New Cybertruck owners are bound to a contract that prohibits them from re-selling the EV before one year or face a $50,000 fine.
Some daring individuals have dismissed the threat and are attempting to flip their futuristic truck on car selling sites – and some are going for more than $200,000.
DailyMail.com found at least 20 resale listings, depending on the website, and some appeared to be listed on multiple sites.
For example, the Cybertruck with vehicle identification number (VIN) ending in 0978 is listed on Auto Trader, Car Gurus, Cars.com, and others for $249,998 – this mid-range all-wheel-drive model costs $79,990 from Tesla.
While these owners may think they are going unnoticed, one new Cybertruck owner had his reservation canceled after Tesla uncovered their listing before the car was even delivered.
Many Cybertruck owners have posted the vehicle for resale on sites like Car Gurus. Some appear to be dealerships, while others appear to be private sellers.
DailyMail.com found at least 20 resale listings, depending on the website, and some appeared to be listed on multiple sites
Based on the pre-order contract that buyers sign when they place their $100 deposit, any owner who resells the truck within one year of buying it new can be sued by Tesla for either $50,000 or the profit they make on the sale – whichever number is higher.
One new owner posted on the Cybertruck Owners Club message board on Sunday saying that he had been contacted by Tesla after listing his vehicle for sale.
His two remaining reservations have since been canceled, and the would-be Cybertruck flipper may have been banned from making future Tesla purchases, according to an email he shared from Tesla.
The would-be Cybertruck flipper shared part of an email he received from Tesla. The email said Tesla would cancel his future orders without a refund, but he said he didn’t know if that applied to all Tesla vehicles or just the Cybertruck
DailyMail.com has contacted Tesla to confirm his version of events.
The Cybertruck owner is an IT manager named Dennis from Arizona, based on his Cybertruck Owners Club profile.
He is not the first to try to sell the hot new electric truck for a markup, which has a long waiting list.
Dennis from Arizona also claimed to have listed the truck on multiple sites ‘to feel it out,’ and claimed he had not yet sold it.
He wrote on the message board that he assumed Tesla had found his Car Gurus listing, which included his car’s VIN.
‘I listed it for a ridiculous number because I thought it was funny. $242,069,’ he wrote.
As of Monday, a Car Gurus listing belonging to Dennis in Arizona was still up, where the car is now listed for $192,069.
No other listings of a Cybertruck with the same VIN were live on other car listing sites at the time.
Dennis said he had had two more Cybertrucks reserved, both of which are now reportedly canceled.
He wrote that he received refunds for those, but he was warned by a Tesla store leader that if he tried to make any more reservations, those would be canceled without refunds, according to an email he shared on the car club forum:
‘Moving forward, any future orders placed by you will be cancelled without a refund of the $100 reservation of $250 order fee as official notification has been provided to you regarding this matter,’ the message read.
The listing for Dennis’s Cybertruck was still live on the Car Gurus website as of Monday. He had lowered the price by $50,000, though.
At least 20 different Cybertrucks are listed for sale online, most at or around $200,000 – multiple times what the car retails for
The Tesla Pre-Order Agreement for the Cybertruck is clear on its terms:
‘Tesla and its affiliates sell cars directly to end-consumers, and we may unilaterally cancel any order that we believe has been made with a view toward resale of the Vehicle or that has otherwise been made in bad faith.
‘We may also cancel your pre-order and refund your Pre-Order Payment if we discontinue a product, feature or option after the time you place your pre-order or if we determine that you are acting in bad faith.’
Dennis reported that he did not know whether Tesla would ‘drop the hammer’ for the $50,000.
One commenter noted that the would-be Cybertruck flipper was lucky Tesla had not remotely disabled his vehicle.
