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.
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.
In this specific instance we are talking about a luxury item that absolutely nobody needs. Anyone who would be buying this would be buying it out of choice. I think this is an instance where terms conditions set by the company of such a niche product is reasonably fair.
Flip it over and apply terms and conditions like this on mainstream consumer goods then we have a bigger problem. If this works I think you may find a lot of luxury car makers initially follow suit, you can bet that companies like BMW would absolutely love to take a cut of all second-hand sales.
It’s a slippery slope.
The majority of what you buy is by choice. Why is it ok to violate your rights as a consumer, as long as the product is expensive enough? Isn’t that the real slippery slope here? "Houses are luxury items that absolutely nobody needs- just rent an apartment. "