Idk man, we don't know what you look like. For all we know you absolutely could be a supermodel.
In fact, I'd argue there's a much higher chance of you being a supermodel than the cyber truck being a supercar lmao
The point is it’s for whatever fucking reason in high demand and there is low supply making it a ripe market for scalpers, hence the contract stipulating that you cannot sell it for a certain length of time after getting it.
I am so fucking sick of seeing this article because the manbaby musk simp crying over it fucking signed the god damned contract willingly.
Problem is array of reasons and kind of problem with "tesla" model in a whole. My friends several times in a variety of situations. Returned to dealer easily protected by law. Variety of states have these protections that no contract gets rid of. You buy it you get 7 to 30 days (depending on state) to change mind. Some states have none but its why the laws exist.
You buy it go to park it at home wrong size or theres a whobble or your the new tires they promised to include they keep "delaying" appointment.
Its so they cant sell lemons and bad vehicles. Its why whole models insane to me no test drive no seeing it first. Some haphazardly assembled vehicle gets dropped off 2 years after you pay for it and if somethings broken you wait months to get to service center. And you can't sell it or return it.
Like it takes any of positives of most predatory car dealership. And leaves you with only the bullshit and none of the convenience.
> Like it takes any of positives of most predatory car dealership. And leaves you with only the bullshit and none of the convenience.
It's almost the opposite of the old theory about not just selling a person *a* new car, but selling them every new car from here on. Once upon a time that was *common*. I don't think my Dad, or my grandparents ever actually owned a non-GM product, starting with my Grandad's first new car in the early 50s.
True Supercars tend to appreciate or hold in value for a long time.
I doubt the first Used cybertruck sale is going to be anywhere near what its selling price was.
There are lots of idiots with more money than sense so it probably would have sold higher because of the novelty and before the problems became more public.
It is forced scarcity but forced scarcity isn't illegal.
Companies restrict supply all the time for their products and it's kind of scummy but there's literally no rules or regulations against it. It's just a marketing tactic. There is absolutely nothing to legally compel a company to make more products than they want to.
Seriously, all of sneaker head culture exists because of forced scarcity.
Nike could make more Air Jordans of the make you want, but they keep it exclusive because hype helps the brand. The aftermarket is great advertising.
Source: used to work in Nike Digital, there's a ton of work put into preventing over-selling for "high heat" launches of deliberately short inventory products.
Yep, tons of "high end" fashion brands do this because in their sick minds it better than the poors getting their hands on it and bringing the "brand value" down.
So scummy, but not illegal.
all of these brands are nothing but waste generators, and it pisses me off. they should be fined the retail cost of every bag and piece of clothing they destroy or put in the landfill. its a disgusting display of waste that needs to be stopped entirely.
I have no problem with that policy. But in this case, you would think getting divorced would qualify as an unforeseen circumstance that would merit an exception.
Yes, they are selling waaaaay over msrp at auctions. People are still selling them because they can get enough to cover that fine, and still make money on them.
The auto market is fucked right now. Any rare/limited release vehicle that’s slightly special in some way is being scalped. I never thought I’d see cars go the way of sneakers or concert tickets but here we are.
It is wild! I decided to reward myself with a sporty car a couple months ago after plugging away at something challenging for a number of years. I was shocked when every dealership wanted $10-25k over MSRP. When I finally argued my way down to $2k over the salesman kept making comments about how I could flip it for more... Like man, I just want a fun car to drive and to not feel like I got bent over for it, lol.
Want a good investment? Buy a Wrangler haha. One of the highest value holding vehicles on the road. So def doesn’t have to limited release vehicles only.
My dealer just paid me MORE money for my used wrangler than I bought it for brand new. The market is so fucking weird lol.
The used car market has come back down to something resembling reality in the last few months. It's still higher than "normal". See below articles for reference:
https://www.cnbc.com/2024/03/21/new-used-car-prices-are-cooling-heres-what-auto-shoppers-can-expect.html
https://finance.yahoo.com/news/used-car-prices-fall-again-in-april-down-nearly-17-from-pandemic-highs-162758735.html
High residual values are actually something pretty unique to the Wrangler (similar to the Tacoma).It's been that way for years. Perceived utility/capability (good 4wd... basically a convertible suv) being chief among the reasons why it has a higher than average resale value. They do suffer a bit on the reliability piece (as do all Stellantis/Chrysler products)... but do pretty well in the standard 3.6 V6 configuration (stay away from the Wrangler Hybrids for now... lots of problems... I have my own review of the 4XE below for more info on that). As the parent comment indicates... buying a Wrangler is indeed an overall good choice if residual value is important to you (barring the obvious financial advice that cars... in general are poor investments).
Yes, Market has collapsed on resale. The dual motor foundation is selling for slight losses now. Cyberbeast foundation still has a small premium of say $5k to $10k profit. Remember the original owner probably paid some tax.
https://finance.yahoo.com/news/elon-musks-wealth-crashed-160-082025816.html
Can’t imagine why Musk has lost more money than any other human in history. I have no notes.
Tesla shares have tumbled 66% from their peak as investors gear up for a growth slowdown.
The stock drop has fueled an estimated $176 billion decline in Elon Musk's net worth.
The Tesla CEO is now worth about $164 billion, down from $340 billion in November 2021.
Tesla's mounting troubles have dealt a heavy blow to Elon Musk's net worth.
In November 2021, the Tesla CEO held the top spot on the Bloomberg Billionaires Index, and seemed untouchable with an estimated fortune of $340 billion. He was more than three times richer than Warren Buffett at that point.
However, Musk's net worth has plunged by about $176 billion since then to $164 billion at Monday's close. The key driver has been Tesla stock, which has tumbled from a split-adjusted peak of $415 in 2021 to $142 — a 66% decline.
Valuation was based on Musks lies. So sorta yeah.
Back in 2016, Tesla CEO Elon Musk promised on Twitter that his self-driving technology would allow one of his cars to drive across the country unaided “by next year,” and that owners would be able to summon their cars from “anywhere connected by land & not blocked by borders, eg you're in LA and the car is in NY.” A legion of fanboys dreamed of monetizing their Teslas into robot taxis, and being in the vanguard of the transportation revolution.
You might know by now that none of that ever happened. It later was discovered that Musk personally oversaw the production of a 2016 video that deliberately exaggerated the capabilities of Tesla’s Autopilot system. Nevertheless, Tesla has made Autopilot a standard feature in its cars, and more recently, rolled out a more ambitious “Full Self-Driving” (FSD) systems to hundreds of thousands of its vehicles.
