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Tesla to offer Model 3 leasing products to boost demand: Electrek

VIDEO4:0904:09
Tesla reportedly plans to offer Model 3 leasing

Elon Musk's Tesla is preparing to launch its leasing products for Model 3, news website Electrek said on Tuesday, citing an email sent to employees.

The email stated that employees will be able to lease a Model 3 within the next two weeks, Electrek reported citing sources familiar with the matter.

The email did not say when consumers could lease the sedan.

Tesla confirmed to Electrek that they are preparing Model 3 leasing program, but the dates in the email are not final.

Tesla was not immediately available for a comment.

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Key Points
  • CEO Elon Musk said Tesla cars should have all the features needed to pick up passengers and drive them autonomously by the end of the year.
  • Musk made the comment on a podcast with Cathie Wood and Tasha Keeney of ARK Invest, which has holdings in Tesla.