Report: Tesla reduces used-car warranty

Tesla has reduced the length of its used-car warranty to one year or 10,000 miles.

As Electrek reports, Tesla previously offered two warranty plans depending on how old and how many miles were on the used electric car when people took ownership of them: 4 years or 50,000 miles and 2 years or 100,000 miles.

Now, the policy says: "Tesla used vehicles are covered by the remainder of 4 years or 50,000 miles left on the Basic Vehicle Limited Warranty. After expiration, the Used Vehicle Limited Warranty provides additional coverage of 1 year or 10,000 miles. If the Basic Vehicle Limited Warranty has already expired, the Used Vehicle Limited Warranty will provide coverage of 1 year or 10,000 miles, starting from your delivery date.”

Electrek says the move is “another strange killing of a consumer confidence builder from the automaker," following last week’s announcement that it canceled its “no questions asked” seven-day return policy.