Tesla Quietly Removes No-Resale Clause From Cybertruck Sales Agreement
Portfolio Pulse from Nabaparna Bhattacharya
Tesla has removed the no-resale clause from its Cybertruck sales agreement, allowing buyers to resell their vehicles without penalties. This change aligns with the broader release of the Foundation Series Cybertruck, now available for direct purchase. Tesla has also lifted bans on certain resellers. The Cybertruck has been the top-selling vehicle in the U.S. priced above $100,000 for the past two months.
August 21, 2024 | 3:45 pm
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Tesla has removed the no-resale clause from its Cybertruck sales agreement, allowing buyers to resell their vehicles without penalties. This change could boost sales and customer satisfaction, as the Cybertruck is already the top-selling vehicle in the U.S. priced above $100,000.
The removal of the no-resale clause could lead to increased demand and sales for the Cybertruck, as it provides more flexibility for buyers. This aligns with the vehicle's strong sales performance, being the top-selling vehicle in its price range. The change may positively impact Tesla's stock price in the short term.
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