Tesla fining buyers who flip their cars by up to $70,000

AI Summary — NZ Perspective
Tesla is introducing a policy in the US to fine buyers of special edition Model S and X vehicles up to $70,000 if they resell them within a year, with potential blacklisting for future purchases. While currently US-specific, this move highlights manufacturers' efforts to curb vehicle flipping, which could influence future policies for high-demand models in markets like New Zealand.
Original Excerpt
Tesla will fine owners of the final Signature Edition examples of its Model S liftback and Model X SUV in the US if they sell them within the first year of ownership, with buyers also at risk of being blacklisted from future purchases. The US electric vehicle (EV) maker has annou
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Published by CarExpert
