❗️ He FLIPPED his CYBERTRUCK for $245,000 🥵 How He Feels about NO-RESALE Agreement & Profit Made

[rudedawg78]

been on a cruise, and touching grass

Sounds like a blast! lol

Sponsored

 

[JBee]

been on a cruise, and touching grass

Lol welcome back!

Trip on the Icon? Have been meaning to book a cruise to Bahamas...but we have summer here atm...

 

[evnow]

And that Ford in the release of Lightning took advantage by overpricing.

While we peasants are not allowed to take the opportunities and quicknprofit.

Nobody is stopping you from creating your own EV startup and "taking advantage" by pricing your products high initially.

BTW, there are a lot of opportunities to make a quick profit if you have 100k. Some of them could even net you 2x - ofcourse, with some risk in the options market that "peasants" can take advantage of.

 

[Beyond]

been on a cruise, and touching grass

Good news. I thought maybe you joined a monastery.

 

[Gigahorse]

Not sure whether you are being sarcastic or political with that statement.

Victims are all the others waiting for a CT. Tesla is also a victim here as it harms their reputation.

2.5 million people waiting in line after 4 years watching the spots ahead of them be snapped up by scalpers. Would definitely agree with you on that

 

[HaulingAss]

What if what you promised to do was illegal and hand no standing in the court?
What if the circumstances change outside of your control?
What if the term was onerous and against your rights to begin with?

You can't enforce something that is illegal to begin with.

The whole point of taking it to court is to see if it is illegal or not.

It's outlandish to claim that what is basically a "Right of First Refusal" might be illegal. This is so non-controversial that reasonable people would never even think of challenging it. If you are going to make the claim that the clause might be illegal, you should at least support it with some evidence.

The more outlandish the claim, the higher the burden to support it. If I say there is a population of wild giraffes in Antarctica with 50-foot-long necks, I had better provide some photo evidence or at least some credible eyewitness reports to support it, or no one is going to take me seriously.

In this case you have claimed a contractual clause might be illegal, even though many automakers have actually used such clauses over many decades (and they have never been found to be illegal). It seems like the burden is on you to identify why they might suddenly now be found to be illegal.

I have also seen people claim that Tesla would have to show damages so a monetary award could be obtained. This is also false. The contractual "no resale" clause contains the actual performance required of both parties under the contract. The clause specifies how much would be owed to Tesla if the sale to the third-party was allowed to stand ($50K minimum, or the net profit from the sale).

No rational person is taking your claims seriously. The only reason people are risking it is because there is a lot of profit to be had, apparently making it worth the risk that Tesla would be willing to face the bad optics that might result from enforcing the contract.

I'm confident that a few high-priced auction sales are good for Tesla but that if the re-selling gets out of hand, they will start making examples of people. I would caution people against risking that. Even if you are not used to set an example for others, you are going to be blacklisted from buying any more Tesla products.

 

[Lives2TruckAround]

Elon will be putting the price higher soon. He knows we will buy at any price. I say $150k is reasonable, there is no other truck like this.

I’m glad you have such disposable income.

 

[CyberShy]

“People think wholesalers are scummy so I became a retail dealer.”

Right. Because dealers are wholesome and honest.

 

[rudedawg78]

The more outlandish the claim, the higher the burden to support it. If I say there is a population of wild giraffes in Antarctica with 50-foot-long necks, I had better provide some photo evidence or at least some credible eyewitness reports to support it, or no one is going to take me seriously.

 

[CyberTruckeeTheOne]

“People think wholesalers are scummy so I became a retail dealer.”

Right. Because dealers are wholesome and honest.

For $130,000 profit, they can call me scummy and then some.

And maybe I'll get more in damages in case Elon sues me as @HaulingAss keeps on threatening to do.

 

[Beyond]

That does it. I'm starting a GoFundMe. SAVE THE GIRAFFES!

 

[CyberTruckeeTheOne]

That does it. I'm starting a GoFundMe. SAVE THE GIRAFFES!

Hey, that's my dinner!

 

[SteelMyHeart]

Not sure why so many people are mad at the flippers. Just because tesla made a resale rule doesn't mean they are right.

If we were talking about houses instead of Cybertrucks nobody would bat an eye. The home builder doesn't come after you if you flip a house for a profit even if you sell the next day and do nothing to it.

Most people on these threads are homeowners I bet and I find it hard to believe they would price their house at the low end of the market to be less "greedy." What is the rate-limiting principle for what isn't greedy? The optics don't look good to call flippers greedy when you have the means yourself to buy a 100k truck. You could give the money in cash to a homeless shelter instead and pass on the cybertruck to help to cancel out the greed of others. There is no logical limiting principle for the false modesty and hypocrisy.

Most of the same individuals going on about greed also state things like "tesla low-balled me on my trade so I went private or KBB." So therefore the dollar amount is what bothers them not the natural human instinct at play.

Almost everyone, everywhere will charge the highest for possible price if they can.

Tesla is very unlikely to go after the flippers. It is free advertising and it makes their current pricing (essentially double from 2019 unveiling) seem benevolent when people see such a large mark up.

It is not worth it to Tesla to spend on legal fees and bad press when they are getting free advertising that makes current pricing seems reasonable.

I have nothing against the flippers and I'm excited for my truck. I'm helping out the giga factory employees' kids through college and it feels great.

 

[CBMW6674]

Where does the breach of contract against Tesla for charging 20k up charge that states FSD is included and you get nothing for it, in fact Elon said that their least priority is FSD for Cybertruck. So now you keep selling foundation series that are truly not limited but just a way for Tesla to make their most $$$. Foundations will be around until no one wants them anymore.

 

[JBee]

It's outlandish to claim that what is basically a "Right of First Refusal" might be illegal.

More FUD dude. You are still assuming stuff and then using that as a basis for argument.

(even if for whatever reason the admin keeps deleting my posts for "misquoting", whatever that means, although I never do it, and I don't think it's in the forum rules either?)

I can't help you if you blocked @cvalue13 posts who is an actual lawyer so you can read and understand them. Not here to repost it for you.

Tesla will stop selling cars soon anyway. You will then only be able to lease them, if that. At the latest when robotaxi goes mainstream because that is the more profitable way forwards. They have already cancelled the ability to purchase a lease years ago. EM's plan not mine. So enjoy your fractional ownership while it lasts and gets gradually eroded over time.

Q: How does a bank repossess and resell a financed CT with this clause in play?

Sponsored