this post was submitted on 12 Nov 2023
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Tesla will sue you for $50,000 if you try to resell your Cybertruck in the first year (www.businessinsider.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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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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[โ€“] jwt@programming.dev 3 points 1 year ago (1 children)

Yeah for the people in question (buying ferraris/teslas) that blacklisting part might be deterrence enough. Still, even in that real estate covenant construction you mention, that 'something' they stipulate cannot be unlawful I think.

[โ€“] Raxiel@lemmy.world 1 points 1 year ago

If they simply forbade resale, it would be an unenforceable term. The obligation on them to buy it back (at an agreed price) in order to enforce the term likely makes it legal.