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>> Please note, customers who choose leasing over owning will not have the option to purchase their car at the end of the lease, because with full autonomy comi

>> Please note, customers who choose leasing over owning will not have the option to purchase their car at the end of the lease, because with full autonomy coming in the future via an over-the-air software update, we plan to use those vehicles in the Tesla ride-hailing network.

Ecko123 7y ago
I like the confidence of self driving capability though
Animats 7y ago
Oh, come on. Reality: it's a price increase. "Model 3 Standard Plus used to cost $37,500, plus $3,000 for the Autopilot option. It now costs $39,500, with Autopilot included." No $35,000 Tesla.
- AndrewBissell 7y ago
  Bait and switch secured.
- WillPostForFood 7y ago
  * it's a price increase. "Model 3 Standard Plus used to cost $37,500, plus $3,000 for the Autopilot option. It now costs $39,500, with Autopilot included."* $37,500 + $3,000 = $40,500. Isn't that a price decrease if the price is now $39,500?
  - jakobegger 7y ago
    Not if a significant fraction of buyers decided to skip autopilot after seeing Youtube videos of AP driving into stationary objects. Keep in mind that Tesla just started selling lower priced models in the US. Buyers of the base models are much more cost concious, so I assume that a lot of them would forego the AP option.
ABeeSea 7y ago
There is no way any of these model 3s end up in an autonomous ride share. Especially with only cameras and no LIDAR. I guess it does give them cover for not offering the option to buy at the end of the lease. Wouldn’t be surprised if they reverse this in 2-3 years.
- kylecordes 7y ago
  Sometimes I wonder if the much-ballyhooed short-sellers actually work in the Tesla marketing department :-) I know that companies get a lot of flak for saying hedged things. But Tesla could really benefit from some hedging. This pronouncement in absolute terms that there will be no lease-end buyout is ridiculous. It depends entirely on future factors unknown today (to us or Tesla), whether they will give customers the option of buying out when the lease and actually arrives, and they know it. So why not just say so? How about: “Tesla leases do not guarantee the right to buy-out at lease end, because we hope to use some of the after-lease cars for a future ride hailing network.” Sure, it's a few more words to parse. But it would be one less thing for people to complain about. And it would be true and forthright. It is very good to be seen as true and forthright when asking customers to spend tens of thousands of dollars on something.
  - pkulak 7y ago
    That doesn't make customers think that FSD is Any Day Now so they'll spring for the option when they order.
  - ec109685 7y ago
    > It depends entirely on future factors unknown today (to us or Tesla) How can you be so sure?
  - londons_explore 7y ago
    The buy-out price at the end of the lease is set by the lessor. If they don't want to sell, they could just set the price very high. No need to announce that now - in fact, doing so will simply reduce sales.
  - 7y ago

Ecko123 7y ago

I like the confidence of self driving capability though

Animats 7y ago

Oh, come on. Reality: it's a price increase. "Model 3 Standard Plus used to cost $37,500, plus $3,000 for the Autopilot option. It now costs $39,500, with Autopilot included." No $35,000 Tesla.

AndrewBissell 7y ago
Bait and switch secured.
WillPostForFood 7y ago
* it's a price increase. "Model 3 Standard Plus used to cost $37,500, plus $3,000 for the Autopilot option. It now costs $39,500, with Autopilot included."* $37,500 + $3,000 = $40,500. Isn't that a price decrease if the price is now $39,500?
- jakobegger 7y ago
  Not if a significant fraction of buyers decided to skip autopilot after seeing Youtube videos of AP driving into stationary objects. Keep in mind that Tesla just started selling lower priced models in the US. Buyers of the base models are much more cost concious, so I assume that a lot of them would forego the AP option.

ABeeSea 7y ago

There is no way any of these model 3s end up in an autonomous ride share. Especially with only cameras and no LIDAR. I guess it does give them cover for not offering the option to buy at the end of the lease. Wouldn’t be surprised if they reverse this in 2-3 years.

kylecordes 7y ago
Sometimes I wonder if the much-ballyhooed short-sellers actually work in the Tesla marketing department :-) I know that companies get a lot of flak for saying hedged things. But Tesla could really benefit from some hedging. This pronouncement in absolute terms that there will be no lease-end buyout is ridiculous. It depends entirely on future factors unknown today (to us or Tesla), whether they will give customers the option of buying out when the lease and actually arrives, and they know it. So why not just say so? How about: “Tesla leases do not guarantee the right to buy-out at lease end, because we hope to use some of the after-lease cars for a future ride hailing network.” Sure, it's a few more words to parse. But it would be one less thing for people to complain about. And it would be true and forthright. It is very good to be seen as true and forthright when asking customers to spend tens of thousands of dollars on something.
- pkulak 7y ago
  That doesn't make customers think that FSD is Any Day Now so they'll spring for the option when they order.
- ec109685 7y ago
  > It depends entirely on future factors unknown today (to us or Tesla) How can you be so sure?
- londons_explore 7y ago
  The buy-out price at the end of the lease is set by the lessor. If they don't want to sell, they could just set the price very high. No need to announce that now - in fact, doing so will simply reduce sales.
- 7y ago