In a surprising twist, Tesla has hit the brakes on a controversial clause in the Cybertruck’s purchase agreement that left owners facing a hefty $50,000 penalty if they dared to sell their prized electric pickup within the initial 12 months. The clause was quietly deleted last week, giving Cybertruck enthusiasts the green light to turn a quick profit on their new wheels.
This move by Tesla aligns with an industry trend of curbing speculative resales, a tactic previously employed by luxury car manufacturers like Ferrari and Porsche. The Cybertruck, with over a million reservations and deliveries starting later this month, is poised to test the waters of demand in an electric pickup market that’s seen its fair share of hype. Tesla insiders have long been revealing details about Cybtertruck, although leaks have been silenced in recent months.
With Elon Musk signaling a slow production ramp-up, the anticipation for the Cybertruck’s arrival is electrifying. The revision in Tesla’s policy now allows owners to potentially capitalize on the high demand by selling shortly after taking delivery. As the first Cybertrucks hit the road, it remains to be seen whether opportunistic sellers will seize the chance to cash in on the electric pickup craze. With this model being a niche of its own, there’s no guessing its future.
In order to give you the most up-to-date and accurate information possible, the data used to compile this article was sourced from various manufacturer websites and other authoritative sources, including Road and Track, Electrek, Car and Driver, and MotorTrend.
Not So Scary Anymore: Tesla Walks Back On The Cybertruck Flipping Clause
- Tesla will no longer punish Cybertruck buyers for “flipping” their vehicles.
Recently, Tesla took back its anti-flip rhetoric from the pre-order/purchasing agreement terms for the upcoming Cybertruck EV. With the original document claiming those who tried to flip their pre-order or sell their truck within 12 months of getting it would face a fine of $50,000, Tesla now seems to have walked back on that promise/threat.
One reason this happened is likely due to the fact Tesla can’t use its resources to monitor customer behavior (no company should do this), on top of fulfilling the million-plus deliveries slated to happen once this EV truck releases.
With many critics comparing and even preferring Cybertruck to the F-150 Lightning, we could be entering a battle of the EV pickups.
There’s Not Much Legality To Tesla’s Original Anti-Flip Clause
With this recent withdrawal, Tesla has backed off its lawsuit/court-heavy flip clause, which received much backlash from customers and those with Cybertruck pre-orders. One of the main reasons people took issue with this bogus claim from Tesla is that, as part of the rule, Cybertruck owners were prohibited from selling or transferring the title of their EV to another buyer within the first 12 months of ownership.
Typically, when someone buys a new car, it’s there to do whatever they want with it. Tesla essentially promising to become Big Brother to all Cybertruck owners didn’t sit well, and for good reason. There have been issues of people with pre-orders effectively selling or “flipping” those reserved Cybertrucks on eBay and other marketplace sites, which, in that case, punishment makes sense.
However, once someone OWNS a Cybertruck, they should (and now can) do whatever they want with it. Keep it, sell it; it’s not Tesla’s business.
Getting Sued For Selling A Cybertruck Too Early Is Poor Marketing
- The original Cybertruck agreement mentioned a $50,000 fine for reselling your Cybertruck “too early.”
With this clause out of the way, it’s worth noting in the original documents customers signed upon giving their $100 deposit for a Cybertruck delivery, Tesla promised to pursue legal action, asking for a $50,000 fine from flippers. Considering a Cybertruck (base model) will retail for a smidge under $40,000 as per the pricing at the time of the launch. (although we expect its final MSRP to be much greater), you’d end up paying the same amount for allegedly flipping your new truck.
That in itself is where most of the damage from a PR standpoint came regarding the rule. Although nobody wants to pay aftermarket prices for a Cybertruck, reselling one after a few months should not lead to a massive fine. This quiet deletion on Tesla’s part took that into consideration, and for the sake of a smooth release, we’re glad Tesla did this.
These Cybertruck alternatives might be worth looking into if you’re irked by these recent clause updates.
