Tesla Launches $60/day Electric Car Rental with FSD & Free Charging

Key Takeaways

1. Tesla is launching a rental program in select US locations, starting from November 1, 2025, to attract new customers and reduce inventory.
2. The rental program allows customers to experience a Tesla for longer periods and is separate from a lease agreement.
3. Rented Teslas must remain in California, and renters must be at least 21 years old with a valid US driver’s license, credit card, and proof of insurance.
4. Customers who rent a Tesla can receive a discount of up to $250 on a purchase if they order a new vehicle within a week of renting.
5. The rental initiative comes as demand for electric vehicles has decreased due to the removal of government subsidies, and Tesla’s profits have dropped by 37% year-over-year.

Tesla is looking to draw in new customers in the United States with its fresh rental program, which also aims to cut down on its inventory. The pilot phase will kick off in selected Tesla locations, like San Diego, and is set to run from November 1 until December 31, 2025. It seems Tesla is trying to increase its sales numbers before the year’s end. It’s still uncertain whether this initiative will be available in other regions.

Rental Details

This deal is perfect for those who wish to experience a Tesla for more than just a couple of hours or for a few days. It’s a typical rental and not a lease agreement.

Restrictions

However, there’s a few restrictions: rented Teslas cannot leave California, and renters need to be at least 21 years old, providing a valid US driver’s license, credit card, and proof of insurance.

Special Offer

Tesla has a little bonus for potential buyers as well: anyone who places an order for a new Tesla within a week of renting one will get a discount of as much as $250 off the purchase price. Renters should be aware that if they return the electric car with below 50% battery, there will be an additional fee of $30.

The rental initiative comes at a tough time. The demand for electric vehicles in the US has dropped after the removal of important government subsidies (Federal Tax Credit). Local incentives, like the LDPLIP subsidy in Texas, provide grants of up to $2,500, but they only partially counteract the nationwide decrease. Tesla is also under pressure, with net profits decreasing by 37% in the last quarter compared to the same period last year.

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