Tesla will sue you for $50,000 if you try to resell your Cybertruck in the first year
businessinsider.com
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.
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is this even legal ?
Presumably, as a term of delivery, you'll sign an agreement not to sell with 50K USD as the liquidated damages. So, yeah probably.
You can sue anyone anywhere anytime. If you have really good expensive lawyers you might just win.
It probably is, a la Ferrari.
Hopefully it gets challenged.
it's been done before by plenty of other auto companies. I remember Toyota had that for the LFA, Ford did it with the GT, etc.
I do not believe it would be unless you had previously signed a contact agreeing to the conditions. If that doesn't hold water I could see tesla arguing that you are allowed to sell the vehicle however you may not sell the software included in the vehicle as that's their intellectual property and they only authorized you to use it. And since you can't separate the software from the vehicle it would accomplish the same thing.