OK to deal: Tesla removes $50K resale penalty from Cybertruck contract

Tesla removed the infamous no-resale clause from its Cybertruck sales contract this week.

The clause, which Tesla fans noticed was missing from Cybertruck’s sales contract Tuesday, banned the electric vehicle’s owners from selling their trucks for one year or risk getting slapped with a $50,000 fine from Tesla.

Also missing from the contract was a clause stating that Cybertruck owners caught reselling their vehicles would be banned from purchasing any Tesla vehicles in the future.

It’s unclear why Tesla removed the clause, and the company hasn’t commented on the change.

The removal marks the second time the firm decided to silently remove the clause. After negative backlash to the stipulation last year, the company removed the resale ban. But Tesla fans noticed its reappearance one month later.

While the clause was active, it did little to deter resellers from making money off their Cybertrucks. Due to high order volumes, some customers experienced long wait times to get their Cybertrucks. This led to certain Cybertrucks fetching high prices at auction, with one car selling for over $240,000.

Now Tesla has plenty of Cybertrucks and is even limiting orders for the less expensive rear-wheel drive model, which goes for just over $60,000.