Tesla has reintroduced the option for customers to purchase their leased vehicles at the end of the lease term.
The new policy allows lessees to buy out their vehicles using the Tesla app, excluding customers in Iowa and Louisiana.
The change in policy suggests a shift in Tesla's autonomous vehicle strategy, acknowledging that widespread autonomous driving might take longer than anticipated.
The lease buyout option provides flexibility for Tesla drivers, injects more pre-owned Teslas into the market, and opens up customization opportunities.