The fact that they can sell you a car without having to give you all of the terms and conditions is kinda nuts. Imagine if you went to buy a house and they just went "Nuh uh, pay first, we give you all the HOA rules and city ordinance laws you have to follow afterwards. What is in them? It's a mYsTeRy!".
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It's not a "bullshit new term", it's three decades old and means transferring files locally from one device to another, instead of directly downloading or uploading from/to an external server.
The origin goes back to MP3.com and i-drive in late 90's, but the most common sideloading people did was downloading music to their PC using services like iTunes, and transferring them to their mp3 players. As they did often with early PDA and smartphone apps, where the term for Android comes from - get the .apk on your computer, transfer it to your phone, and install it.Sideloading.