Tesla Slashes Lease Prices to Boost Demand
Tesla has reduced lease prices across most of its electric vehicle lineup in the US to stimulate demand after the federal tax credit expired. The move comes as the company experienced a surge in deliveries in Q3 due to customers pulling forward their purchases, but expects demand to decline in Q4.
New Lease Prices
Tesla has updated its online configurator with new lease prices:
- Model 3 (RWD): $329/month (down $100 from $429)
- Model Y (Long Range): $449/month (down $80 from $529)
- Cybertruck (AWD): $699/month (down $50 from $749)
However, Tesla has warned that prices will increase again on November 1st.
