Exclusive-Musk took leased cars back so Tesla could use them as "robotaxis." Instead, Tesla sold them

Quick Summary:

(REUTERS) -Tesla last November ended an unusual policy that prohibited U.S.leasing customers from buying their cars at lease-end.

Then, last November 27, Tesla's North America account posted on X, Musk's social media platform: "Lease buyout now available" for new contracts.

At the start and end of his three-year Model Y lease, Joe Mendenhall told Reuters, Tesla staff said they needed the car back for the robotaxi fleet.

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Category: EconomyBusiness

Markets: SingaporeBelgiumIndiaUnited States

Topics: Company Model Tesla Leased Lease Robotaxis Musk Cars Customers Year Vehicles

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-15 @ 19:02:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 1524 words

Reading Time: 9 minutes read

Sentences: 70 lines

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Copyright Owner: © Channel News Asia

News ID: 28728815

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