[Cookingboy]

This has nothing to do with FSD. Tesla can now set the lease rate with a very artificially low residual value so they can charge more monthly (but is offset somewhat by the capitalized cost deduction of the tax rebate), and then actually sell the car at market value after 3 years.

It's one way to double dip on the same vehicle and get more than 100% in revenue in respect to the original MSRP.

But sure throw that line in to cash in on the hype of ride sharing IPOs and FSD so they can raise a nice equity round in the near future.

[jmpman]

When would they be able to book the monthly lease, and the subsequent sale to their bottom line? It seems like a lease wouldn’t be the best method to help the short term finances.

[Cookingboy]

It's not, but it's better than no demand, that's why it's the last lever they wanted to pull.

Tesla is getting a bit desperate. Model 3 demand is obviously not shaping up to what they hoped.