With A $100 Deposit For Cybertruck, What Did Tesla Expect?
It’s worth noting that a huge issue with the Cybertruck reselling market has been the reservation fee (or lack thereof) customers had to pay to secure a new EV pickup. Tesla only set the Cybertruck reservation fee to $100, which is entirely refundable.
With this fee, people bought a reservation knowing they wouldn’t keep or even see the Tesla, listed the confirmed vehicle pre-order on a site like eBay, and then inflated the price tenfold. As per the last update, Tesla has over 2 million reservations. That is why this clause likely became a thing, although reselling a physical vehicle within 12 months should be fair game. We’re sure Tesla knows it messed up and will charge a higher RSVP price in the future.
Tesla is also rumored to not even deliver Cybertruck at the initial $40,000 price point, so those customers with a confirmed pre-order could be in for a surprise.
Delays, Delays, And Oh Wait: More Cybertruck Delays
- Tesla plans to ramp up Cybertruck production to 250,000 per year starting in 2025.
On top of secret clauses being added, removed, and modified, Cybertruck is facing incredible production delays. With over a million pre-orders, Tesla “hopes” to ramp up production enough to make 250,000 Cybertrucks annually by 2025, which would still mean years of waiting for some anxious owners. Considering that the manufacturing process for Cybertruck has reportedly been a nightmare, the auto giant is likely still in the slow stages of producing these pre-orders.
Of course, that’s not to say Tesla *can’t* do this and make it right, although at this point, don’t expect a Cybertruck to appear at your doorstep until 2025, 2026, or even later, if you do the math.
Deliveries *Should* Start As Early As December 2023
Now that the Cybertruck is expected to come to dealers in very small batches ending in 2023 and entering 2024, it’s even more important drivers understand what they agree to upon signing and purchasing a Tesla Cybertruck.
With the first production versions of Cybertruck coming to Austin, Texas’s Gigafactory, there’s no better time to read your contract. This clause being removed could only be temporary, so make sure to keep a close eye on what you sign before driving off.
The Tesla Cybertruck Release Continues To Cause Controversy
- Since 2019, Tesla Cybertruck has sparked outrage and interest online.
Since the news of Cybertruck broke in 2019, the world has never forgotten this uber-modern EV pickup. For good and not so good reasons, the Tesla Cybertruck will make noise upon its large-scale release in 2024/2025, although it’s best Tesla keeps things smooth sailing as we enter this final chapter of pre-production and clause adjusting.
After all, when you buy a car, it shouldn’t feel like signing your life away. Luckily, the company removed its aggressive language and legal structure from the Cybertruck order agreement, but it’s worth keeping a close watch on said document. The original release should have been in 2021/2022, and we’re now almost to 2024, with the first batch of these being finished. SpaceX has started to use Cybertrucks, and from what we know, it’s been going well.
Controversy or not, the Cyber
Tesla Takes U-Turn On The Cybertruck’s Anti-Flipping Clause
In a surprising twist, Tesla has hit the brakes on a controversial clause in the Cybertruck’s purchase agreement that left owners facing a hefty $50,000 penalty if they dared to sell their prized electric pickup within the initial 12 months. The clause was quietly deleted last week, giving Cybertruck enthusiasts the green light to turn a quick profit on their new wheels.
This move by Tesla aligns with an industry trend of curbing speculative resales, a tactic previously employed by luxury car manufacturers like Ferrari and Porsche. The Cybertruck, with over a million reservations and deliveries starting later this month, is poised to test the waters of demand in an electric pickup market that’s seen its fair share of hype. Tesla insiders have long been revealing details about Cybtertruck, although leaks have been silenced in recent months.
With Elon Musk signaling a slow production ramp-up, the anticipation for the Cybertruck’s arrival is electrifying. The revision in Tesla’s policy now allows owners to potentially capitalize on the high demand by selling shortly after taking delivery. As the first Cybertrucks hit the road, it remains to be seen whether opportunistic sellers will seize the chance to cash in on the electric pickup craze. With this model being a niche of its own, there’s no guessing its future.
