Tesla launches model 3 leases, will retain cars for autonomous Uber-like after-service service

Tesla announced today that it is launching a model 3 lease and interestingly, it won't let people buy the cars after the lease is scheduled to use them in its scheduled self-propelled Uber-like service called "Tesla Network."

Along with a number of changes in his presentation today, Tesla also announced that it is launching its Model 3 rental program today:

"As of today, customers in the US will be able to rent model 3 for a small down payment and competitive monthly payments. Customers can choose any model 3 variant and choose an annual mileage of 10,000, 1[ads1]2,000 or 15,000 miles. "

Tesla confirmed that customers will not be able to purchase Model 3 at the end of the lease.

The Company says they have other vehicle plans:

"Please note that customers who opt for leasing over ownership will not be able to purchase their car at the end of the lease because with full autonomy coming in the future through an over-the-air software update, we plan to use these vehicles in the Tesla equestrian center. Customers can visit tesla.com/3 now to rent a model 3. "

Tesla has taken the plan to start a uber -like autonomous riding-seeking service when it reaches self-driving capacity. We expect to hear more details about the service on April 22.

The company plans to let Tesla owners put their own cars on the fleet and drive their own owned cars in the fleet.

Now it sounds like Tesla