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You still own it and can still sell it. There is just a clause in the original bill of sale giving Tesla the right of first refusal at a pre-negotiated price w
by kcplate 3y ago
You still own it and can still sell it. There is just a clause in the original bill of sale giving Tesla the right of first refusal at a pre-negotiated price within the first year. You can look at the $50k (or sales windfall) as the cost of breaking the ROFR clause of your original sales contract. Tesla can opt not to buy it and then you can resell it. The “consent” is implicit at that point of their refusal but you and your buyer will want that refusal in writing, so that any subscription or warranty requirements of the vehicle can transfer to the new owner.
- tyingq 3y ago"if you must sell the Vehicle within the first year...and Tesla agrees that your reason warrants an exception to its no reseller policy" I don't own it if the original seller gets to decide if I'm granted an exception to sell it. Note there's no listed criteria for that decision, so it's arbitrary, at Tesla's discretion. All the things you're citing hinge on that exception being granted by Tesla in the first place. There's other problems with the language as well.
- kcplate 3y agoIt’s not unusual to have stipulations in a sales contract. If the stipulations aren’t desired for the transaction a party can always opt to not purchase…or not to sell.
- tyingq 3y agoThese particular terms were added well after people paid a deposit.
- kcplate 3y agoSeems to me there was literally no risk to the buyer to bow out of the sale before the sale is final. “Until your Vehicle is delivered to you, you may cancel your pre-order at any time, in which case you will receive a full refund of your Pre-Order Payment” https://www.tesla.com/order/download-order-agreement?redirect=no&country=US&model_code=mp https://www.tesla.com/order/download-order-agreement?redirec...