Tesla Motors is offering the most affordable monthly lease option on the market with its new “Tesla Model S” sedan.
The $70,000 Tesla S is available to lease in California starting today and in the rest of the country by the end of June, and it will be available for $75,000 per month starting at the end the month.
Tesla is offering a lease option with no monthly payment and no contract at all.
The company said it was giving customers the option to buy an upgraded Tesla Model S at $7500, which includes the following upgrades: $7560 for a “Tesla Connect” suite of safety and driver assistance features, $7570 for the Autopilot self-driving mode, and $7600 for the Tesla Autopark car parking feature.
Those buyers can also choose to have a Tesla Model X or a Tesla Roadster, which Tesla calls the “Tesla Family” and is also the most powerful and capable model in the line.
The Model X is available for about $90,000 for the base model, and the Roadster is $100,000.
Both the Model S and Model X are on sale for $35,500, $25,500 and $15,000, respectively, for the first two years, and then prices start to drop off significantly.
The new lease option is the latest addition to Tesla’s leasing offerings, which include the new Tesla Roadsters and Model 3.
Tesla has also introduced a new monthly financing program for Tesla owners to borrow money to purchase a Tesla.
The Tesla Model 3 is expected to be available in late 2021, though there’s no firm date for the new vehicle.
Tesla did not offer any pricing details on the Model 3 in the announcement.
Tesla CEO Elon Musk also unveiled a new “Model X” sedan in December, which the company said will be more affordable and capable than its more expensive Model S sedan.
That sedan will be the first car in Tesla’s lineup with a full array of Tesla features, including a “Connected Drive” system that allows the vehicle to drive itself and the driver to control the vehicle from afar.
The company also announced that it would be launching its own autonomous driving software suite, called Autoparks, in the first quarter of 2019.
The suite will include more than 20,000 driver and passenger-assist features.