Tesla Cybetruck resellers could face a serious lawsuit if they decide to sell their electric pickup truck less than a year after receiving the EV. This was revealed by the American automaker's new motor vehicle order agreement for the futuristic-looking pickup truck.
Since it's hard to be the first buyer to receive the new Tesla e-pickup truck, some who are already waiting for their Cybetrucks could consider reselling their EVs to earn a hefty amount of money.
If you are one of them, here's what you need to know about the Cybertruck's motor vehicle order agreement.
Tesla Cybertruck Resellers Could Face Lawsuit
According to Mashable's latest report, Tesla will sue those selling their Cybertrucks less than a year after receiving the electric pickup truck.
As of writing, the giant EV maker is expecting the first batch of deliveries to start rolling out on Nov. 30. If this happens, then Cybertruck owners must wait until December 2024 before they can resell their EVs.
"You understand and acknowledge that the Cybertruck will first be released in limited quantity," explained Tesla via its official Cybertruck motor vehicle order agreement.
"You agree that you will not sell or otherwise attempt to sell the Vehicle within the first year following your Vehicle's delivery date," added the electric carmaker.
Read Also : Elon Musk Promises 200,000 Tesla Cybertrucks Yearly, Reveals New 'Beast Mode' Version of EV
What Cybertruck Agreement Violators Could Face
The automaker explained that if Cybetruck owners breach the motor vehicle order agreement, Tesla may seek injunctive relief to prevent the title transfer for the Cybertruck.
Tesla could also demand liquidated damages from the agreement violator of $50,000 or the value received as consideration for the sale or transfer. The automaker will choose which one is higher in value.
But, the worst thing about breaching the Cybertruck agreement is that Tesla will never sell violators any of its next-generation electric vehicles, even if these new EVs are not Cybertrucks.
What's Cybertruck Agreement Exception?
Of course, Tesla will still allow some Cybertruck owners to resell their electric pickup trucks less than a year after the delivery. The automaker explained that the EV owner should provide a reason that Tesla will agree.
Once Tesla agrees that the owner's reason warrants an exception to its "no reseller policy," the client should give the automaker reasonable time to purchase the Cybetruck at its sole discretion.
If Tesla decides not to purchase your Cybertruck, that's the time you can sell it to other interested buyers. But you still need to receive written consent from the automaker.
