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Benzinga
Benzinga
Business
Rachit Vats

TrueCar Founder's Latest EV-Focused Subscription Service Offers To Book A Tesla In 10 Minutes

Tesla Inc. Nasdaq Scott Painter Autonomy

TrueCar Inc (NASDAQ:TRUE) founder Scott Painter’s latest subscription-based service for electric vehicles can purportedly book a Tesla Inc (NASDAQ:TSLA) Model 3 in ten minutes for a flat monthly fee.

What Happened: Painter has raised $83 million in debt and equity financing for Autonomy, the venture that would let consumers book Model 3s for a three-month minimum term. 

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