<div id="readability-page-1"><div><div><p><strong>Tesla Inc.</strong> <span>TSLA</span> is offering $0 down leases on used EVs in its inventory amid poor sales figures across multiple markets.</p><h2>$0 Down On Model Y And Model 3</h2><p>The EV giant is offering $0 down on leases up to an annual 15,000 miles on used Model 3 and Model Y vehicles listed on the Tesla website, first reported by Electrek on Wednesday.</p><p>The lease is only available for California and Texas, with the company offering leases up to 24 months on both vehicles. While there isn't a down payment, Tesla will charge an acquisition fee of $695 during signing, alongside the first monthly payment, as well as taxes, registration and other fees.</p><p><em>Source: Tesla</em></p><h2>Dwindling Sales, Tesla's Lawsuits</h2><p>The news comes amid Tesla's lackluster sales, which have been on the decline for some time. Tesla registered a 60% drop in its UK sales for July, while it recorded a steep 88% drop in deliveries in Sweden, signaling worsening sales woes for <strong>Elon Musk</strong>'s EV giant.</p><p>Tesla also faces multiple lawsuits over its FSD technology — filed as a class action lawsuit by customers in California over misleading FSD claims. The company's Robotaxi also faces legal challenges with investors suing Tesla over the autonomous cab's safety concerns.</p><h2>Model Y L Not Coming To The U.S., Elon Musk's Pay Package Row</h2><p>Meanwhile, Musk has hinted at the possibility that the Model Y L, a 6-seater variant of the Model Y SUV, currently on sale in China, might not be coming to the U.S., drawing mixed reactions from Tesla's fans.</p><p>At the same time, a group of Tesla investors voiced &#34;serious concerns&#34; about Musk's new $29 billion pay package and have demanded a NASDAQ probe into the compensation award, which includes Musk getting 96 million shares of the company.</p><p>Tesla scores well on Momentum and Growth metrics, while offering satisfactory Quality, but poor Value. For more such insights, sign up for Benzinga Edge Stock Rankings today!</p><p><em>Check out more of Benzinga’s Future Of Mobility coverage by</em><em> following this link.</em></p><ul> <li>Cathie Wood's ARK Invest Says Tesla Robotaxi Could Represent 90% Of TSLA's Value — Global Autonomous Taxi TAM Could Reach $10 Trillion By 2030</li> </ul><p><em>Image vIa Shutterstock</em></p></div></div></div>

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<p>Tesla Inc. is introducing $0 down leases for used Model 3 and Model Y vehicles in California and Texas amid declining sales. The leases, available for up to 24 months and 15,000 miles annually, come with a $695 acquisition fee and other costs. This move follows a significant drop in sales, including a 60% decrease in the UK and an 88% drop in Sweden. Additionally, Tesla faces lawsuits regarding its FSD technology and investor concerns over Elon Musk's $29 billion pay package.</p>

- Tesla Inc. is offering $0 down leases on used Model 3 and Model Y vehicles amid declining sales, particularly a 60% drop in the UK and an 88% drop in Sweden.  
- The leases are available in California and Texas for up to 24 months, with a $695 acquisition fee and other costs at signing.  
- Additionally, Tesla faces lawsuits regarding its FSD technology and investor concerns over Elon Musk's substantial pay package, which has prompted calls for a NASDAQ investigation.

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Elon Musk's Tesla Launches $0 Down Leases On Used Model 3 And Model Y Vehicles In US Amid Sluggish Sales