This is a slight spin on leasing, but it's a good one. I love the boldness of Musk's leadership with Tesla. Ready to go out on a limb and try new things. Clever way to ensure that tax breaks still happen, but gives confidence to the customer over things like battery life. It also allows Tesla to control the resale market for their product, as I am fairly sure folks buying a second-hand Tesla will want one where the battery has been fully refurbished by the Tesla factory team.
If you look at Tesla's ambitions - to start at the high end, experiment there then bring the innovations to the broader market - this could prove to be a much bigger change than it appears. Plus, lease-type mechanisms like this can lead to a significant greening of the auto industry over time if such arrangements take hold.
If you look at Tesla's ambitions - to start at the high end, experiment there then bring the innovations to the broader market - this could prove to be a much bigger change than it appears. Plus, lease-type mechanisms like this can lead to a significant greening of the auto industry over time if such arrangements take hold.