This company buys 200 Tesla vehicles a week – here’s its future…

This company buys 200 Tesla vehicles a week – here’s its future…

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An electric vehicle subscription service called Autonomy that uses Tesla Inc TSLA recently announced that it accepts nearly 200 Tesla vehicles per week.

according to a report of Electrek, Autonomy will soon add Tesla Model Y to its fleet. In addition, the company also plans to add 23,000 electric vehicles, which will be primarily out Rivian Automotive Inc RIVN, Lucid Group Inc LCIDand Ford Motor Company f.

Autonomy offers consumers a flexible and affordable way to access an electric vehicle. The company offers a low-tie and more cost-effective alternative to getting started with one Tesla Model 3 Standard and Long Range, now a Model Y Long Range.

Scott PainterCEO and Founder of Autonomy, said: “Autonomy has captured the moment for consumers by making subscribing to a cool electric vehicle cheaper, faster and easier than ever.”

Also read: Here’s what the world’s richest crypto billionaire has to say about Tesla dumping Bitcoin

“In the first quarter of the year, Tesla accounted for 75% of electric vehicles sold, with the Model Y and Model 3 alone accounting for 68% of the market, demonstrating the demand and popularity of these vehicles. We’re seeing demand five times what we expected for our Tesla Model 3 program, and with gasoline prices soaring, we knew it was time to add a popular crossover like the Model Y to our offering.” he added.

This is how the subscription model works. All subscriptions include basic routine maintenance and roadside assistance. In addition, consumers can customize their monthly payment from as little as $690 per month (with a $7,900 startup fee) up to $1,350 per month (with a $1,000 startup fee and no vehicle upgrades).

A $500 security deposit is required upon subscription activation.

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