Tesla Introduces Leasing Option for Cybertruck Starting at $999 Monthly

The new leasing plan aims to boost demand as Tesla opens Cybertruck orders to all customers, bypassing reservation requirements.

Tesla's Cybertruck is now available for lease with monthly payments starting at $999, requiring a $7,500 down payment.
The leasing option provides access to a $7,500 federal tax credit, which is not available for direct purchases due to recent regulatory changes.
Tesla's move to offer leases comes as the company exhausts its backlog of Cybertruck reservations, now allowing immediate orders.
The Cybertruck has quickly become the third best-selling electric vehicle in the U.S., with production peaking at 1,300 units per week.
Leasing may appeal to customers wary of the Cybertruck's depreciation, offering a fixed-cost alternative to outright purchase.