Tesla and rival electric-vehicle maker Tesla Motors Inc. have both said they plan to guarantee secondhand cars priced under $500.
The new guarantee is part of the company’s plan to boost its reputation and attract investors to the company.
But in order to reach that goal, Tesla has started selling its cars at very low prices.
The company has been a pioneer in offering second-sale pricing, which offers discounts on the initial purchase price for older, more valuable cars.
The first-sale price was $6,000 for a new Tesla Model S sedan, and the price of a second-generation Model X SUV.
The cost of the second-year Tesla Model X SUVs was $35,000 in June, down from $54,000.
But the company has continued to offer second- sale pricing for Model X cars.
Tesla says that the second sale price guarantees the car for the first 10 years, and that the company can sell cars to people for as much as $100,000 after that.
This is different from a warranty.
The warranty guarantees that the car has been used, but it does not cover parts or repair costs.
“Tesla will continue to work to ensure that its cars are sold to customers at the lowest price possible,” the company said in a statement.
The second-party guarantee means that Tesla does not have to sell cars at a price that is more than a year or two away from the time of purchase.
Tesla has also launched a second offering of its cars in a separate sale.
Customers who buy a second Tesla vehicle in this sale will receive a $25,000 cash gift.
Tesla said it will offer a similar guarantee for the second year of the car.
But a spokesman for Tesla said the company does not want to put any financial pressure on buyers.
The price guarantee is not Tesla’s only way of boosting its reputation.
The automaker said it is also planning to offer an offer of $100 to customers who buy cars at the same time it sells its premium vehicles.