Now we learn from an analysis of National Highway Traffic Safety Administration (NHTSA) data conducted by The Washington Post that those systems, particularly FSD, are associated with dramatically more crashes than previously thought. Thanks to a 2021 regulation, automakers must disclose data about crashes involving self-driving or driver assistance technology. Since that time, Tesla has racked up at least 736 such crashes, causing 17 fatalities at that time.
This technology never should have been allowed on the road, and regulators should be taking a much harder look at driver assistance features in general, requiring manufacturers to prove that they actually improve safety, rather than trusting the word of a duplicitous oligarch.
As of March 11, 2024, there have been 500 deaths in Tesla incidents, including 42 deaths involving Tesla's Autopilot feature. The Tesla Deaths database, which is compiled from reports by the National Highway Traffic Safety Administration (NHTSA), also lists other recent Tesla crashes that resulted in fatalities, including:
January 26, 2024: A Tesla hits a tree in Connecticut, killing one person
January 24, 2024: A Tesla rolls over and crashes into a creek in Pennsylvania, killing one person
January 16, 2024: A Tesla goes airborne and hits a tree in Florida, killing one person
January 12, 2024: A multi-car accident in California results in two deaths
It is interesting context because I remember reading that one reason Hertz dropped Teslas is because they had a higher accident rate and a higher cost to repair.
It was surprising because I had assumed Teslas would be safer.
Some more lies include his roadster and his affiliation marketing that would give out like $80 million in roadsters if they were ever to be made.
I don't know if Musa and Musk are comparable, really. Even Roman emperors, who could be said to own more private property than any humans on the planet ever had(or would, for awhile), were still dealing with preindustrial amounts of wealth. Maybe if you added up every acre, every building, every waterway, coast, island, port, city, slave, and treasury, and looked at it in today's value, they would be something like trillionaires. But imo that's apples to oranges to what we consider wealth today. Just two completely different things, especially considering it's not like a Roman emperor could have liquidated much of what he had to get money in hand like someone today could. After all, who would even be able to buy it all? Not to mention that just because someone in ancient Rome or Africa was said to own something(like an empire) doesn't necessarily imply direct ownership like we would think of things. It would be more abstract than owning 51% of an actual company that can be traded and sold.
* **Mansa Musa** (1280-1337, king of the Mali empire) wealth indescribable
* **Augustus Caesar** (63 BC-14 AD, Roman emperor) $4.6tn (£3.5tn)
I get what you are saying, but Musa had "indescribable" amounts of gold. "So lavishly did he hand out gold in Cairo that his three-month stay caused the price of gold to plummet in the region for 10 years, wrecking the economy."
He didn't need to liquidate anything to really "have" that wealth. And he was apparently crazy generous sharing his wealth and building his kingdom, arts and education. Once gave a poet/architect 440lbs of gold? (over 8 million USD)
[https://www.bbc.com/news/world-africa-47379458](https://www.bbc.com/news/world-africa-47379458)
It's so hard to compare different eras, isn't it? I'm worth a minuscule fraction of the richest men of history but unlike them I could leave my home in Australia and be in Iceland within a day or two among other things they could only dream of, like access to the Internet as just one other example. The opportunities we have in comparison to even them is a vast gulf.
https://www.npr.org/2023/01/12/1148634966/elon-musk-guinness-world-records#:~:text=Guinness%20World%20Records%3A%20Elon%20Musk,than%20anyone%20in%20history%20%3A%20NPR&text=Weekend%20Edition%20Saturday-,Guinness%20World%20Records%3A%20Elon%20Musk%20has%20lost%20more%20money%20than,due%20to%20Tesla%20stock%20plummeting.
Tesla CEO Elon Musk has broken a record for the largest amount of money lost by one person, according to Guinness World Records.
Musk lost between $180 billion and $200 billion since November 2021, largely due to the poor performance of Tesla stocks in recent years, according to the report.
His fortune went from about $320 billion in 2021 to its current level of about $147 billion. Still, Musk remains the second-richest person in the world, behind Bernard Arnault, the CEO of luxury goods conglomerate LVMH, according to numbers by Forbes.
I think Musa was the wealthiest person in history. Though it’s difficult to estimate an individual’s wealth from a monarchy’s wealth.
I think you are referring to his Mecca trip in which he gave away an about a billion in gold bullion crashing egypts economy for 12 years. That’s not close to this loss Musk achieved.
This is how I think even on something as small as a $60 video game.... I don't preorder anything anymore in the game industry since companies release half finished products more often than not now and by the time they fix it (if they actually do) it would've been 30-50% off the original price.
Thats not exactly the reason, it’s worse than that. Ferrari requires you to own a lower-end Ferrari in order to buy the most top-end recent models. That means he would have to buy 2 cars which he’s not interested in.
Its tiered system too, buying one gets access to another tier and so on and so on. Had a client that wanted a specific Ferrari and he had to buy 3 of them before he got the one he wanted. He bought one and sold it a year later so it took him 4 years to get the one he wanted
Does Ferrari make their clientele wait a specific amount of time between purchases for these tiers? Like, theoretically, could a billionaire just buy all 4 same day?
If you're a billionaire Ferrari will take care of you.
If you're a common dude trying to keep a 1987 POS Ferrari on the road... they'll just tell you that parts aren't available and that you are SoL.
Basically... some dealers also push super expensive prices for services or parts, whereas the dudes at eurospares or superformance in the UK will actually help you keep the car going.
Heck, i'm in Italy and I still buy all the parts I need from them.
He may have tried buying a Ferrari before he became incredibly famous and super-wealthy and was knocked back. And now refuses to buy one out of principle.
This video talks about how to become a VIP for Ferrari. Basically they want people who will not garnish the brand. They look at the number of cars you buy and also the options and the way you spec it. Eventually they add you to lists for exclusive cards and you basically have to say yes to them all or else you'll fall off.
https://youtu.be/BH7zY6kQ_Io?si=pSj0TIlw92-EpbQ_
The sense of pride and accomplishment you feel after having ~~wasted~~ spent outrageous amounts of money on expensive luxury cars you didn't even want must be pretty wild.
This is not confined to cars. Hermes operate the same system with their handbags. There's a whole subreddit for people wanting to climb up the preferred-customer ladder by buying scarves etc., in order to be allowed access to the most exclusive bags.
/r/TheHermesGame
That’s because anyone with even a few years of leathercrafting practice can make a make every bit as good as anything Hermes produces. Hermes prices have nothing to do with material or build quality and everything to do with “prestige”. They’re as close to a pure status symbol as exists.
Wow that was a ladder into a world i always sort of knew existed but never thought that much about
Theres this one thread there about someone who spent 50k in paris over the course of three or four days on stuff they didnt even really want because they just wanted the opportunity to buy a bag. Damn
Part of me thinks this is really fucking stupid. Part of me respects the hell out of a company for being able to convince people to spend money on this shit.
