Tesla Signature Model S, X owners get hit with crazy no-resale clause
AI-summarised brief · reviewed before publication
Tesla has introduced a "No Resale Agreement" for its ultra-limited Signature Edition Model S and Model X Plaid vehicles, barring resale for one year. The company is building 250 units of each model, priced at $159,420, with bespoke features and the full Luxe Package. Buyers must sign a binding contract before delivery, with violators facing steep consequences, including liquidated damages and refusal of future vehicle sales.
💡 Why It Matters
- · Tesla's genuine enthusiasts are directly affected, as they must weigh the benefits of owning a limited-edition vehicle against the restriction on resale.
- · Speculators face a significant barrier to flipping the vehicles for a profit.