Tesla’s $35,000 Model 3 Standard is now only available via special order. Tesla has made some pretty significant changes in its vehicle lineup and pricing.
In a blog post, the electric car maker outlined the changes that include making the Model 3 Standard only available by phone order or in store.
First things first
Tesla says the changes were motivated by making online ordering more simple as well as responding to market demands.
From today Tesla's famous Autopilot software will become a standard feature instead of an optional extra. While that might seem heavy-handed to some, they also made it cheaper.
The website explained that a Model 3 Standard Plus used to cost $37,500, plus $3,000 for the Autopilot option. It now costs $39,500, with Autopilot included. Tesla says the change was motivated by safety, it claims that ‘the chance of an accident is much lower when Autopilot is enabled’.
Tesla introduces leasing
According to Tesla reviews, use of the tool greatly enhances an owner's driving experience, particularly in heavy traffic. A really interesting movie is the introduction of Tesla leasing.
In today’s announcement Elon Musk;s ambitious company say customers are now able to ‘lease Model 3 for a small down payment and competitive monthly payments.’ Leasing customers can select an annual mileage option of 10,000, 12,000, or 15,000 miles.
Autonomy is coming
While many car companies offer leasing options on new cars Tesla's model bucks the trend in a very unusual way.
Typically at the end of a leasing period, you would buy the car outright or trade it for a new model with a similar leasing plan. However if you plan to lease a Tesla take note that you will NOT have the option to purchase your vehicle at the end of the lease.
This is because Tesla plans to use those previously leased vehicles in its upcoming ride-hailing network. Tesla says that with ‘full autonomy coming in the future via an over-the-air software update’ the cars will form the beginning of the system that could go head to head with Uber and Lyft.
Interested customers can apply to lease a Tesla now at tesla.com/3.
Model 3 Standard gets shifted from website
Finally the last change Tesla has made affects its super popular Model 3. Last quarter Tesla introduced two versions of the car with slightly different pricing the - Standard and Standard Plus.
According to Tesla the demand for the Standard Plus blew them away, selling at six times the rate of Standard. Therefore in order to streamline production Tesla have made the decision to make the Model 3 Standard a software-limited version of the Standard Plus.
The Standard will have a range limited by 10%, and several features from the Standard Plus will be removed via software including Tesla’s onboard music streaming service, navigation with live traffic visualization, and heated seats.
Standard customers can upgrade to Standard Plus at any time and Standard Plus customers can downgrade and receive a refund. Customers after the limited standard model will have to call or go into tone of their brick and mortar Tesla stores as the model has now been removed from the online store.