• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Wednesday, July 22, 2026
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Business

Tesla Introduces Controversial Resale Clause for Cybertruck Buyers: Potential $50,000 Lawsuit Threat

by Harikrishnan A
December 13, 2023
in Business, Electric Vehicles, Markets, News, Startups, Tech, World
Reading Time: 2 mins read
0
Swedish Workers Unite Against Tesla in Unprecedented Labor Battle
TwitterWhatsappLinkedin

Tesla, the electric carmaker, has reintroduced a clause in its contract that could lead to a $50,000 or more lawsuit against buyers who bought the Tesla Cybertruck just to resell it within one year of ownership. This clause was initially present in the public version of Tesla’s Motor Vehicle Order Agreement Terms & Conditions before it was removed. However, customers ordering the limited launch edition “Foundation Series” Cybertruck report that the clause has made an official return.

You might also like

Temporary Injunction Granted Judge Pauses $110 Billion Paramount-Warner Bros. Merger

The Refund Rejection Nintendo Rebuffs Consumer Claims over Tariff Rebates

The Crowdsourced Fight Against Big Tech Erin Brockovich’s Campaign for AI Transparency

Clause Details and Consequences

The reinstated clause stipulates that Cybertruck buyers must first offer the vehicle back to Tesla at a reduced price before attempting any resale within the initial year of delivery. If Tesla declines to repurchase the Cybertruck, then the owner can proceed with the sale. But they may only proceed to do so upon receiving “written consent” from Tesla. The clause explicitly warns in the event of a breach of this contract or if Tesla has a reasonable belief that an owner is about to breach this provision, Tesla has the right to seek injunctive relief to prevent the transfer of title of the vehicle or demand liquidated damages from you in the amount of $50,000 or the value received as consideration for the sale or transfer, whichever is greater. Tesla also reserves the right to refuse the sale of any future vehicles to the breaching buyer.

Evidence and Buyer Experiences

A Cybertruck buyer, who recently submitted a $122,135 order, shared a copy of the order agreement received from Tesla with ArsTechnica. This officially confirmed the reappearance of the resale-lawsuit clause. The clause that was deleted from the public agreement only contained a rule that you couldn’t quickly resell it. The first clause also didn’t contain any lawsuit threats. The buyer also disclosed that they had paid a $250 order fee as well as a $100 reservation fee. The agreement states that Tesla is not obliged to refund such fees if a buyer cancels a purchase after submitting a completed order.

Forum Discussions and Uncertainties

Confirmation of the clause’s return first surfaced on a Cybertruck buyers forum, where individuals who reserved the Foundation Series edition, which was a limited available truck, received invitations to order on Friday. It is still uncertain at this point whether the clause exclusively applies to the Foundation Series or extends to all Cybertruck variants. Speculation in an Electrek article suggests that it might be specific to the Foundation Series or could persist until the Cybertruck is no longer in “limited quantity.”

Variations in Tesla’s Official Documents

When comparing the two versions of Tesla’s Cybertruck preorder agreement, certain distinctions are immediately revealed. The public version features an anti-resale clause, permitting Tesla to unilaterally cancel any order believed to be made with an intention to resell or in bad faith. However, it lacks the explicit lawsuit threat included in the agreements sent directly to buyers.

Customer Dissatisfaction and Limited Edition Details

Expressing dissatisfaction in the Cybertruck forum, a buyer highlighted the disappointment of receiving the version with the lawsuit warning even after paying the $250 order fee. Meanwhile, the Foundation Series, priced at $120,000 and limited to 1,000 cars, raises questions about whether this resale clause will extend to other Cybertruck variants. Tesla’s official website indicates that Cybertruck versions priced at $68,890 and $96,390 will be available in 2024, with a more affordable $49,890 version expected in 2025.

Tags: ElonMuskTesla
Tweet55SendShare15
Previous Post

YouTube and TikTok Dominate Teen Screen Time: Pew Research Center’s Latest Study Reveals Social Media Habits

Next Post

Tesla Responds to Autopilot Allegations, Invokes First Amendment Rights

Harikrishnan A

Aspiring writer. Enjoys gaming, fried chicken and iced tea, preferably all together.

Recommended For You

Temporary Injunction Granted Judge Pauses $110 Billion Paramount-Warner Bros. Merger

by Anochie Esther
July 22, 2026
0
Paramount Warner Bros merger TRO

The corporate consolidation of modern Hollywood has run straight into an active judicial wall. For months, Paramount Skydance and Warner Bros. Discovery worked toward closing their planned $110...

Read more

The Refund Rejection Nintendo Rebuffs Consumer Claims over Tariff Rebates

by Anochie Esther
July 22, 2026
0
Nintendo consumer tariff refund lawsuit

The intersection of international trade policy, corporate pricing, and consumer rights has reached a volatile legal boiling point in the video game industry. Following a landmark U.S. Supreme...

Read more

The Crowdsourced Fight Against Big Tech Erin Brockovich’s Campaign for AI Transparency

by Anochie Esther
July 22, 2026
0
Erin Brockovich data center crusade

The exponential growth of artificial intelligence has touched nearly every corner of modern industry, promising unprecedented advancements in computational power and digital capability. However, beneath the cloud lies...

Read more
Next Post
Swedish Workers Unite Against Tesla in Unprecedented Labor Battle

Tesla Responds to Autopilot Allegations, Invokes First Amendment Rights

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at info@techstory.in

Advertise With Us

Reach out at - info@techstory.in

Aviator Game India 2026

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple Artificial Intelligence bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News OpenAI samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2025 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2025 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?