The $1.8 billion Porsche lease deals will be available on Tesla’s website starting Tuesday.
The deals are expected to go live in the coming weeks, with the first-quarter earnings report expected to be announced next month.
The Porsche lease offers up a new level of convenience for Tesla owners, and it comes at a time when the electric automaker has been on a spending spree.
The Porsche deal comes at the right time for Tesla, as the automaker is ramping up its fleet of Model S sedans and Model X crossover trucks.
That’s why Tesla CEO Elon Musk said the new lease deals would help the company “stay competitive.”
For Tesla, the new leasing deals will help Tesla keep its competitive edge and attract more buyers to its premium brand of electric vehicles.
The first Tesla lease deals are available for all vehicles, including the Model 3 sedan and Model S sedan.
The new Tesla lease offers a number of incentives for buyers, including $1,500 cash back for first year and $1k cash back after that, and $150 in Tesla credit toward the purchase of a new Model S or Model X SUV.
The Tesla lease is available on select Tesla models, including all Model S and Model Y sedans.
Tesla also offers a limited number of lease options for Model X vehicles.
Tesla leases are a great way to give customers a more affordable option for buying a car, as long as they buy a Model S, Model X, or Model 3.
The Tesla lease has become the go-to option for customers looking for a car that can drive more miles per gallon than other sedans, or for those looking to buy a premium car that comes with premium features.
While Tesla is selling new Tesla models and leasing its premium Model S vehicles, it still faces some competition.
Porsche, meanwhile, offers a more traditional lease deal, with its lease for the 2018 Porsche Cayenne sedan and the 2018 Cayenne SUV available for the purchase price of $17,500.