In order to give you the most up-to-date and accurate information possible, the data used to compile this article was sourced from various manufacturer websites and other authoritative sources, including Road and Track, Electrek, Car and Driver, and MotorTrend.
Not So Scary Anymore: Tesla Walks Back On The Cybertruck Flipping Clause
- Tesla will no longer punish Cybertruck buyers for “flipping” their vehicles.
Recently, Tesla took back its anti-flip rhetoric from the pre-order/purchasing agreement terms for the upcoming Cybertruck EV. With the original document claiming those who tried to flip their pre-order or sell their truck within 12 months of getting it would face a fine of $50,000, Tesla now seems to have walked back on that promise/threat.
One reason this happened is likely due to the fact Tesla can’t use its resources to monitor customer behavior (no company should do this), on top of fulfilling the million-plus deliveries slated to happen once this EV truck releases.
With many critics comparing and even preferring Cybertruck to the F-150 Lightning, we could be entering a battle of the EV pickups.
There’s Not Much Legality To Tesla’s Original Anti-Flip Clause
With this recent withdrawal, Tesla has backed off its lawsuit/court-heavy flip clause, which received much backlash from customers and those with Cybertruck pre-orders. One of the main reasons people took issue with this bogus claim from Tesla is that, as part of the rule, Cybertruck owners were prohibited from selling or transferring the title of their EV to another buyer within the first 12 months of ownership.
Typically, when someone buys a new car, it’s there to do whatever they want with it. Tesla essentially promising to become Big Brother to all Cybertruck owners didn’t sit well, and for good reason. There have been issues of people with pre-orders effectively selling or “flipping” those reserved Cybertrucks on eBay and other marketplace sites, which, in that case, punishment makes sense.
However, once someone OWNS a Cybertruck, they should (and now can) do whatever they want with it. Keep it, sell it; it’s not Tesla’s business.
Getting Sued For Selling A Cybertruck Too Early Is Poor Marketing
- The original Cybertruck agreement mentioned a $50,000 fine for reselling your Cybertruck “too early.”
With this clause out of the way, it’s worth noting in the original documents customers signed upon giving their $100 deposit for a Cybertruck delivery, Tesla promised to pursue legal action, asking for a $50,000 fine from flippers. Considering a Cybertruck (base model) will retail for a smidge under $40,000 as per the pricing at the time of the launch. (although we expect its final MSRP to be much greater), you’d end up paying the same amount for allegedly flipping your new truck.
That in itself is where most of the damage from a PR standpoint came regarding the rule. Although nobody wants to pay aftermarket prices for a Cybertruck, reselling one after a few months should not lead to a massive fine. This quiet deletion on Tesla’s part took that into consideration, and for the sake of a smooth release, we’re glad Tesla did this.
These Cybertruck alternatives might be worth looking into if you’re irked by these recent clause updates.
With A $100 Deposit For Cybertruck, What Did Tesla Expect?
It’s worth noting that a huge issue with the Cybertruck reselling market has been the reservation fee (or lack thereof) customers had to pay to secure a new EV pickup. Tesla only set the Cybertruck reservation fee to $100, which is entirely refundable.
With this fee, people bought a reservation knowing they wouldn’t keep or even see the Tesla, listed the confirmed vehicle pre-order on a site like eBay, and then inflated the price tenfold. As per the last update, Tesla has over 2 million reservations. That is why this clause likely became a thing, although reselling a physical vehicle within 12 months should be fair game. We’re sure Tesla knows it messed up and will charge a higher RSVP price in the future.
Tesla is also rumored to not even deliver Cybertruck at the initial $40,000 price point, so those customers with a confirmed pre-order could be in for a surprise.
Delays, Delays, And Oh Wait: More Cybertruck Delays
- Tesla plans to ramp up Cybertruck production to 250,000 per year starting in 2025.
