The comparison isn't exactly fair. I love my Tesla and won't go back but if I'm not mistaken when leasing other brands you can buyback the car at the end of the term which isn't the case when leasing a Tesla.
Perhaps they do not want to put it in the contract now because they have some increasingly desperate robotaxi dreams, but it is clear to me that the robotaxi aint happening with the current hardware, and in a couple of years even elon will have to admit that.
Doesn’t this imply even-faster falling prices for ICE vehicles? We’re nowhere close to the Norwegian death spiral [1], but at 7.3% of sales growing at 2.6 percentage points YoY from a 1% base [2] we’re 5 years from their 20% fleet penetration rate [3], which implies a lot of gas cars being sold today will be scrapped versus resold. (I own a gas car. I expect to drive it until write off / they start penalty taxing gas.)
[1] https://electrek.co/2023/10/20/cratering-motor-fuel-sales-in...
[2] https://caredge.com/guides/electric-vehicle-market-share-and...
[3] https://europe.autonews.com/automakers/evs-now-make-20-norwa...
I think most EVs are more likely to be totaled by a crash than have their batteries replaced due to wear or defect.
https://threadreaderapp.com/thread/1379452303317610497.html
"The Robotaxi Repo Theory: Tesla overstated S/X sales in 2018 using new lease accounting methods, however this led to large 1Q19 writeoff. To avoid further writeoffs, TSLA declares cars appreciating assets in 2Q19, allowing collateralized borrowing to be considered sales."