That's gotta be the most disgusting thing I've seen in quite awhile. Who are these people who actually care so much about owning a specific fucking BAG? Give me 5 bucks and an hour at the crafts store and I'll build you one just as good, but nope, let me spend 20 grand just for the OPPORTUNITY to buy one. Because it has an H on it. I'm usually not one of the "eat the rich" types of people, but some people really do deserve to be poor. Just because of the nonsense they did when they were rich.
Yea fuck those people. A drain on society and actively make it worse. Its so fake and superficial too. If I ever get that delusional or frivolous I want someone to put a bullet in my head because I've lost my soul at that point.
Fuck Ferrari.
Whenever an auto journalist wants to review one of their cars, they deliver a highly curated experience where they're in control of every aspect. Ferrari brings out designated test car with a different tune than the one all the retail cars get - apparently, they even design the tune for the specific track it's being tested on. I've even read they'll bring a pair; one to test in straight line performance and the other for a road course. Auto journalists are forbidden from driving current privately owned Ferraris without permission from the company, and they'll outright ban outlets if an overly critical review gets published.
It's pretty fucking pathetic, because by all accounts outside the tightly controlled professional reviews, their cars are such absolutely amazing driving experiences that they don't need to exert such control over the review process.
I get to drive a LOT of super cars at work due for various reasons. Ferraris are easily the least nice ride of any super car by a fucking mile. Holy shit they are unplesent by comparison.
Nice rides of course compared to most cars. But like... fuck ferraris.
Ford's should be solid because there's more than an exchange of property: the application process lends legitimacy to the status of the car, contract, and the fact the whole sale is about creating a relationship. Do I like this? No. Imo, if a manufacturer takes my money and says I cant sell, they should be buying it back from me or first in line to do so.
Yep! Ford sued Cena. Looks like they [settled](https://www.caranddriver.com/news/a21622751/the-flip-that-flopped-john-cena-and-ford-settle-gt-resale-lawsuit/).
>Cena and the Ford Motor Company have settled their legal feud regarding Cena’s purchase and resale of a Ford GT. Cena will pay Ford an unspecified amount of money, which Ford reportedly will donate to an as yet unnamed charity.
Edit: seems like Fords application process and contract are tight if somebody like Cena gets punished.
Knowing cena, he probably worked it into the settlement. I can’t imagine ford wanting to donate any extra money when they’ve been in recall hell for most of their vehicles for the past 10 years
They didn't want people reserving a bunch of cyber trucks for $100 or $250 and then trying to sell them at an inflated cost because of false demand.
It's like when a band announces tour dates and a couple companies buy all the tickets the first 4 seconds they are available and then charge a higher price to re sell them.
A local venue (which is publicly funded, so they have no incentive to gouge people to increase profits) does exactly that, each ticket is tied to a name that can't be changed after purchase and they check IDs at the door, if the name doesn't match (or the plus one isn't together with the ticket holder) you're not getting in. This makes scalping there almost non-existent.
As an added bit of consumer protection, you can refund the ticket online up to a few minutes before the starting time, so there are no complaints of the type "this serious thing happened in my life and I can't make it to the show, therefore reselling must be allowed to recoup the loss".
They can stop large scale scalping if they want to. They don't want to.
If they could buy and immediately sell something for 100% profit then they would. That is the economic factor they are stopping with the penalty for flipping. The customer who would actually flip the truck won’t bother buying it in the first place and the people buying them will be actual customers and not scumbag flippers.
not quite. they have the option to refuse to let you sell it and you still pay $50k. Per the agreement, Tesla must approve an exception to their policy to let you out of the “fee”
This sounds awfully like a contract of adhesion (“Take it or leave it”), which are unenforceable in some states.
When tied to the first sale doctrine (Which interestingly has been used by another automaker, Fiat (FCA)) to espouse the very opposite of what Tesla is doing here, it becomes petty dubious that it would hold up if seriously challenged.
Right, but in order to prove that it's unenforceable you'd have to lawyer up and take on Tesla, which it sounds like this guy is unwilling to do (can't blame him).
If the buyer contractually agreed to that penalty clause when they bought the truck, then Tesla could probably charge it.
The clause is designed to prevent flippers (buying a limited-supply vehicle and then immediately selling for a huge mark-up) and is not uncommon in high-demand-low-supply cars. Some supercars have this type of clause.
Did the buyer read the full contract?
Well they didn't bother to measure their parking space before buying the truck, so I'm guessing not.
He got divorced in the meantime and had to move out of the house. Presumably his wife/husband and got the house.
He suffered a misfortune, not a case of spending himself out of house and home.
> John Cena was in litigation hell because he flipped his Ford GT after he found out he couldn't fit in his car
you'd think Ford would have warned him about the interior dimensions
With the Ford GT there were preorder's for it on paper launch. It was an exclusive release with a limited production run. Ford was going to sell out on them no matter what. So why would they spend a bunch of money shipping the prototype around when most of the buyers probably won't ever drive it anyway
I don't know what will actually happen with company policy from here. But the reason any of this came up is the preorder system Tesla uses. This guy bought his car when he had a place to park it and by the time he got it he didn't.
Don't preorder cars. Don't buy anything that expensive until it's finished. Let's get companies used to actually producing a product *before* they get our money. Because if as a whole we're willing to pay for something even though it isn't ready yet we're just going to teach companies they don't even need to make a good product to get our money. And the results of that won't be good.
Click bait. Nobody threatened anyone. It was just part of the contract he agreed to when he bought it, and the dealer he bought it from just reminded him of that fact when he asked if he could sell it. Article says Tesla hasn't even responded yet.
Isn’t the dealer Tesla? Tesla doesn’t have dealers like other companies. So I would say Tesla already responded. I understand they do this to avoid scalpers and to avoid the PR image of people wanting to sell so soon but it’s still messed up. Why anyone thinks it’s a good idea to buy a cybertruck or any Tesla now is beyond me though.
Yeah, I was pretty sure that Tesla doesn’t have dealerships.
This story has been in the news for like a week as well, so the company has had plenty of time to change course if they wanted to.
It is actually a pro-consumer move, believe it or not. It's to prevent opportunists from buying up all the inventory for a popular, limited supply item and then driving the price up on the resell market. Think about what happened with the Playstation 5, or early iPhone models, or toilet paper during Covid. The manufacturer requires the buyer to agree up front that they won't sell the vehicle for a period of time to avoid scalpers flipping them for profit at the expense of legitimate fans who just want to own one.
They could just ban people from reselling for more than they paid. But they don't.
