Clause Threatening to Sue Cybertruck Resellers

Move Sparks Speculation About Regulation of Resale Market as Cybertruck Launch Nears

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Overview

  • Tesla has removed a clause from its Motor Vehicle Order Agreement that threatened to sue Cybertruck owners who resell their vehicles within the first year of ownership.
  • The clause, which was specific to the Cybertruck, allowed Tesla to sue for $50,000 if a Cybertruck was sold within the first year and even gave Tesla the right to refuse future vehicle sales to those who violated this rule.
  • The removal of the clause has sparked speculation that Tesla may have been attempting to regulate the resale market for the Cybertruck as the company ramps up its production capacity.
  • The Cybertruck, which has been a subject of significant debate since its 2019 reveal, is expected to start reaching consumers by the end of this month.
  • The delivery event for Tesla’s highly-anticipated vehicle is set for Nov. 30 at the Texas Gigafactory.