I'm trying to decide whether or not to buy the extended warranty myself. I'm at almost 41,000 miles after 18 months of driving. I'm estimating that $4000 ESA will cover me for an additional 2 years or so.
But... what does it actually cover?
It doesn't cover the battery or motor (which is already covered by the primary warranty).
The extended warranty explicitly doesn't cover "adjustments necessary to correct squeaks, rattles, water leaks or wind noise." -- which has been one of my recurring issues.
It also doesn't cover "suspension alignment, wheel balancing, hoses, air conditioning lines, hoses or connections, battery testing, fluid changes, appearance care, filters."
Not surprisingly, it doesn't include "Bright metal, sheet metal, bumpers, ornamentation moldings, carpet, upholstery, paint, shock absorbers, 12V battery, battery cables, lenses, light bulbs, sealed beams, glass (e.g. windshield), wheels, interior trim, body seals and gaskets..."
Oh, and "You must follow correct operations procedures and have Your Vehicle serviced as recommended by Tesla during the Agreement Period of this Vehicle ESA. If requested, proof of required service, including receipts showing date and mileage of the Vehicle at the time of service, must be presented before any repairs under this Vehicle ESA commence. Service within 1,000 miles and/or 30 days of Tesla’s recommended intervals shall be considered compliant with the terms of this Vehicle ESA." (Which, for me, means three "annual" service appointments each year at a cost of $600-900 each... plus pick up / delivery for distance from Service Center.)
After all of that, if something covered does go wrong, you still pay the $200 deductible for the repair.
I'll follow up on this post in 12 months -- after my new vehicle warranty has expired and all of my door handles and screens stop working.