Another GM EV1 repeat, let’s destroy the evidence.

So, by that logic, I guess you are saying Tesla intends to crush all the vehicles being returned from leases because they aren’t giving people the option to purchase at the end of their lease.

Prices on used vehicles are crazy right now. People are buying vehicles at the end of the lease term, and immediately selling them to Carmax or the like and turning a nice profit. The lease departments know they can’t guess the correct residual value, or if they do, lease payments are “too low”. So, they’re doing normal depreciation, but not letting you purchase at the end of the lease. Once prices stabilize in X months/years, buyout clauses will return to the standard lease contract.