Are people really selling their Cybertrucks for $200k+ or is that all hype and are there ramifications?

[Chris9702L]

One of the main problems in America is people have lost their moral values. The contact that is signed clearly states that you cannot resell it within a year.

But at the same time if Tesla is not going to enforce it then why bother sticking it in there in the first place.

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[fhteagle]

But at the same time if Tesla is not going to enforce it then why bother sticking it in there in the first place.

This is the root cause problem. That clause has no business being in the MVPA as written. It won't accomplish it's stated goal even if Tesla tries to enforce it. If they don't enforce it, the company loses face. If they even one time do go after a customer that sold their truck, Tesla loses face. If they deny or delay a rebuy or third party sale even once, Tesla loses face. That clause was a no win condition for Tesla the moment it was put in the MVPA. Period.

 

[HaulingAss]

So I’m confused, are we suppose to have memorized word by word the Non disclosure or did it expire once we stepped into the factory as everyone was taking photos and lots were streaming it live.

Is that all thrown out the window like the no resale clause people are signing.

I'm not the same kind of Tesla fan boy you are and I didn't go to the Texas event, or sign a non-disclosure agreement. That has nothing to do with the Purchase and Sale Agreement.

Nothing was "thrown out the window" with regard to the P&S Agreement and it's unclear why you think it was. Your Tesla account holds both the Cybertruck Reservation Agreement and the Purchase and Sale Agreement that you signed (assuming you are buying a Cybertruck). You can review it at will on your laptop or even your cell phone.

 

[HaulingAss]

One of the main problems in America is people have lost their moral values. The contact that is signed clearly states that you cannot resell it within a year.

But at the same time if Tesla is not going to enforce it then why bother sticking it in there in the first place.

There is no evidence Tesla doesn't plan to enforce the "no resale" clause. The clause does not say Tesla will reverse the sale, it says they will claw-back any ill-gotten gains from the sale. That is a legal process that doesn't happen overnight.

 

[HaulingAss]

This is the root cause problem. That clause has no business being in the MVPA as written.

The Purchase and Sale Agreement (MVPA) is the ONLY rational place for the "no resale" restriction to go. Because that is the primary document that lays out the rights and responsibilities of both parties to the sale.

It won't accomplish it's stated goal even if Tesla tries to enforce it. If they don't enforce it, the company loses face. If they even one time do go after a customer that sold their truck, Tesla loses face. If they deny or delay a rebuy or third party sale even once, Tesla loses face. That clause was a no win condition for Tesla the moment it was put in the MVPA. Period.

I don't know why you think holding people to their word is a bad thing. My view is that Tesla will lose more face if they decide NOT to enforce the clause. Just know that these things are a legal process and don't happen instantaneously, especially when the remedy is simply a clawing back of the ill-gotten profits.

Remember, Tesla is not doing this for the money, they are doing it to ensure that they remain the actual retailer of the products they manufacture and distribute. Tesla doesn't want their customers to have to access their products through scalpers, it's not the customer experience Tesla wishes for its customers.

And it's entirely within Tesla's right to manage how their products reach the end user.

 

[C T Rick]

I'm not the same kind of Tesla fan boy you are and I didn't go to the Texas event, or sign a non-disclosure agreement. That has nothing to do with the Purchase and Sale Agreement.

Nothing was "thrown out the window" with regard to the P&S Agreement and it's unclear why you think it was. Your Tesla account holds both the Cybertruck Reservation Agreement and the Purchase and Sale Agreement that you signed (assuming you are buying a Cybertruck). You

Rick can review it at will on your laptop or even your cell phone.

The $100. Fully refundable deposit is what I signed 4plus years ago. Not sure what is says as it's a moot point now..the price is a moot point. The $100 is nothing but a 10 cent loss per year.

Rick

 

[Deleted member 17810]

Why do people try to create false distinctions?

The contract doesn't say the Cybertruck is a hand-built, limited edition, it says if you want to sell it within a year, you have to give Tesla first stab at it or their will be contractual consequences.

It has nothing to do with whether it's hand-built or not.

I'm saying, tesla isn't going to go sue individuals for mass produced product.

 

[HaulingAss]

Why do legal know-nothings keep making false claims without a shred of evidence to support them?

Oh, that's right, because there isn't any!

