Tesla is fighting the EV sales slump with short-term rentals
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Tesla is fighting the EV sales slump with short-term rentals
"Tesla is now in the business of short-term car rentals, as the company tries to mitigate falling sales in the US following the expiry of federal tax credits for electric vehicles. Rentals are currently being offered in two California Tesla stores in San Diego and Costa Mesa, with plans to expand to more locations by the end of this year, Electrek reports."
"Vehicles can be rented for three to seven days, with prices starting at $60 per day, depending on the Tesla model. To sweeten the deal, Tesla is allowing customers to charge the vehicles at Supercharger locations and use supervised Full Self-Driving for free, alongside providing a $250 credit for renters who choose to purchase a Tesla. This launch comes as demand for EVs is expected to decline in the US following the $7,500 federal tax credit ending on October 1st."
Tesla has started offering short-term car rentals at two California stores in San Diego and Costa Mesa, with plans to expand by year-end. Vehicles rent for three to seven days, with prices starting at $60 per day depending on model. Renters can charge at Superchargers, use supervised Full Self-Driving for free, and receive a $250 credit toward a Tesla purchase. The program allows direct rentals from Tesla rather than third-party fleets. The initiative aims to counter expected declines in US EV demand after the $7,500 federal tax credit expired on October 1st.
Read at The Verge
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