
Tesla removes clause that prevents owners from selling the Cybertruck within the first year unless the brand first offers a buyback opportunity
August 29, 2024 12:49

- Tesla has removed the resale restriction clause from the Cybertruck sales agreement.
- Owners who resell the Cybertruck without offering Tesla a buyback could face a $50,000 fine.
- The electric car maker does not appear to be fining people who flip their cars.
Tesla is no longer threatening to sue owners of flipped Cybertrucks and has removed a contract clause that could have also allowed the automaker to blacklist certain owners from buying future vehicles.
The Cybertruck has been surrounded by controversy since its launch late last year, but nothing has irked fans more than the strict sales agreement that all new Tesla Cybertruck buyers must sign. Tesla stipulates that buyers may not sell or attempt to sell their vehicle within the first year without first giving the brand the opportunity to buy it back at the final suggested retail price (minus $0.25 per mile).
Read: Tesla blocks Cybertruck resale and buybacks, buyers in limbo
Those who fail to comply and sell their cars on the used market will face liquidated damages of $50,000, “or the value of the transferred sales consideration, whichever is greater.” Tesla also said it has the right to refuse to sell any future cars to violators.
Despite these harsh threats, hundreds of early Cybertruck reservation holders quickly flipped their cars, many at a tidy profit. The used Cybertruck market has since collapsed, and it is now possible to order a new vehicle from Tesla’s website and have it delivered within a few weeks.

With that in mind, Tesla has removed the clause from the pickup’s sales agreement. Electrek doesn’t know who Tesla actually asked for the $50,000 from, but reports suggest that Tesla contacted Cybertruck resellers and blacklisted them from future purchases, as Teslarati noted.
Despite all the negative press the Cybertruck has received, it was the best-selling six-figure vehicle in the U.S. in July, beating out traditional gas-powered trucks and every other vehicle in its price range.

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