Changes to the Tesla Leasing Experience
Starting early 2021, Tesla is moving the lease experience to your Tesla Account. Learn more about what to expect before and after your planned transition date.
What is changing?
Once the new lease experience is live, you will be able to take the following actions from the convenience of your Tesla Account:
- View invoices
- View current balance
- View Finance Agreement
- Manage direct debit enrollment
- Make one-time payment
- Request termination quote
- Request lease extension
- Request lease transfer
- Request lease return
What do I need to know?
Your planned transition date
You will receive multiple notifications before your transition date and an additional confirmation once your account transfer is complete. Tesla will contact you with any actions required before your transition date.
Lease process for a specific action
If a specific action, such as a lease return or lease extension, is in progress during your transition date, you may need to take additional action. Tesla will contact you with next steps as your transition date approaches to ensure minimal disruption to your experience.
Enrolling in direct debit
Before your planned transition date, we encourage you to enroll in direct debit, so your latest payment information is captured beforehand. However, please note that this is not required. You can also enroll in direct debit after your transition date.
Insurance policy address change
Your insurance provider may request that you update the additionally insured or lienholder address to the address listed below. Please promptly approve this request. You can also proactively change the address on your policy to the below address if preferred.
Tesla Lease Trust
12832 Frontrunner Blvd Suite 100
Draper, UT 84020
Tesla will keep you updated as your planned transition date approaches. If you have any additional questions, contact us.