The Tesla Motors Inc. is looking to extend its offer to the second-hands of its second-generation Model S sedan by offering a guaranteed second-heirloom electric-car warranty on the same terms as its conventional-car customers.
Tesla has announced the move to offer a second-gen Model S second-wheel warranty that will cover all parts and labor costs.
The premium of the Tesla warranty extends to the first-year purchase of the Model S, which is priced at $50,000.
It also extends to all subsequent Model S orders.
Tesla, which launched its second wave of Model S sedans in October, says that it expects the warranty to cover any part and labor cost that the customer incurs when they purchase the Model SE or Model X. The company has also announced that the warranty will cover the cost of replacement parts, including the batteries, which it has a policy for.
The company also announced a new program for Model X owners that will extend the warranty for an additional year.
The program will cover a total of $6,600 worth of parts and $4,200 worth of labor costs for the first year of ownership of the car, including $2,200 for a replacement battery.
The second year is for $3,800 worth of items and $2.50 worth of labour.
The program is only available to customers who already own a Tesla, but the company says it will be available to new customers as well.
Tesla says that Model X and Model S owners can also apply for the program.
The automaker is also offering the second warranty to its customers for the cost it would cost to repair the vehicle, including parts, labor and repairs.
The Tesla warranty will begin at $25,000 for a second Model S or $25k for a Model X, according to Tesla.
Tesla’s third-quarter earnings release also showed that the company has posted sales of $5.2 billion in the first quarter, which includes the second quarter.