00:00 It's Benzinga and here's what's on the block.
00:02 Tesla has implemented a policy to sue Cybertruck buyers who attempt to resell the vehicle within the first year of delivery for either
00:09 $50,000 or the sale price, whichever is higher.
00:12 The company also retains the right to refuse future sales to those who violate this first year no resale rule.
00:18 Tesla may agree to buy back the vehicle at the original price minus mileage and wear and tear or
00:24 allow the buyer to sell to someone else if they have a good reason for selling.
00:28 Features like full self-driving are not transferable to a new owner as they use a subscription model. For all things money visit Benzinga.com
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