The guy in the story tried to give it back to the dealer for a refund. And I feel like if it was worth significantly more than he paid, the dealer would gladly agree?
https://www.theautopian.com/tesla-cybertruck-resale-values-are-falling-fast/
That’s pretty easy to work around.
Most people spending $150k on a $100k car are paying cash. It’d be pretty easy for buyer and seller to say “hey, I only gave you $100k cash right?” And slide the other $50k under the table. Illegal, sure, but under the table cash deals happen all the time, and Tesla would only be able to go based on what the bill of sale says, which if both parties agree, can be anything.
>He also said his building is okay with him keeping the vehicle there, but they won’t be held liable if the truck gets damaged by another car while protruding from the parking spot.
I mean...they generally wouldn't be liable if the vehicle *didn't* protrude, so this seems like a non-story. The resale clause has been known for a while, for better or for worse.
Also, as I mentioned in another post:
>Blaine Raddon reserved a Cybertruck after watching the vehicle’s launch online, but since he ordered the truck his living situation changed. He and his wife separated and he moved from a home with a garage into an apartment complex with tight parking slots.
There was a 4 year period between reveal and delivieries commencing, so it feels like a situation that the buyer could have probably planned for.
Honestly no, but I feel like if you’re buying reasonably sized vehicles and have a reasonably sized garage you’d be fine.
Hell, I moved into a place with a pretty small garage and my mid-size sedan fits.
People need to get back to buying smaller, reasonably sized vehicles (to avoid $50,000 fines of course)
Tbh if you this fucking brain dead to spend years on a waiting list for a cyber truck and you bought one knowing the resale rules, then you deserve the consequences.
If you agreed to a clause in the contract that says "you cannot sell until you wait xxx months" then yes, you can't sell it *immediately*. Because that's what you agreed to. Once that period has expired, then yes you can sell it.
This guy didn't bother to even measure his parking spot before buying the truck, so it's likely that he didn't read the full contract before signing.
It looks like the clearance under the front bumper isn't high enough to go over the concrete barrier at the front of the parking space. So if he measured it where the wheels were, it'd probably fit.
I wanted one. I looked up the dimensions and measured my garage and decided it’s a little tight and didn’t order. Everyone has been talking about it online as well. There is more to the story than what is being said.
Sounds like the buyers problem.
If you signed for the vehicle and agreed to the terms it's no different from any other product.
The dimensions were known before they purchased. It didn't magically get bigger after they brought it home. Maybe do some due diligence before you buy a 80-120k vehicle.
I do not feel bad for this crybaby rich kid.
Tesla, breaking new grounds in customer satisfaction and spatial awareness!
It’s because Tesla had them sign an agreement that they couldn’t sell it in the first year, to avoid scalpers.
A lot of supercar manufacturers do this also.
A cyber truck is as much as a super car as I am a super model.
Idk man, we don't know what you look like. For all we know you absolutely could be a supermodel. In fact, I'd argue there's a much higher chance of you being a supermodel than the cyber truck being a supercar lmao
I'd argue there's a higher chance of him being a cyber truck than a cyber truck being a supercar
What are the odds of a supermodel actually being a cybertruck?
Higher than the odds of a cybertruck being a supercar.
I'm too scared to google Cybertruck R34 so I'm just gonna leave that horror unexplored.
You just know one of those Elon fanboys fucked a cyber truck. Stuck his dick in one of the creaky I'll fitting plastic gaps and just fucked it.
My soul is already dead and withered, so I checked a website. Five pictures. Three involved dragons. Why is Internet? Just, why?
Do you have a shiny exterior and are you also averse to dirt and wetness?
My body is quite oily naturally which gives it a nice shine, yes. I’m also very averse to dirt and being wet.
Then you might just be a supercar.
I'm pretty sure I'm a supercar... I'm useless after traveling 5 feet in sand.
I'm pretty sure I'm a supercar. I make a lot of noise but I'll never actually use my full potential.
It’s a super car if you’re three years old.
The point is it’s for whatever fucking reason in high demand and there is low supply making it a ripe market for scalpers, hence the contract stipulating that you cannot sell it for a certain length of time after getting it. I am so fucking sick of seeing this article because the manbaby musk simp crying over it fucking signed the god damned contract willingly.
Problem is array of reasons and kind of problem with "tesla" model in a whole. My friends several times in a variety of situations. Returned to dealer easily protected by law. Variety of states have these protections that no contract gets rid of. You buy it you get 7 to 30 days (depending on state) to change mind. Some states have none but its why the laws exist. You buy it go to park it at home wrong size or theres a whobble or your the new tires they promised to include they keep "delaying" appointment. Its so they cant sell lemons and bad vehicles. Its why whole models insane to me no test drive no seeing it first. Some haphazardly assembled vehicle gets dropped off 2 years after you pay for it and if somethings broken you wait months to get to service center. And you can't sell it or return it. Like it takes any of positives of most predatory car dealership. And leaves you with only the bullshit and none of the convenience.
> Like it takes any of positives of most predatory car dealership. And leaves you with only the bullshit and none of the convenience. It's almost the opposite of the old theory about not just selling a person *a* new car, but selling them every new car from here on. Once upon a time that was *common*. I don't think my Dad, or my grandparents ever actually owned a non-GM product, starting with my Grandad's first new car in the early 50s.
I think your hot, man. Do that photoshoot you've always wanted.
The customers signed the agreement. They agreed to this clause as a condition of buying the truck.
True Supercars tend to appreciate or hold in value for a long time. I doubt the first Used cybertruck sale is going to be anywhere near what its selling price was.
Ya but can a supercar carry ~~four~~ three bags of mulch and a shovel?
Maybe not, but it can go through a car wash.
*small shovel
There are lots of idiots with more money than sense so it probably would have sold higher because of the novelty and before the problems became more public.
Sorry to ruin your day. https://carsandbids.com/auctions/3RyYX4Nx/2024-tesla-cybertruck-foundation-series
[удалено]
It is forced scarcity but forced scarcity isn't illegal. Companies restrict supply all the time for their products and it's kind of scummy but there's literally no rules or regulations against it. It's just a marketing tactic. There is absolutely nothing to legally compel a company to make more products than they want to.
Seriously, all of sneaker head culture exists because of forced scarcity. Nike could make more Air Jordans of the make you want, but they keep it exclusive because hype helps the brand. The aftermarket is great advertising. Source: used to work in Nike Digital, there's a ton of work put into preventing over-selling for "high heat" launches of deliberately short inventory products.
Louis Vuitton literally destroys their overstock. They’re damned serious about restricting supply.
Yep, tons of "high end" fashion brands do this because in their sick minds it better than the poors getting their hands on it and bringing the "brand value" down. So scummy, but not illegal.