If you understood the three pillars of anti-trust law, The Sherman Act of 1890, the Federal Trade Commission Act of 1914, and the Clayton Act of 1914, you would know that none of them prevent selling items with the first right of refusal, no reselling clauses or anything similar to what's going on here. They are simply not applicable in any rational sense.

 

[HaulingAss]

I'm saying, tesla isn't going to go sue individuals for mass produced product.

That remains to be seen. It's always a risk when you break the clear terms of a contract you sign.

 

[HaulingAss]

The $100. Fully refundable deposit is what I signed 4plus years ago. Not sure what is says as it's a moot point now..the price is a moot point. The $100 is nothing but a 10 cent loss per year.

Rick

I was saying the terms of the contract were never "thrown out the window", the contracts are still legally binding, and you can still read them via your Tesla app (if you haven't already printed hard-copies). The contracts will not expire until the last timeframe contemplated by the contract has passed.

 

[JBee]

The Purchase and Sale Agreement (MVPA) is the ONLY rational place for the "no resale" restriction to go. Because that is the primary document that lays out the rights and responsibilities of both parties to the sale.






I don't know why you think holding people to their word is a bad thing. My view is that Tesla will lose more face if they decide NOT to enforce the clause. Just know that these things are a legal process and don't happen instantaneously, especially when the remedy is simply a clawing back of the ill-gotten profits.

Remember, Tesla is not doing this for the money, they are doing it to ensure that they remain the actual retailer of the products they manufacture and distribute. Tesla doesn't want their customers to have to access their products through scalpers, it's not the customer experience Tesla wishes for its customers.

And it's entirely within Tesla's right to manage how their products reach the end user.

Dude could you just quit with your TSLA stock push?

Never heard so much rubbish from one single person trying to sell Tesla no matter what, even if they drive off a cliff with one because you think "Critical Errors" with brake failures are "normal".

I've been asking you questions for months on this clause and you just ignore them because you can't answer them without proving to yourself they are in fact completely useless.

 

[HaulingAss]

Dude could you just quit with your TSLA stock push?

Never heard so much rubbish from one single person trying to sell Tesla no matter what, even if they drive off a cliff with one because you think "Critical Errors" with brake failures are "normal".

I've been asking you questions for months on this clause and you just ignore them because you can't answer them without proving to yourself they are in fact completely useless.

Senseless commentary, it makes me wonder what kind of schools they run down under. Nothing I said would impact TSLA stock one iota.

I only answer reasonable questions. You have a very twisted view of what a Purchase and Sale Agreement means from a legal perspective and I can't change you. Maybe laws and principles are different in Australia, I don't know because I've never bothered with learning the legal system there, but I doubt it. And it doesn't matter because all these sales are taking place under U.S. laws and precedents.

It reminds me when you swore up and down that the stainless-steel panels on the Cybertruck couldn't possibly carry any load, because they were nowhere near the load path!

 

[Crissa]

Unless you're defrauding the government or running pyramid scheme you're not getting a felony for breach of contract.

I'm not saying it's common, but it happens.

Basically yeah, white collar crime is hard to prosecute. But it is against the law. There's someone being required to pay half a billion dollars in fines for felony level breeches of trust in New York...

And basically any embezzlement charges stem from a contract breech of trust.

For what it’s worth. For those of us that signed a non disclosure days before the live reveal event at Tesla Austin, do we really know what we signed? We didn’t get a copy of what we signed.

That's kinda funny, they can't hold you to a a contract they didn't give you a copy of ^-^; They're required to give you a chance to have a copy. That fails the reasonable test!

-Crissa

 

[C T Rick]

I'm not saying it's common, but it happens.

Basically yeah, white collar crime is hard to prosecute. But it is against the law. There's someone being required to pay half a billion dollars in fines for felony level breeches of trust in New York...

And basically any embezzlement charges stem from a contract breech of trust.


That's kinda funny, they can't hold you to a a contract they didn't give you a copy of ^-^; They're required to give you a chance to have a copy. That fails the reasonable test!

-Crissa

Figured whatever it said was out the window when they allowed cameras and live streaming.

I've signed multiple non disclosures and always received a copy and fully understood its content. But when you sign something and don't get a copy, its hard to remember exactly what was required. Especially since they allowed cameras and live streaming that day.
Did anyone else who attended the live event get a copy of what was sent. Is there an end date? Do you have a digital copy? If so please message me.

Rick

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