Tesla launches Model 3 lease, makes $35K edition 'off-menu'

Tesla Model 3 lease added as $35k EV’s future gets murky

Tesla Model 3 Standard Range dropped from online configurator

For example, Autopilot used to cost $3,000 when added to the $37,500 Model 3 Stand Plus, but now it comes as standard for $39,500.

There's no word yet about the likely delivery times of the Tesla Model 3 Standard Range Plus in European markets.

"We think including Autopilot is very important because our data strongly indicates that the chance of an accident is much lower when Autopilot is enabled", the company says. People looking to buy the $58,400 CAD "Long Range Rear-Wheel Drive" trim option will also now need to visit a physical store to order one.

Tesla CEO Elon Musk explained the reason for the Model 3's mysterious cockpit camera.

USA customers can lease any Model 3 variant with "a small down payment and competitive monthly payments", according to a blog post.

House of Representatives passes bill to restore net neutrality
On a cold winter day in mid-December of 2017, the FCC voted to kill Net Neutrality. WH hits House Dems' net neutrality legislation with veto threat.

Typically at the end of a leasing period, you would buy the vehicle outright or trade it for a new model with a similar leasing plan. Interestingly, Tesla said lease customers won't get the option to buy back their vehicles at the end of the term, because "with full autonomy coming in the future via an over-their-air software update, we plan to use those vehicles in the Tesla ride-hailing network", Tesla wrote.

Interested customers can apply to lease a Tesla now at tesla.com/3. Yes, these are the same stores that the EV company announced it was scaling back when it first started selling the low-priced Model 3.

According to Tesla the demand for the Standard Plus blew them away, selling at six times the rate of Standard.

According to Tesla, it noticed the slightly pricier Standard Plus variant (with 386km range) was selling at over six times the rate of the Standard Range model, and therefore made a decision to "simplify our production operations to better optimise cost, minimise complexity and streamline operations". The carmaker is now backing away from its online-only ordering approach with the standard Model 3. It will be software limited to a 220 mile range, and music streaming, navigation and heated seats will be software disabled.

The Standard Range vehicle, which will now cost more than the originally promised $35,000 base price ($36,200 with destination), will now only be available by special order.

Latest News