They could've rebranded them if they don't want to dilute the brand value or destroy the overstock.
Burberry destroys overstock too, because it’s fucking impossible to rebrand it.
all of these brands are nothing but waste generators, and it pisses me off. they should be fined the retail cost of every bag and piece of clothing they destroy or put in the landfill. its a disgusting display of waste that needs to be stopped entirely.
There's also absolutely nothing in to legally compel you to buy that forced-scarcety stuff, of course.
its not just kind of scummy. Its consumer manipulation, and people who fall for this schtick are even worse than mtx buyers in the gaming world
Which really makes me wonder why this dumb bullshit keeps getting reposted.
I have no problem with that policy. But in this case, you would think getting divorced would qualify as an unforeseen circumstance that would merit an exception.
Yes, they have an appeal process where he can explain the situation- others have already been able to sell them. He will have no problem.
Article notes he's reached out to Tesla multiple times and they aren't getting back to him.
Elon probably fired that department.
> He will have no problem. *Looks at Tesla's customer service history* Yeah I'm not real sure on that one.
" to avoid scalpers." You mean these are desirable and sought after ? lol
Yes, they are selling waaaaay over msrp at auctions. People are still selling them because they can get enough to cover that fine, and still make money on them.
The auto market is fucked right now. Any rare/limited release vehicle that’s slightly special in some way is being scalped. I never thought I’d see cars go the way of sneakers or concert tickets but here we are.
It is wild! I decided to reward myself with a sporty car a couple months ago after plugging away at something challenging for a number of years. I was shocked when every dealership wanted $10-25k over MSRP. When I finally argued my way down to $2k over the salesman kept making comments about how I could flip it for more... Like man, I just want a fun car to drive and to not feel like I got bent over for it, lol.
Who would you be flipping them to? Why is there a sudden wealth of car collectors?
There are more rich people than ever out there.
Want a good investment? Buy a Wrangler haha. One of the highest value holding vehicles on the road. So def doesn’t have to limited release vehicles only. My dealer just paid me MORE money for my used wrangler than I bought it for brand new. The market is so fucking weird lol.
That's just the current used car market.
The used car market has come back down to something resembling reality in the last few months. It's still higher than "normal". See below articles for reference: https://www.cnbc.com/2024/03/21/new-used-car-prices-are-cooling-heres-what-auto-shoppers-can-expect.html https://finance.yahoo.com/news/used-car-prices-fall-again-in-april-down-nearly-17-from-pandemic-highs-162758735.html High residual values are actually something pretty unique to the Wrangler (similar to the Tacoma).It's been that way for years. Perceived utility/capability (good 4wd... basically a convertible suv) being chief among the reasons why it has a higher than average resale value. They do suffer a bit on the reliability piece (as do all Stellantis/Chrysler products)... but do pretty well in the standard 3.6 V6 configuration (stay away from the Wrangler Hybrids for now... lots of problems... I have my own review of the 4XE below for more info on that). As the parent comment indicates... buying a Wrangler is indeed an overall good choice if residual value is important to you (barring the obvious financial advice that cars... in general are poor investments).
Same story with my Prius, used cars are weird rn
Who’d have thought COVID would turn cars into appreciating assets haha.
Used cars are insane right now. I bought a CPO Camry for >20k, drove it a lot for 5 years, and sold it for $5k less than I paid.
The wrong people have money in this world
People are buying them under an LLC then they sell the LLC where the only asset is the car. This is how it’s done all the time with actual supercars
https://www.theautopian.com/tesla-cybertruck-resale-values-are-falling-fast/
Yes, Market has collapsed on resale. The dual motor foundation is selling for slight losses now. Cyberbeast foundation still has a small premium of say $5k to $10k profit. Remember the original owner probably paid some tax.
To avoid showing the entire world that it depreciates faster than even other Teslas.
Yet there’s gonna be Elon simps still lining up to buy it. People are weird
…as long as it’s not second hand apparently.
https://finance.yahoo.com/news/elon-musks-wealth-crashed-160-082025816.html Can’t imagine why Musk has lost more money than any other human in history. I have no notes. Tesla shares have tumbled 66% from their peak as investors gear up for a growth slowdown. The stock drop has fueled an estimated $176 billion decline in Elon Musk's net worth. The Tesla CEO is now worth about $164 billion, down from $340 billion in November 2021. Tesla's mounting troubles have dealt a heavy blow to Elon Musk's net worth. In November 2021, the Tesla CEO held the top spot on the Bloomberg Billionaires Index, and seemed untouchable with an estimated fortune of $340 billion. He was more than three times richer than Warren Buffett at that point. However, Musk's net worth has plunged by about $176 billion since then to $164 billion at Monday's close. The key driver has been Tesla stock, which has tumbled from a split-adjusted peak of $415 in 2021 to $142 — a 66% decline.
Shares tumbling has definitely to do with company performance. Could it also be that the valuation never made sense for Tesla to begin with?
Valuation was based on Musks lies. So sorta yeah. Back in 2016, Tesla CEO Elon Musk promised on Twitter that his self-driving technology would allow one of his cars to drive across the country unaided “by next year,” and that owners would be able to summon their cars from “anywhere connected by land & not blocked by borders, eg you're in LA and the car is in NY.” A legion of fanboys dreamed of monetizing their Teslas into robot taxis, and being in the vanguard of the transportation revolution. You might know by now that none of that ever happened. It later was discovered that Musk personally oversaw the production of a 2016 video that deliberately exaggerated the capabilities of Tesla’s Autopilot system. Nevertheless, Tesla has made Autopilot a standard feature in its cars, and more recently, rolled out a more ambitious “Full Self-Driving” (FSD) systems to hundreds of thousands of its vehicles. Now we learn from an analysis of National Highway Traffic Safety Administration (NHTSA) data conducted by The Washington Post that those systems, particularly FSD, are associated with dramatically more crashes than previously thought. Thanks to a 2021 regulation, automakers must disclose data about crashes involving self-driving or driver assistance technology. Since that time, Tesla has racked up at least 736 such crashes, causing 17 fatalities at that time. This technology never should have been allowed on the road, and regulators should be taking a much harder look at driver assistance features in general, requiring manufacturers to prove that they actually improve safety, rather than trusting the word of a duplicitous oligarch. As of March 11, 2024, there have been 500 deaths in Tesla incidents, including 42 deaths involving Tesla's Autopilot feature. The Tesla Deaths database, which is compiled from reports by the National Highway Traffic Safety Administration (NHTSA), also lists other recent Tesla crashes that resulted in fatalities, including: January 26, 2024: A Tesla hits a tree in Connecticut, killing one person January 24, 2024: A Tesla rolls over and crashes into a creek in Pennsylvania, killing one person January 16, 2024: A Tesla goes airborne and hits a tree in Florida, killing one person January 12, 2024: A multi-car accident in California results in two deaths
It is interesting context because I remember reading that one reason Hertz dropped Teslas is because they had a higher accident rate and a higher cost to repair. It was surprising because I had assumed Teslas would be safer. Some more lies include his roadster and his affiliation marketing that would give out like $80 million in roadsters if they were ever to be made.
