Latest in Gear

Image credit:

Tesla rumor claims Model 3 leasing is right around the corner

That's one way to boost sales.
Richard Lawler, @Rjcc
February 20, 2019
Share
Tweet
Share
Tesla

Sponsored Links

If purchasing a brand new Model 3 -- even at its latest starting price of $42,900 -- is too much of a commitment for you, the option to lease could be coming soon. Electrek cites internal emails in a report saying that the company is preparing employees for the start of a leasing program, which could kick off in as little as two weeks. While Tesla responded saying timing of the program's launch isn't finalized, "but it will definitely be after the dates outlined in this document."

Reports like the one claiming Tesla cut back on its deliveries team have suggested it may have already fulfilled many of the reservations for customers ready to buy at the current price. Tonight CEO Elon Musk tweeted a picture of 4,000 Teslas on their way to Europe, and said that by the end of 2019 his company would "probably" hit a production rate of 10,000 vehicles per week.

Tesla spokesperson:

This is simply an internal document to ensure teams are prepared for when we eventually introduce a leasing option to customers. No decision has been made about when Model 3 leasing will be available, but it will definitely be after the dates outlined in this document.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share

Popular on Engadget

The 2020 Engadget Holiday Gift Guide

The 2020 Engadget Holiday Gift Guide

View
Razer Tomahawk modular gaming PC is now available for $2,400

Razer Tomahawk modular gaming PC is now available for $2,400

View
Razer reveals Hammerhead Pro earbuds with ANC and THX audio

Razer reveals Hammerhead Pro earbuds with ANC and THX audio

View
macOS Big Sur review: A mix of new and familiar

macOS Big Sur review: A mix of new and familiar

View
Amazon UK begins replacing 'stolen' launch day PS5s

Amazon UK begins replacing 'stolen' launch day PS5s

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr