Internal Emails Hint Leasing Option For Tesla’s Model 3 Could Be Coming

Tesla makes some very impressive cars in terms of their design and also performance. Unfortunately that combination has resulted in cars that are a little out of the price range for more than a few, not to mention the fact that they are electric cars, it gives customers additional pause, especially when trying to decide if these cars might be worth investing in.

However there is some good news is you have been eyeing a Tesla. According to a report from Electrek who cites internal emails, it seems that Tesla could be mulling the idea of a leasing option for the Model 3, which means that instead of dropping over $40,000 for the car, customers could try and cushion the blow a bit by leasing it and deciding if they like it or not.

Tesla has since sort of confirmed the legitimacy of the emails, but state that they have yet to make a decision whether or not they will proceed with a leasing plan. “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.”

Tesla’s CEO Elon Musk had previously spoken up about the leasing model, warning investors that it could make the company’s financials “look” worse, even if it means an increase in demand for the Model 3. “Well, we’ve been reluctant to introduce the leasing on Model 3 because of how its effect our GAAP financials. So it is worth noting that demand to date is with zero leasing. So obviously, leasing is a way to improve [Model 3] demand but it makes our financials look worse.”

Tyler Lee
Categories: Rumors, Transportation
Tags: Electric Cars, Model 3, Tesla