New Tesla Cybertrucks have resold for well over $200,000 lately, despite a restriction on flipping in the first year of ownership.
Making a quick buck selling barely used Tesla Cybertrucks to eager Elon Musk fanboys may not be the go-to side hustle of 2024. Tesla appears to be cracking down on Cybertruck flippers. Or at least one of them, anyway. 'Be careful selling your Cybertruck!,' a user claiming to be a Cybertruck owner said on a Cybertruck owners' forum on Sunday. 'Tesla found sale listings, cancelled my other reservations and I may be blacklisted.
Breaking the rules could lead to a $50,000 penalty and a ban from buying Teslas in the future, the automaker says. So far, a few basically new Cybertrucks have changed hands for astronomical prices. That makes sense given how much buzz the truck has generated and how few of them have been sold so far. As Tesla slowly works through its lengthy order bank, it's no surprise that some individuals and car dealers are willing to spend gobs of cash to skip the line.
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