Tesla has changed its mind about fining $50,000 to Cybertruck buyers who can resell the electric pickup within a year of purchase

A Tesla car buyer's user agreement revealed information that said the company would penalise customers for reselling a Cybertruck less than a year after purchase. But the penalty clause is now gone.

Here's What We Know

According to an early version of the agreement, the buyer of the Cybertruck would have committed not to sell the electric pickup truck within the first year of purchase. The vehicle itself was unveiled in 2019, but sales have yet to begin.

It's not hard to assume that the Cybertruck will be a scarce vehicle at the start of sales. The introduction of the clause banning resale of the pickup within a year reflected Tesla's desire to combat resellers looking to cash in on the hype surrounding the vehicle.

An early revision of the user agreement stated that the fine would have been $50,000. With good cause, Tesla could have approved the resale of the electric pickup truck, but the company would have been given priority repurchase rights.

In addition, if the agreement was violated, Tesla could blacklist the buyer and refuse to sell other electric vehicles. Apparently, these terms had to be removed to avoid more litigation.

Source: electrek