On top of secret clauses being added, removed, and modified, Cybertruck is facing incredible production delays. With over a million pre-orders, Tesla “hopes” to ramp up production enough to make 250,000 Cybertrucks annually by 2025, which would still mean years of waiting for some anxious owners. Considering that the manufacturing process for Cybertruck has reportedly been a nightmare, the auto giant is likely still in the slow stages of producing these pre-orders.
Of course, that’s not to say Tesla *can’t* do this and make it right, although at this point, don’t expect a Cybertruck to appear at your doorstep until 2025, 2026, or even later, if you do the math.
Deliveries *Should* Start As Early As December 2023
Now that the Cybertruck is expected to come to dealers in very small batches ending in 2023 and entering 2024, it’s even more important drivers understand what they agree to upon signing and purchasing a Tesla Cybertruck.
With the first production versions of Cybertruck coming to Austin, Texas’s Gigafactory, there’s no better time to read your contract. This clause being removed could only be temporary, so make sure to keep a close eye on what you sign before driving off.
The Tesla Cybertruck Release Continues To Cause Controversy
- Since 2019, Tesla Cybertruck has sparked outrage and interest online.
Since the news of Cybertruck broke in 2019, the world has never forgotten this uber-modern EV pickup. For good and not so good reasons, the Tesla Cybertruck will make noise upon its large-scale release in 2024/2025, although it’s best Tesla keeps things smooth sailing as we enter this final chapter of pre-production and clause adjusting.
After all, when you buy a car, it shouldn’t feel like signing your life away. Luckily, the company removed its aggressive language and legal structure from the Cybertruck order agreement, but it’s worth keeping a close watch on said document. The original release should have been in 2021/2022, and we’re now almost to 2024, with the first batch of these being finished. SpaceX has started to use Cybertrucks, and from what we know, it’s been going well.
Controversy or not, the Cybertruck unleashes a new age of electric manufacturing, and as long as we’re not being scared into signing a contract, this release should go fairly well. Even now, we’re seeing brands like Honda take inspiration from the futuristic Cybertruck (or so it seems), so expect more lookalikes in the coming years.
This Halloween, Scare Your Friends with This Raspberry Pi Project
Introducing the Living Portrait, a fascinating artwork that comes alive with a spooky twist. As soon as someone approaches the portrait or motion is detected nearby, it transforms from a static, ordinary-looking person into a horrifying zombie-like figure. Complete with eerie movements and bone-chilling scream sound effects, this project is guaranteed to give unsuspecting viewers a fright.
The backbone of the Living Portrait consists of two key components: a Raspberry Pi and a Passive Infrared (PIR) Motion Sensor. The PIR sensor scans the area for any movement within a range of up to 20 feet. When motion is detected, it sends a signal to the Raspberry Pi. Using this input, the Raspberry Pi triggers a pre-installed media player to start playing a haunting video.
This Raspberry Pi project is beginner-friendly and requires only four hardware parts: a Raspberry Pi, a PIR sensor, a monitor or TV display, and a frame to encase the display. The creator originally used an UnLiving Portrait video from AtmosFX for the content. However, you have the option to create or find your own media. Just make sure to choose a video that allows for the same effect when paused, as the Python code used in the project pauses the video before the transformation, revealing the normal-looking portrait.
1929 Rolls-Royce Phantom II EV Conversion By Electrogenic Revealed With 201 HP
The prewar 1929 Rolls-Royce Phantom II will make its appearance at the Salon Privé Concours d’Elegance in the United Kingdom. This unique vehicle has been converted to an electric car by Electrogenic, an EV conversion specialist.
The original 1929 Rolls-Royce Phantom II was known for its luxurious features. It was powered by a 7.7-liter straight-six engine, which produced around 40 to 50 horsepower. The power was sent to the rear wheels through a four-speed, non-synchromesh manual transmission.
In this one-off conversion created by Electrogenic for a private collector, the classic Rolls-Royce has been equipped with a 93-kilowatt-hour battery pack. Part of the battery pack is housed under an aluminum cowling under the hood, while the rest is located between the chassis rails. This setup provides a real-world driving range of 150 miles.
