Tesla introduces extended service plan for Model 3 and Y batteries

Tesla has rolled out a new extended service agreement in the United States for the high voltage batteries and drive units in its Model 3 and Model Y vehicles. Priced at $2,000, the plan offers coverage for up to 24 months or 30,000 miles. It aims to provide owners with added protection against potential failures in these critical components.

The agreement, known as the High Voltage Battery and Drive Unit Extended Service Agreement, covers repairs or replacements for Tesla-manufactured or supplied batteries and drive units that fail within the coverage period. Owners face a $500 deductible for each such service. Notably, the plan excludes any external parts to these components.

Eligibility is straightforward and can be checked via the Tesla mobile app. Users navigate to the 'Upgrades' section, then 'Service Plans,' where the option appears if the vehicle qualifies. This service must be purchased before the standard Battery and Drive Unit Limited Warranty expires, as there is no grace period afterward. It is available only as a one-time purchase, with no subscription model offered at this time.

For those considering vehicle sales, the agreement is transferable. Once Tesla processes the ownership transfer, any remaining coverage passes to the new owner without interruption.

This development comes as Tesla continues to enhance support for its popular electric models, potentially easing concerns over long-term battery reliability for U.S. customers. The plan underscores the company's commitment to maintaining vehicle performance beyond the initial warranty.

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A realistic photo of the Tesla Model Y L SUV on a highway, illustrating its launch in the US and Puerto Rico.
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Tesla launches Model Y L in US and Puerto Rico

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Tesla has launched the Model Y L, a longer-wheelbase six-seat version of its popular SUV, in the United States and Puerto Rico. The vehicle is available as a Launch Series starting at $61,990 with deliveries scheduled for September or October.

Tesla has introduced a new promotional financing rate for the Model Y Performance in the United States. Buyers can now access a 3.99 percent interest rate on loans up to 72 months. The company also raised lease prices for its entire Model 3 lineup.

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Tesla has introduced a long-wheelbase version of its Model Y electric SUV to the US market. The new Model Y L offers a usable third row of seats and went on sale last week.

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