Tesla has backed down on the intention to ban and fine anyone who tries to profit from the Cybertruck, the American brand’s pickup truck, which is expected to hit the market in late November.
Earlier this week, Elon Musk’s concern to curb inflated sales of the first Cybertrucks to hit the market led Tesla to include a new clause in the contract that prevents resale in the first year of ownership, announcing the possibility for the brand to “demand compensation for liquidated damages in the amount of $50,000, or the value received as consideration for the sale or transfer.”
The publication Business Insider has now revealed that the clause has scared off some investors and reservation holders, especially the comment that the Cybertruck would be “released in limited quantities,” a position that goes against Tesla’s goals of high sales for the 100% electric pickup truck.