The electric motor, with a power output of 201 horsepower and 228 pound-feet of torque, is positioned between the chassis rails. It transfers 737 lb ft of torque to the prop shaft through a fixed reduction gear.
The conversion process faced challenges such as preserving the car’s “through-flow” chassis lubrication system and redesigning the cable-operated braking system. Electrogenic found a solution to maintain the lubrication system’s functionality despite the removal of the original straight-six engine. They also repositioned the brake pedal and levers, retrofitting a hydraulic booster and calibrating the system to work with the electric motor’s regenerative braking function.
The modernized Rolls-Royce offers three driving modes: “Drive,” “Eco” for extended range, and “Sport” for higher performance. Additionally, it features a “regen doubler” mode for stronger regenerative braking on steep descents.
The interior of the vehicle has been discreetly updated, with the original controls repurposed and reworked. The fuel gauge has been replaced with an LED gauge that displays the battery’s state of charge, while the old amp meter now shows the rate of power draw and power recuperation. The oil temperature gauge now displays charger temperature, and the water temperature gauge shows the electric motor’s temperature.
A modern audio system with Bluetooth connectivity has also been integrated into the cabin, including a hidden subwoofer under the rear seat.
Steve Drummond, Director at Electrogenic, expressed his pride in the completion of this complex classic car EV conversion. He believes it showcases the company’s world-leading expertise and is the perfect addition to Salon Privé, as it combines British motoring history with clean and silent electric motoring.
This project took 18 months to complete and is now part of Electrogenic’s growing portfolio of EV conversions, which includes drop-in kits for cars like the Porsche 911, original Mini, and Jaguar E-Type. They also offer customized conversions for vehicles such as the Porsche 356C, Citroen DS, and Land Rover Defender.
2024 Ford Bronco Sport Debuts With Colorful Free Wheeling Special Edition
Ford is introducing the 2024 model year for the Bronco Sport with a nostalgic twist by bringing back an appearance package that was originally available in the late 1970s. This special edition was not limited to the classic Bronco, as the F-100, F-150, Econoline, and the Courier also had the option of vibrant decals. Now, many decades later, the square-shaped compact crossover is reviving the distinct look with red, orange, and yellow gradients.
True to the original Free Wheeling models from years ago, this 2024 Bronco Sport with a vintage flair features reflective graphics on the hood and tailgate. Additionally, the 17-inch wheels are accented in red, and the front grille boasts a silver finish. Other visual enhancements include black mirrors, bumpers, and roof, along with red and orange pinstriping on the dashboard and seats.
Airoh Updates A Best-Seller: The Twist 2.0
AIROH TWIST 2.0:
BACK TO SCHOOL HAS GOT INTO MOTION
The Airoh Twist 2.0 helmet is designed for those who love two wheels and want a unique and recognizable style. It is becoming increasingly popular among young riders not only for its technical features, safety, and captivating graphics, but also for its comfort and lightweight design. With a range of bright and gritty colors inspired by the off-road world, the Twist 2.0 is the perfect companion for back to school.
The Twist 2.0 is a highly regarded model in the off-road segment, known for its safety, lightness, and excellent performance. It features a shell made of High Resistant Thermoplastic (HRT) and two EPS for a better fit. The Twist 2.0 also includes the Airoh Sliding Net (ASN) system, which improves air extraction, safety, and comfort. With its advanced ventilation system, the Twist 2.0 ensures excellent airflow and comfort even during demanding rides and hot weather. Additional features include a rear spoiler for improved aerodynamics and stability, an adjustable peak, an anti-dust filter, and a DD ring retention system.
In addition to the iconic AIROH logo on the rear of the helmet, the Twist 2.0 stands out with its captivating graphics. Its bright colors and sophisticated designs make it a favorite among young riders who see it as more than just a helmet, but as a true accessory that complements their style. The Twist 2.0 is designed to accompany riders on all their adventures, including going back to school.
