Tesla is putting unusual limits on some of its most expensive cars. Buyers invited to purchase the Signature Edition Model S and Model X have to agree not to resell them within the first year, and the financial hit for breaking that deal could be severe.
The agreement lets Tesla seek $50,000 in liquidated damages, or the full amount from the resale, whichever is higher. It also gives the company a chance to step in before a sale closes, either by repurchasing the vehicle under set terms or by trying to stop a title transfer.
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That matters because Tesla is selling these cars as a true farewell run. It plans to build 250 Signature Edition Model S sedans and 100 Model X SUVs, all finished in Garnet Red with gold accents, white Alcantara trim, and numbered plaques. At $159,420 each, the package looks designed to
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