Tesla begins offering leases for Model 3

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

Tesla is restructuring how it sells the Model 3 since the Standard Plus trim option has been selling on average six times more than the base model vehicle. In Germany, Tesla is charging a base price of 44,500 euros (plus a handling fee of 980 euros) for this version, which offers a WLTP range of 415 km.

Tesla is apparently moving to retire the $35,000 entry-level Model 3 before shipping the first units, though Autopilot comes standard and customers can now lease the auto. While still available for purchase, phone and in-person sales give Tesla sales reps an opportunity to up-sell buyers.

This means that the car's hardware is exactly the same Standard Plus, but it's missing features like "onboard music streaming service, navigation with live traffic visualization, and heated seats". Just like in the USA, the entry-level version with a range of 386 kilometres has added Tesla's semi-autonomous driving technology as part of its standard equipment list.

The electric automaker has removed the Model 3 Standard from its online ordering menu.

The phasing-out of online Model 3 Standard sales comes a week after Tesla announced disappointing first-quarter vehicle deliveries. Buyers can choose any Model 3 variant with annual mileage options of 10,000, 12,000 or 15,000.

More than 100,000 migrants encountered at USA southern border in March
Later, Congress mandated that foreigners seek asylum within one year of arriving in the United States . Customs and Border Protection's ability to perform all of its duties, officials said.

Tesla has changed its mind on the Model 3 again.

Tesla's Autopilot is in two packages.

"Given the popularity of the Standard Plus relative to the Standard, we have made the decision to simplify our production operations to better optimize cost, minimize complexity and streamline operations", Tesla says.

It's important to highlight that "customers who choose leasing over owning will not have the option to purchase their vehicle at the end of the lease".

Tesla said the move was largely due to the fact that the Plus has been outselling the Standard Range by a factor of 6 to 1. They'll have to call or visit a store instead, and the auto won't come with Autopilot. Tesla said the option to lease a Model 3 is now open to USA customers with a small down payment and competitive monthly payments. Deliveries of the vehicle at that price point - the big promise of the Model 3 when it was first unveiled in March 2016 - are just beginning this weekend. Previously, the base price of the Model 3 was $37,500 and Auto-pilot took another $3,000.

Related news:

Hot News

isis-killer-beheading-video-story-top All eyes on Woods, Molinari as Masters heads to stormy end
Apr 15, 2019 - 05:27
Francesco Molinari gives an honest assessment of his performance, and speaks about Tigers' 2019 Masters win. A major betting firm has taken a major hit after a gambler bet big on Tiger Woods winning the Masters .

isis-killer-beheading-video-story-top Luke Walton Hired As Next Sacramento Kings Head Coach
Apr 15, 2019 - 05:11
Walton has been hired to coach the Sacramento Kings , who recently fired head coach Dave Joerger after three seasons. Multiple reports suggest that Walton, 39, is on the verge of becoming the next head coach of the Sacramento Kings.

isis-killer-beheading-video-story-top Strong storms in US South kill at least 8 and injure dozens
Apr 15, 2019 - 04:55
Multiple people were injured and several homes were damaged in Hamilton, Mississippi, said Monroe County Coroner Alan Gurley. Isolated damage reports came in from throughout the state, including the hard-hit area of Troy in Pike County.

isis-killer-beheading-video-story-top Julian Assange: Sweden considers reviving rape inquiry
Apr 14, 2019 - 03:24
On Thursday, UK police finally arrested him at the Ecuadorean Embassy in London , where he has spent the last seven years. Assange denies the Swedish allegations, which have a limitation period that expires in August 2020.

isis-killer-beheading-video-story-top Israel's Netanyahu wins re-election, main challenger concedes defeat
Apr 14, 2019 - 02:49
In February Israel's attorney general recommended he be indicted on charges of bribery, fraud and breach of trust. The vote had always been expected to be close, even with Netanyahu facing potential corruption charges.

isis-killer-beheading-video-story-top PlayStation Confirms All PS4 Users Can Change Their PSN ID From Today
Apr 14, 2019 - 02:34
As soon as PlayStation players load into Fortnite: Battle Royale, they will see their new ID above their name in the lobby. We've all had them, right? As long as you're willing to pay, though, you can change your ID as many times as you'd like.

isis-killer-beheading-video-story-top First privately funded moon mission ends in crash
Apr 14, 2019 - 00:26
Previously, only government space agencies from China, the former Soviet Union, and the US have achieved successful moon landings. An additional $5 million was available for various special accomplishments, bringing the contest's total purse to $30 million.

isis-killer-beheading-video-story-top Japan: Missing F-35 stealth fighter crashed into Pacific Ocean
Apr 12, 2019 - 08:58
Eight ships and seven aircraft, including a US Navy P-8 Orion maritime patrol plane, joined the search and rescue effort. The cause of the crash, which occurred at 7:27pm local time on Tuesday (6:30am EDT), remains unknown.

isis-killer-beheading-video-story-top Former Obama WH counsel indicted in Mueller probe
Apr 12, 2019 - 08:55
Prosecutors said on Thursday that, if convicted, Craig faced sentences of up to five years' imprisonment for each charge. Craig served under President Barack Obama from 2009 to 2010 and is a prominent Democratic attorney.

isis-killer-beheading-video-story-top Hamilton - Ferrari hard to judge
Apr 12, 2019 - 08:55
Vettel spun on lap 38 of the race having been passed by Lewis Hamilton , going on to finish fifth and behind team-mate Charles Leclerc .

isis-killer-beheading-video-story-top What does a black hole look like? We're about to find out
Apr 12, 2019 - 07:59
That's the supermassive black hole at the center of the distant Messier 87 galaxy, the first-ever image of a real black hole . It took two years to collect and analyze the 5 petabyes of data collected from the telescope network observations.

isis-killer-beheading-video-story-top French press claim Paul Pogba wants to leave Manchester United
Apr 12, 2019 - 07:28
Eider Gudjohnsen says Champions League qualification could persuade Eden Hazard to remain at Chelsea . Maybe we have not had a good season, but we are all together in this".

isis-killer-beheading-video-story-top Jake Gardiner driven by Game 7 collapse, possible last Leafs stand
Apr 12, 2019 - 07:13
This time , Toronto held a 4-3 lead heading into the third, when they melted away by again allowing four unanswered Bruins goals. The Bruins defense is significantly better than the Leafs and Tuukka Rask gets the edge over Frederik Andersen in net.

isis-killer-beheading-video-story-top Mnuchin says request for Trump's tax returns is under review
Apr 11, 2019 - 03:32
Waters then interrupted him, saying, "Please do not instruct me as to how I am to conduct this committee". Trump's position has always been that he is under audit and therefore could not release his returns.

isis-killer-beheading-video-story-top Scientists may reveal first black hole pictures
Apr 11, 2019 - 02:41
In the optical range, the ring around the black hole would likely appear white, perhaps tinged with blue or red, according to Fox. A light year is the distance light travels in a year, 5.9 trillion miles (9.5 trillion km).