The Tesla Cybertruck has been a hot topic of discussion since its concept was first introduced in 2019. With its unconventional design and promise of cutting-edge technology, it’s no wonder that the Cybertruck has become one of the most highly-anticipated vehicle launches in recent years. Tesla has announced that deliveries of the Cybertruck will officially start on November 30th, and with over one million reservations already in place, it’s clear that the demand for this electric truck is substantial.
However, potential buyers should take note of a specific clause in the sales agreement when purchasing a Cybertruck from Tesla. This clause prohibits the resale of the electric truck for at least one year after taking delivery. It also stipulates that if the vehicle is sold within that timeframe, Tesla reserves the right of first refusal, and the original owner may be liable for liquidated damages of up to $50,000 or the value received for the sale, whichever is greater. Moreover, Tesla has the authority to block the reseller from purchasing any future vehicles from the company.
While such agreements are not uncommon for high-demand vehicles, they are more commonly associated with limited-production exotic cars. For instance, Ford enforced a similar clause for its GT supercar and took legal action against John Cena after he sold his car before the designated two-year time period. In this case, the two parties settled out of court the following year.
The Cybertruck’s production is set to be released in limited quantities, which is likely to further drive up its demand. While Tesla plans to increase production volumes, the company indicated that Cybertruck production will initially be limited. CEO Elon Musk has set an ambitious goal of ramping up production capacity to 250,000 units per year by 2025. It’s worth noting that the Cybertruck is being built at Tesla’s plant near Austin, Texas.
However, the road to production hasn’t been without its challenges. Originally slated to begin production in late 2021, the Cybertruck has faced several delays, mainly due to changes in the original specifications and the implementation of new technologies. Notably, Tesla has been working on a new battery cell that promises to be more energy dense than its current offering. Although details on the new cell’s capabilities and potential range improvements are still forthcoming, the initial specifications for the Cybertruck included battery options capable of delivering over 250 miles, 300 miles, and 500 miles of range.
In addition to its advanced technology, the Cybertruck’s price has also been a point of interest. When first revealed in 2019, Tesla announced a starting price of $39,900. However, this information was removed from Tesla’s website in 2021, suggesting that the starting price of the Cybertruck may have since changed. As production nears and orders begin to be accepted, potential buyers will be eager to see how the pricing structure for the Cybertruck unfolds.
With its groundbreaking design, cutting-edge technology, and innovative features, the Cybertruck has captured the attention of automotive enthusiasts and electric vehicle fans alike. As the date for deliveries approaches and production begins, it will be fascinating to see how the Cybertruck shapes the future of electric trucks and the automotive industry as a whole.