Automotive News

Tesla Will Fine You $50,000 for Flipping Its Final Model S and X

Keeping the Legacy IntactTesla fan or not, it is hard to deny that the Model S and Model X helped shape today’s EV landscape. Now, Tesla is giving them a proper send-off with a limited-run Signature Edition and is trying to make sure they stay in the hands of enthusiasts through a “No Resale Agreement” clause.Shared by Not A Tesla App, the agreement enforces several serious penalties for those who might consider reselling their Signature Edition unit within the first year of ownership, including a fine of $50,000 or the value received from the sale or transfer, whichever is greater. It could even lead to the automaker refusing to sell violators any of its future vehicles.

Tesla

The Final TouchesFor context, Tesla is producing just 350 Sig …


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Author: Rex Sanchez

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