Tesla will sue you for $50,000 if you try to resell your Cybertruck in the first year::Tesla may agree to buy the truck back at the original price minus “$0.25/mile driven” and any damages and repairs.
Tesla will sue you for $50,000 if you try to resell your Cybertruck in the first year::Tesla may agree to buy the truck back at the original price minus “$0.25/mile driven” and any damages and repairs.
Agree on people. But to decide if this is illegal, we should know the term of the contract. What I can think is that this is not blatantly illegal, I am sure Tesla has lawyers that draft the contract, maybe we all are making a case where there is not since the contract state that for the first year the car is just rented. Questionable but not illegal.
The point of discussion is if Musk want to have a low supply or he just cannot avoid it.
In my opinion he cannot avoid it, at least as the production start and until it goes to capacity, which is true for every new car that make to the market and not only for Tesla, so he takes some (questionable) steps to try to solve what he deem a problem.