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Love Your Tesla? Now You Can Own It After Your Lease Ends!

  • 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.

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