Thanks for that detail background.
Elmo has a long way to lose what Mansa Musa has been estimated have had.
I don't know if Musa and Musk are comparable, really. Even Roman emperors, who could be said to own more private property than any humans on the planet ever had(or would, for awhile), were still dealing with preindustrial amounts of wealth. Maybe if you added up every acre, every building, every waterway, coast, island, port, city, slave, and treasury, and looked at it in today's value, they would be something like trillionaires. But imo that's apples to oranges to what we consider wealth today. Just two completely different things, especially considering it's not like a Roman emperor could have liquidated much of what he had to get money in hand like someone today could. After all, who would even be able to buy it all? Not to mention that just because someone in ancient Rome or Africa was said to own something(like an empire) doesn't necessarily imply direct ownership like we would think of things. It would be more abstract than owning 51% of an actual company that can be traded and sold.
* **Mansa Musa** (1280-1337, king of the Mali empire) wealth indescribable * **Augustus Caesar** (63 BC-14 AD, Roman emperor) $4.6tn (£3.5tn) I get what you are saying, but Musa had "indescribable" amounts of gold. "So lavishly did he hand out gold in Cairo that his three-month stay caused the price of gold to plummet in the region for 10 years, wrecking the economy." He didn't need to liquidate anything to really "have" that wealth. And he was apparently crazy generous sharing his wealth and building his kingdom, arts and education. Once gave a poet/architect 440lbs of gold? (over 8 million USD) [https://www.bbc.com/news/world-africa-47379458](https://www.bbc.com/news/world-africa-47379458)
It's so hard to compare different eras, isn't it? I'm worth a minuscule fraction of the richest men of history but unlike them I could leave my home in Australia and be in Iceland within a day or two among other things they could only dream of, like access to the Internet as just one other example. The opportunities we have in comparison to even them is a vast gulf.
https://www.npr.org/2023/01/12/1148634966/elon-musk-guinness-world-records#:~:text=Guinness%20World%20Records%3A%20Elon%20Musk,than%20anyone%20in%20history%20%3A%20NPR&text=Weekend%20Edition%20Saturday-,Guinness%20World%20Records%3A%20Elon%20Musk%20has%20lost%20more%20money%20than,due%20to%20Tesla%20stock%20plummeting. Tesla CEO Elon Musk has broken a record for the largest amount of money lost by one person, according to Guinness World Records. Musk lost between $180 billion and $200 billion since November 2021, largely due to the poor performance of Tesla stocks in recent years, according to the report. His fortune went from about $320 billion in 2021 to its current level of about $147 billion. Still, Musk remains the second-richest person in the world, behind Bernard Arnault, the CEO of luxury goods conglomerate LVMH, according to numbers by Forbes. I think Musa was the wealthiest person in history. Though it’s difficult to estimate an individual’s wealth from a monarchy’s wealth. I think you are referring to his Mecca trip in which he gave away an about a billion in gold bullion crashing egypts economy for 12 years. That’s not close to this loss Musk achieved.
Tesla's really out here pushing boundaries in customer service and spatial IQ! Gotta give them credit for keeping things interesting, huh?
Stop giving terrible companies your money.
Stop giving terrible companies your money for terrible products
My legally-required health insurance's ears just perked up.
A third of this country gives their hard earned money to a convicted conman. Spending money on stupid things is a point of pride for them.
Stop pre-ordering.
This. Restore the requirement to release a quality product rather than rushing shit and maybe fixing it eventually.
This is how I think even on something as small as a $60 video game.... I don't preorder anything anymore in the game industry since companies release half finished products more often than not now and by the time they fix it (if they actually do) it would've been 30-50% off the original price.
Since when do private companies have the right to hand out fines. Like, what the actual fuck.
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Ferrari is notorious for it too
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Thats not exactly the reason, it’s worse than that. Ferrari requires you to own a lower-end Ferrari in order to buy the most top-end recent models. That means he would have to buy 2 cars which he’s not interested in.
Its tiered system too, buying one gets access to another tier and so on and so on. Had a client that wanted a specific Ferrari and he had to buy 3 of them before he got the one he wanted. He bought one and sold it a year later so it took him 4 years to get the one he wanted
Does Ferrari make their clientele wait a specific amount of time between purchases for these tiers? Like, theoretically, could a billionaire just buy all 4 same day?
If you're a billionaire Ferrari will take care of you. If you're a common dude trying to keep a 1987 POS Ferrari on the road... they'll just tell you that parts aren't available and that you are SoL.
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Basically... some dealers also push super expensive prices for services or parts, whereas the dudes at eurospares or superformance in the UK will actually help you keep the car going. Heck, i'm in Italy and I still buy all the parts I need from them.
You would think they'd take care of Jay Leno but I guess not
He may have tried buying a Ferrari before he became incredibly famous and super-wealthy and was knocked back. And now refuses to buy one out of principle.
Which is a shame 'cause those 80s ferraris are pretty awesome looking.
Not sure, maybe he wasn’t rich enough for that! Damn poor Ferrari owners, no one worries about them!
Imagine becoming a millionaire only to learn you're still not rich enough for your favorite car company to take your money.
>Does Ferrari make their clientele you can just call them tools, dont need to get french
This video talks about how to become a VIP for Ferrari. Basically they want people who will not garnish the brand. They look at the number of cars you buy and also the options and the way you spec it. Eventually they add you to lists for exclusive cards and you basically have to say yes to them all or else you'll fall off. https://youtu.be/BH7zY6kQ_Io?si=pSj0TIlw92-EpbQ_
>Basically they want people who will not **garnish** the brand. With cucumber, lettuce, or tomatoes? r/BoneAppleTea
The sense of pride and accomplishment you feel after having ~~wasted~~ spent outrageous amounts of money on expensive luxury cars you didn't even want must be pretty wild.
Lol Ferrari pyramid sceme
The Scientology of cars.
Ooh so it is like Star Citizen.
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He should've taken those 3 years to grow out of that phase a buy a normal person car.
This is not confined to cars. Hermes operate the same system with their handbags. There's a whole subreddit for people wanting to climb up the preferred-customer ladder by buying scarves etc., in order to be allowed access to the most exclusive bags. /r/TheHermesGame
They need to color code these bags like kung fu belts or something cause I cannot tell the $500 entry bag apart from the $50000 prestige 10 bag.
