Elon wants to make sure you get use out of their truck. Terms arenāt that bad as at least their offering to buy it back at reasonable price and if they dont want it you can sell to whoever you want.
Or they know the 2nd hand market will be very soft and will massively undercut the brand-new price with no waiting time. That and they donāt believe the waiting list is full of people with Ā£100 full refundable deposit for a Ā£40k truck that will no longer be Ā£40k, lot of people would take delivery and just sell straight away.
These contracts are normally on prestige limited editions that you have to be selected to be able buy. The Cybertruck is supposed to be a mass-market truck to beat the F150 / Silverado.
Doesnāt a car etc lose 20% instantly as well the second it leaves the showroom? I think I heard or read that somewhere.
I did think it was because if people hate the truck and try sell so fast it looks bad on the company and my guesses are they want a truck load of sales before any second hand market comes out.
Pretty much matches what you said to be honest.
P. S I had a quick Google and this is what I found:-
āA new car loses value as soon as you drive off the forecourt and by the end of the first year will have lost around 40% of its value. This varies a lot though and the best may lose as little as 10%. If you do 10,000 miles a year, the average car will have lost around 60% of its value by the end of its third year.ā
Car depreciation - how quickly do new cars lose value? | AA.
That doesnāt always apply in the case of limited supply vehicle thatās a bit of a status symbol. The electric Hummers (which is probably cybertruckās closest competitor) were selling second hand for more than the new price when they first came out. I think there would be people trying to make a profit on the very first ones delivered
https://twitter.com/AIDRIVR/status/1730329405568995335?t=ZzY2bAcYvl0ixBjqKz6BRA&s=19
One of the most shocking frontal tests Iāve ever seen. Thereās surely no chance this makes full production now?
Thatās pretty rough. The rear axel looks like it snaps, at 35mph, but itās okay because Tesla are renowned for having plenty of spare parts available.
Driverās neck snapping like a crisp also isnāt ideal.
Iām sure you can get a new one faster than a spare part for a new Tesla! 
Oh No! Hereās a stuck Cybertruck getting recovered by a Ford 
More autopilot issues!
Teslaās Berlin-area plant reportedly will shut production after Dec. 22 and not reopen until Jan. 2, 2024. The plant, like Tesla Shanghai, is running well below capacity.
The question of when they will start returning money to shareholders grows louder. They canāt utilise all their profits because their cash pile has been growing by billions each year for a while now. Theyāll have to scale down their capacity plans too because theyāre obviously very out of sync with the market.
In the words of Elon, concerning.
https://www.reuters.com/investigates/special-report/tesla-musk-steering-suspension/
Tesla has had suspension and wheel problems for the last 10 years, I honestly thought theyād sorted it as I hadnāt heard anything for a while. For some reason itās referred to as āWhompy Wheelsā , if you google that youāll get tons of results and loads of picture of Teslas with at least one wheel fallen off
Iām stunned to read that they were forced into a recall in China but not in Europe or the US. With this new evidence I doubt regulators will be able to ignore. Lawmakers already calling for action:
Tesla response for balance (where they donāt seem to refute knowing about the issues and actually confirm Reutersā repair figures):
Berlin researchers hacked Tesla autopilot
https://cybernews.com/tech/berlin-researchers-hacked-tesla-autopilot/
