It's also worth noting that Tesla has scrapped building a separate version of the base trim Model 3. Customers who want this version from now on won't be able to get it from Tesla's online ordering menu - they'll have to call or visit a store instead.
Tesla said the move was largely due to the fact that the Plus has been outselling the Standard Range by a factor of 6 to 1. It now costs US$39,500 with Autopilot included. Customers won't have the option to buy the auto at the end of the lease because the company plans to use the vehicles in a forthcoming Tesla ride-hailing network, according to the blog post. The lease runs for 36 months, and lessees can choose from three annual mileage allotments - 10,000, 12,000 or 15,000 miles per year.
Typically at the end of a leasing period, you would buy the auto outright or trade it for a new model with a similar leasing plan. Notably, leasers won't have the option to purchase their auto at the end of the lease as Tesla aims to repurpose them for its future ride-hailing network.
This is because Tesla plans to use those previously leased vehicles in its upcoming ride-hailing network.
Interested customers can apply to lease a Tesla now at tesla.com/3. Yesterday, further updates were introduced as detailed on the Tesla blog.
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The model will be equipped with Tesla's Autopilot assisted driving function, the automaker said.
According to Tesla the demand for the Standard Plus blew them away, selling at six times the rate of Standard. Other features like Tesla's onboard music streaming service, navigation with live traffic visualization and heated seats will also be disabled.
According to Tesla, it noticed the slightly pricier Standard Plus variant (with 386km range) was selling at over six times the rate of the Standard Range model, and therefore chose to "simplify our production operations to better optimise cost, minimise complexity and streamline operations".
Standard customers can upgrade to Standard Plus at any time and Standard Plus customers can downgrade and receive a refund.
MobileSyrup has reached out to Tesla to learn about the current price of the Standard Range and Long-Range Rear-Wheel Drive Model 3s.