That’s because anyone with even a few years of leathercrafting practice can make a make every bit as good as anything Hermes produces. Hermes prices have nothing to do with material or build quality and everything to do with “prestige”. They’re as close to a pure status symbol as exists.
Wow that was a ladder into a world i always sort of knew existed but never thought that much about Theres this one thread there about someone who spent 50k in paris over the course of three or four days on stuff they didnt even really want because they just wanted the opportunity to buy a bag. Damn
Part of me thinks this is really fucking stupid. Part of me respects the hell out of a company for being able to convince people to spend money on this shit.
That's gotta be the most disgusting thing I've seen in quite awhile. Who are these people who actually care so much about owning a specific fucking BAG? Give me 5 bucks and an hour at the crafts store and I'll build you one just as good, but nope, let me spend 20 grand just for the OPPORTUNITY to buy one. Because it has an H on it. I'm usually not one of the "eat the rich" types of people, but some people really do deserve to be poor. Just because of the nonsense they did when they were rich.
Look, it might be priced much higher than the costs but I can tell you it costs way more than $5 to make the bag
Yea fuck those people. A drain on society and actively make it worse. Its so fake and superficial too. If I ever get that delusional or frivolous I want someone to put a bullet in my head because I've lost my soul at that point.
Fuck Ferrari. Whenever an auto journalist wants to review one of their cars, they deliver a highly curated experience where they're in control of every aspect. Ferrari brings out designated test car with a different tune than the one all the retail cars get - apparently, they even design the tune for the specific track it's being tested on. I've even read they'll bring a pair; one to test in straight line performance and the other for a road course. Auto journalists are forbidden from driving current privately owned Ferraris without permission from the company, and they'll outright ban outlets if an overly critical review gets published. It's pretty fucking pathetic, because by all accounts outside the tightly controlled professional reviews, their cars are such absolutely amazing driving experiences that they don't need to exert such control over the review process.
I get to drive a LOT of super cars at work due for various reasons. Ferraris are easily the least nice ride of any super car by a fucking mile. Holy shit they are unplesent by comparison. Nice rides of course compared to most cars. But like... fuck ferraris.
***Ferrari wants to know your location***
If their investigators are anything like their f1 strategists they’ll never find him
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Except Tesla has the ability to brick the vehicle.
This part is a wild game changer
Man Cybertruck is factory bricked.
Have been to the Cybertruck factory. A brick would be an improvement.
I mean they probably signed a contract agreeing to this so the company could probably get a default judgement against them.
they did its in the TOS you agree to when buying it, 50k fine and black listed from all future tesla sales
Ford's should be solid because there's more than an exchange of property: the application process lends legitimacy to the status of the car, contract, and the fact the whole sale is about creating a relationship. Do I like this? No. Imo, if a manufacturer takes my money and says I cant sell, they should be buying it back from me or first in line to do so.
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Yep! Ford sued Cena. Looks like they [settled](https://www.caranddriver.com/news/a21622751/the-flip-that-flopped-john-cena-and-ford-settle-gt-resale-lawsuit/). >Cena and the Ford Motor Company have settled their legal feud regarding Cena’s purchase and resale of a Ford GT. Cena will pay Ford an unspecified amount of money, which Ford reportedly will donate to an as yet unnamed charity. Edit: seems like Fords application process and contract are tight if somebody like Cena gets punished.
Oh wow. Cena was probably ok with the money being given to charity too.
Knowing cena, he probably worked it into the settlement. I can’t imagine ford wanting to donate any extra money when they’ve been in recall hell for most of their vehicles for the past 10 years
A couple million or even thousand from a settlement is not huge on the balance sheet.
> "the whole sale is about creating a relationship." *pulls out the pepper spray*
Pretty sure they sign a contract that consents to a fine
they do, 50k fine and blacklisted from Tesla if sold within the first year
Cybertrucks are over $100k currently.
When you sign contracts.
How do these contracts work? Do the initial buyers have to agree not to sell their car for a certain period of time?
Somewhat yes, it's to prevent it being flipped immediately to drive up the price.
They didn't want people reserving a bunch of cyber trucks for $100 or $250 and then trying to sell them at an inflated cost because of false demand. It's like when a band announces tour dates and a couple companies buy all the tickets the first 4 seconds they are available and then charge a higher price to re sell them.
Couldn't they just limit 1 per a person? I would assume they would take ID during the reservation process at some point.
A local venue (which is publicly funded, so they have no incentive to gouge people to increase profits) does exactly that, each ticket is tied to a name that can't be changed after purchase and they check IDs at the door, if the name doesn't match (or the plus one isn't together with the ticket holder) you're not getting in. This makes scalping there almost non-existent. As an added bit of consumer protection, you can refund the ticket online up to a few minutes before the starting time, so there are no complaints of the type "this serious thing happened in my life and I can't make it to the show, therefore reselling must be allowed to recoup the loss". They can stop large scale scalping if they want to. They don't want to.
If they could buy and immediately sell something for 100% profit then they would. That is the economic factor they are stopping with the penalty for flipping. The customer who would actually flip the truck won’t bother buying it in the first place and the people buying them will be actual customers and not scumbag flippers.
You can file a civil lawsuit for just about anything. Whether is stands up in court is a different matter.
If you sell it within the first year Tesla gets first dibs at a specified price. If they don’t want it, you can sell on the open market to whoever.
not quite. they have the option to refuse to let you sell it and you still pay $50k. Per the agreement, Tesla must approve an exception to their policy to let you out of the “fee”
This sounds awfully like a contract of adhesion (“Take it or leave it”), which are unenforceable in some states. When tied to the first sale doctrine (Which interestingly has been used by another automaker, Fiat (FCA)) to espouse the very opposite of what Tesla is doing here, it becomes petty dubious that it would hold up if seriously challenged.
Right, but in order to prove that it's unenforceable you'd have to lawyer up and take on Tesla, which it sounds like this guy is unwilling to do (can't blame him).
If the buyer contractually agreed to that penalty clause when they bought the truck, then Tesla could probably charge it. The clause is designed to prevent flippers (buying a limited-supply vehicle and then immediately selling for a huge mark-up) and is not uncommon in high-demand-low-supply cars. Some supercars have this type of clause. Did the buyer read the full contract? Well they didn't bother to measure their parking space before buying the truck, so I'm guessing not.
Skimming the article it looks like he bought it when he had a house, but now he has an apartment.
Sounds like maybe he should've spent his money on more important things than a meme on wheels.
