Skip to content
Markets
Hyperdrive

TrueCar Founder’s New Venture Will Get You a Tesla in 10 Minutes

  • Scott Painter launches subscription program for Model 3 sedan
  • Service begins in California, with other states to follow
Scott Painter, founder and CEO of vehicle subscription company Autonomy.
Scott Painter, founder and CEO of vehicle subscription company Autonomy.Photographer: Steven Carter/Autonomy
From

For drivers who dream of cruising around in a Tesla Inc. but can’t afford one -- or just have commitment issues -- there’s a new option.

Entrepreneur Scott Painter, best known for founding auto-pricing company TrueCar Inc., has launched a Tesla subscription service giving customers a Model 3 sedan for a flat monthly fee. The new venture, called “Autonomy,” has acquired about 100 of the vehicles from Tesla so far.