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I’m torn.
On one hand, screw scalpers. On the other hand, screw the rich and screw Elon Musk.
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Submitted 11 months ago by L4s@lemmy.world [bot] to technology@lemmy.world
Comments
Ghostalmedia@lemmy.world 11 months ago
cm0002@lemmy.world 11 months ago
On one hand, screw scalpers
This isn’t a 500$ PS5, it’s easy-ish for a lot of people to get a hold of 5k and buy a bunch of PS5s. If you have good credit you could probably find your way into a 10k limit credit card for example.
A CT is what, 50k? Very few would-be scalpers are going to have access to that kind of funding. Loans at that level are going to be tied to the vehicle/asset and no bank is going to loan you 100k to get 2 CTs at the same time unless you’re already rich
Tldr Any statement from Musk/Tesla about scalpers is a load of horse shit
Ghostalmedia@lemmy.world 11 months ago
These are $80-$100k right now, but they have low supply, are being build by hand in parts because they haven’t fully ramped, and most importantly, have low VINs.
People will totally pay extra for a rare Cybertruck, especially in a place like the Bay Area, where R1Ts, Lucids, and Cayennes are fucking everywhere. The wealth people burn is breathtaking.
meco03211@lemmy.world 11 months ago
Except PS5s were produced en masse. So if you buy just 1 and try to resell it for a profit, any would be buyer will just pay sticker price in a store. With the CT, people have had their name on the list for years. What’s more, is they will be produced slowly at first limiting the availability. So someone could ostensibly reserve dozens of them staggered. If you have the cash for the first one, you buy it and quickly turn it. Now you can easily buy the second when it comes available while turning a profit and so on.
tankplanker@lemmy.world 11 months ago
There is a significant scalp market for the limited release Porsche and other premium cars in the UK. Its not uncommon to double your money on some cars just for sitting in the queue for the car for 12 months or so from using a small deposit of say £5k.
Hard part is getting on the list to buy one, you need to be in good standing with the dealer from purchasing a lot of cars, which most scalpers are. You can then sell the place on the waiting list, or finance the car, run it for a short period if you want, then sell it for a big profit.
phx@lemmy.world 11 months ago
To scalp something though you’d have to have enough people want a thing that’s hard to get. I’m not sure that’s the case with the CT anymore
EatYouWell@lemmy.world 11 months ago
There are tons of people with more money than sense. It wouldn’t take more than a day to sell.
jonne@infosec.pub 11 months ago
I don’t think scalpers are anything to worry about when it comes to cars. Anyone who pays over the list price has too much money.
Ghostalmedia@lemmy.world 11 months ago
People will 100% try to scalp low vin Cybertrucks, or just any Cybertrucks they can get ahold of right now.
In a place like Silicon Valley, where you see $100k R1S Rivians casually rolling around on the reg ( I see multiple a day,) there is MORE than enough people willing to pay an additional $20-30k for a fast and rare EV.
There is a lot of dumb money flying around here, and tech bros love blowing it on luxury EVs.
prograhammingdev@lemmy.prograhamming.com 11 months ago
Very common tactic, unfortunately. “Rare” cars like highly sought new releases have always been hard to get a hold of, and people will manage to get the money together to make a quick buck.
ExLisper@linux.community 11 months ago
That’s it! That’s the final straw. I’m not going to buy it after all.
prole@sh.itjust.works 11 months ago
Clause deleted from public version of terms is in the contract sent to buyers.
Uh oh. A good lawyer could probably jump on that and turn it into something real.
NeoNachtwaechter@lemmy.world 11 months ago
Illegal AF, at least in my country (and probably in the whole EU) - IANAL.
jonne@infosec.pub 11 months ago
I mean, the actual car is illegal to begin with because it’s basically a guillotine on wheels.
Plopp@lemmy.world 11 months ago
Ooh, a wheelotine!
DreadPotato@sopuli.xyz 11 months ago
Luxury brands like Ferrari do this kind of thing extensively on their limited release models. You’re obliged to offer them the chance to buy back the car (you’re not setting the price) before you can sell it to someone else.
feedum_sneedson@lemmy.world 11 months ago
Can I filter posts about this car please.
Kbobabob@lemmy.world 11 months ago
If you’re using sync you can
RGB3x3@lemmy.world 11 months ago
Whoa, I had no idea you could create a settings shortcut. I just clicked on it and it brought me there.
Why is this the first time I’m seeing a feature like that anywhere?
dukk@programming.dev 11 months ago
Also possible in Voyager too :)
Maalus@lemmy.world 11 months ago
No amount of complaining that “Technology” is actually “Elon Musk did something idiotic” will change this forum. Mods don’t give a fuck about the rules. Reporting articles for breaking the “not about technology” does nothing.
misterundercoat@lemmy.world 11 months ago
Not sure, but you can unsubscribe, which I just did after seeing one too many posts about the emerald heir manbaby.
cerement@slrpnk.net 11 months ago
when even Elon bootlickers don’t want to keep it …
GutsBerserk@lemmy.world 11 months ago
Simply ridiculous.
SeeJayEmm@lemmy.procrastinati.org 11 months ago
Doesn’t this run afoul of the first sale doctrine?
Evilcoleslaw@lemmy.world 11 months ago
Probably not if you agree to it. Also it’s only for the first year, and you can sell it. You just have to give Tesla the right of first refusal, at $50,000 - $0.25 per mile driven and any repair costs needed to meet their used sales specifications.
Brokkr@lemmy.world 11 months ago
Not a lawyer, but first sale doctrine seems to apply to copyrights, not goods. Is there another version?
jimmydoreisalefty@lemmy.world 11 months ago
Back in November, before the initial Cybertruck delivery event, Tesla modified its Motor Vehicle Purchase Agreement with a section that said “For Cybertruck Only.” This section basically included clauses that told Cybertruck owners that they are not allowed to re-sell their vehicle within the first year of ownership, and if they did, that Tesla would sue them to recoup whatever amount they received from the sale or $50k, whichever is greater.
Clauses like these are not unheard-of, though, particularly for low-production or high-cost vehicles. Similar clauses have been employed by Ferrari, Ford, Porsche and others.
electrek.co/…/tesla-once-again-threatens-to-sue-c…
cybertruckownersclub.com/…/no-resale-provision-is…
soupcat@sopuli.xyz 11 months ago
You don’t own the thing you bought!
NuXCOM_90Percent@lemmy.zip 11 months ago
This is 100% a scare tactic to avoid letting un-vetted reviewers have access.
WhyYesZoidberg@lemmy.world 11 months ago
And that’s how you build long term customer trust, right? right!?
viking@infosec.pub 11 months ago
There is no clause regarding lending it to just about anybody who’s asking, so reviewers will get their hands on one regardless.
Though the actually vetted reviewers like mkbhd who then fail to get amazed despite trying really hard actually paint a better picture for me than a known skeptic shittalking it.
stoy@lemmy.zip 11 months ago
Seems like a crap tactic though, someone could easily lend it or rent it out to another reviewer.
jonne@infosec.pub 11 months ago
Doesn’t sound like something someone who’s confident in their product would do. Either way, still doesn’t stop anyone from lending it out for reviewers.