He got divorced in the meantime and had to move out of the house. Presumably his wife/husband and got the house. He suffered a misfortune, not a case of spending himself out of house and home.
probably when you sign an agreement that says you can't sell your cyber truck in the first year or you will be fined $50k
Ford does this on special order cars and trucks too.
John Cena was in litigation hell because he flipped his Ford GT after he found out he couldn't fit in his car
Literally flipping it sounds like the cheaper option. Just get one of his stunt coordinators to roll the thing and write it off.
> John Cena was in litigation hell because he flipped his Ford GT after he found out he couldn't fit in his car you'd think Ford would have warned him about the interior dimensions
Did he not test drive it first?
With the Ford GT there were preorder's for it on paper launch. It was an exclusive release with a limited production run. Ford was going to sell out on them no matter what. So why would they spend a bunch of money shipping the prototype around when most of the buyers probably won't ever drive it anyway
I don't know what will actually happen with company policy from here. But the reason any of this came up is the preorder system Tesla uses. This guy bought his car when he had a place to park it and by the time he got it he didn't. Don't preorder cars. Don't buy anything that expensive until it's finished. Let's get companies used to actually producing a product *before* they get our money. Because if as a whole we're willing to pay for something even though it isn't ready yet we're just going to teach companies they don't even need to make a good product to get our money. And the results of that won't be good.
Click bait. Nobody threatened anyone. It was just part of the contract he agreed to when he bought it, and the dealer he bought it from just reminded him of that fact when he asked if he could sell it. Article says Tesla hasn't even responded yet.
Isn’t the dealer Tesla? Tesla doesn’t have dealers like other companies. So I would say Tesla already responded. I understand they do this to avoid scalpers and to avoid the PR image of people wanting to sell so soon but it’s still messed up. Why anyone thinks it’s a good idea to buy a cybertruck or any Tesla now is beyond me though.
Yeah, I was pretty sure that Tesla doesn’t have dealerships. This story has been in the news for like a week as well, so the company has had plenty of time to change course if they wanted to.
Correct. Another terrible Jalopnik headline and another article that has nothing to do with technology on r/technology
Having a contract saying that you can’t sell a car that you’ve bought is supremely fucked up.
It is actually a pro-consumer move, believe it or not. It's to prevent opportunists from buying up all the inventory for a popular, limited supply item and then driving the price up on the resell market. Think about what happened with the Playstation 5, or early iPhone models, or toilet paper during Covid. The manufacturer requires the buyer to agree up front that they won't sell the vehicle for a period of time to avoid scalpers flipping them for profit at the expense of legitimate fans who just want to own one.
They could just ban people from reselling for more than they paid. But they don't. The guy in the story tried to give it back to the dealer for a refund. And I feel like if it was worth significantly more than he paid, the dealer would gladly agree? https://www.theautopian.com/tesla-cybertruck-resale-values-are-falling-fast/
That’s pretty easy to work around. Most people spending $150k on a $100k car are paying cash. It’d be pretty easy for buyer and seller to say “hey, I only gave you $100k cash right?” And slide the other $50k under the table. Illegal, sure, but under the table cash deals happen all the time, and Tesla would only be able to go based on what the bill of sale says, which if both parties agree, can be anything.
>He also said his building is okay with him keeping the vehicle there, but they won’t be held liable if the truck gets damaged by another car while protruding from the parking spot. I mean...they generally wouldn't be liable if the vehicle *didn't* protrude, so this seems like a non-story. The resale clause has been known for a while, for better or for worse. Also, as I mentioned in another post: >Blaine Raddon reserved a Cybertruck after watching the vehicle’s launch online, but since he ordered the truck his living situation changed. He and his wife separated and he moved from a home with a garage into an apartment complex with tight parking slots. There was a 4 year period between reveal and delivieries commencing, so it feels like a situation that the buyer could have probably planned for.
I'd get a separation too if my spouse bought a cybertruck.
/r/technology when someone does something anti-scalper and pro-consumer but it’s not their guy:
The first thing I do when I purchase a new car is to check that it will fit in my garage. Surely everyone does this?….or is it just me?
Guy had to move due to outside circumstances, so it was an unplanned parking change.
>move due to outside circumstances Guy and his wife separated around the same time he got a Cybertruck... I'm not sure it is a simple coincidence
Something about the Cybertruck does give me severe divorced guy vibes.
Jay Leno (who on the whole liked the thing) pointed out that if this is the outcome of buying one, the optional tent is a perfect accessory
Divorced dudes or younger tech/finance dudes who are trying way too hard.
The big question is: correlation or causation?
Honestly no, but I feel like if you’re buying reasonably sized vehicles and have a reasonably sized garage you’d be fine. Hell, I moved into a place with a pretty small garage and my mid-size sedan fits. People need to get back to buying smaller, reasonably sized vehicles (to avoid $50,000 fines of course)
Op went to Fox or CNN school with that title
Oh I see. They made them sign something so that someone couldn’t have bought one and immediately resold it for a much higher price out of demand.
Tbh if you this fucking brain dead to spend years on a waiting list for a cyber truck and you bought one knowing the resale rules, then you deserve the consequences.
This website has a lot of anti-Telsa headlines that don't represent reality.
**CLICKBAIT AND MISINFORMATION ALERT**
Look at all this sympathy I have:
Wait, you can't sell YOUR own car? Wtf is this?
other car makers do this too with some models, its to prevent scalping.
Which is actually quite consumer friendly. He should be able to sell it back to the dealership though
Apparently he can't because it doesn't fit as a valid reason for the Tesla buy back program
John Cena famously tried to do this with his Ford GT
If you agreed to a clause in the contract that says "you cannot sell until you wait xxx months" then yes, you can't sell it *immediately*. Because that's what you agreed to. Once that period has expired, then yes you can sell it. This guy didn't bother to even measure his parking spot before buying the truck, so it's likely that he didn't read the full contract before signing.
It looks like the clearance under the front bumper isn't high enough to go over the concrete barrier at the front of the parking space. So if he measured it where the wheels were, it'd probably fit.
A fool and his money are easily parted.
I wanted one. I looked up the dimensions and measured my garage and decided it’s a little tight and didn’t order. Everyone has been talking about it online as well. There is more to the story than what is being said.
Did he sign a contract saying they could FINE him?
Space Karen putting the customer at the heart of everything
Sounds like the buyers problem. If you signed for the vehicle and agreed to the terms it's no different from any other product. The dimensions were known before they purchased. It didn't magically get bigger after they brought it home. Maybe do some due diligence before you buy a 80-120k vehicle. I do not feel bad for this crybaby rich kid.
They are cutting down on scalpers. You should see the terms Ferrari has for buying a Ferrari. There are plenty of people banned from buying a Ferrari.