Nov. 11, 2025, 12:27 p.m. ET Tesla is shifting gears from selling cars to renting them out after a collapse in US demand, launching a short-term rental program out of its stores as inventories swell across the country. The company quietly rolled out the new service in early November, starting with its San Diego and Costa Mesa, Calif., locations, according to the news sites Electrek and Teslarati. The program comes as Tesla shareholders approved a whopping $1 trillion pay package for CEO Elon Musk, who is banking that the company will gain significant traction in the humanoid robots industry. Tesla is shifting gears from selling cars to renting them after a collapse in US demand. Christopher Sadowski Customers can rent a Tesla for three to seven days at a time at prices starting around $60 a day, depending on the model. The program covers Model 3, Model Y, Model S, Model X and Cybertruck vehicles. Each rental includes free “Supercharging” and “Full Self-Driving (Supervised),” Tesla’s advanced driver-assist feature, with no mileage limits. Explore More