Technical Specifications:
- Shell: High Resistant Thermoplastic (HRT)
- Approval: ECE 2205
- Ventilation: Front vents, chin guard vents, rear spoiler
- Technology: Airoh Sliding Net (ASN) System
- Retention System: DD Ring
- Inner Lining: Removable, washable, and hypoallergenic
- Weight: Starting from 1240 g ± 50g
- Sizes: XS, S, M, L, XL, XXL
#AirohHelmet
For more information, visit https://www.airoh.com/
About Airoh
Airoh was founded in 1997 by Antonio Locatelli with the goal of providing quality, protection, and innovation in helmets to all two-wheel enthusiasts. The brand, which stands for “Antonio Innovative Range Of Helmet,” is dedicated to creating high-quality helmets that prioritize safety, design, and performance. With products designed for both road and off-road use, Airoh aims to meet the needs of professional riders as well as passionate individuals who ride on various terrains. Over the years, Airoh has maintained its commitment to the racing world and has achieved numerous accolades, including 127 world titles since 2005.
Airoh Press Office by LDL COMeta
via Quinto Alpini, 4 – 24124 Bergamo, Italy
Press information:
Ilaria CARISSONI
ilaria.carissoni@ldlcometa.it
mobile +39 331 1332487
Press releases on: ldlcometa.it
BMW Motorrad Italy Presents Pre-Owned Program: BMW Timeless
In a unique approach to selling pre-owned motorcycles, BMW Motorrad Italy has gone beyond the conventional methods by transforming old bikes and scooters into a genuine product line, regardless of their age and date of first registration.
Alessandro Salimbeni, General Manager of BMW Motorrad Italy, stated, “A BMW motorcycle that has already traveled a long way is a motorcycle that has already experienced adventures and has a story to tell. Each BMW Timeless vehicle has explored different landscapes, overcome challenges, and is ready to embark on new journeys with its new owner. If a motorcycle’s value lies in its history, BMW Motorrad’s responsibility is to nurture and preserve that value over time. With BMW Timeless, our brand becomes even more inclusive and accessible. We now consider pre-owned BMWs to be on par with our new products, offering not only exclusive services like BMSI maintenance packages and tailored financial solutions but also an entire brand campaign. In the current market scenario, I firmly believe that used BMWs present an intriguing alternative to new products, even from other brands.”
Original Quote:
(“Una moto BMW che ha già fatto un po’ di strada è una moto che ha già vissuto delle avventure, con una storia da raccontare. Ogni BMW Timeless ha viaggiato, visto paesaggi e superato sfide ed è pronta a farlo ancora insieme al suo nuovo proprietario. E se il valore di una moto è proprio la sua storia, noi di BMW Motorrad abbiamo il compito di supportarlo nel tempo. Con BMW Timeless il marchio BMW Motorrad diventa ancora più inclusivo, rendendosi di fatto ancor più accessibile. Oggi consideriamo l’usato BMW con lo stesso pregio del nostro prodotto nuovo, dedicandogli oltre a servizi esclusivi, come i pacchetti di manutenzione BMSI o specifiche soluzioni finanziarie d’acquisto, anche una vera e propria campagna di brand. Credo fermamente che nell’attuale scenario di mercato l’usato BMW rappresenti un’interessante alternativa a prodotti nuovi, anche di altre marche, soprattutto per quei motociclisti più esigenti che sognano di guidare una moto dai grandi contenuti tecnologici e capace di regalare un impareggiabile piacere di guida, senza tralasciare il non trascurabile dato del prezzo d’acquisto.”)
Instead of simply selling pre-owned motorcycles as they are or slightly refurbished for riding, BMW Motorrad Italy has introduced a more significant pre-owned program called BMW Timeless. With this program, BMW Motorrad preserves its legacy by offering a new product line featuring the brand’s classic models. BMW Timeless brings a fresh perspective to the table, celebrating the love for vintage motorcycles. This program could potentially be expanded to other countries, catering to customers who have a desire for well-maintained vintage motorcycles that were originally sold by the manufacturers themselves.