What you're asking for does not make sense. If you need to slow down, regen is the best way to slow down. If you had some "magical" coast mode, that would force you to use the brakes to slow down, wasting that kinetic energy into heat. You do not want this "coast" mode, it will do the opposite of what you think.
But . . . what I really want is to be able to coast when I can, and then when I need to slow down, use as much regen as possible, versus brake pads. The problem I'm discovering with my M3 (and I believe all Tesla's to date) is that you can't do this - you can't have both. When Regen is on "standard" on my M3 (which is "high" regen), the regen is on, all the time, always. I can't coast, at all. But in the other "Low" setting, I regen is less, and it is possible to coast a bit, BUT when I apply the brakes, NO additional regen is added to slow down the car.
The best would be both. No regen (coasting) when you let off the accelerator pedal, but ALL regen when you brake, or a lot at least. Then, when it's more efficient to coast - which it is sometimes - you can do that. But when you need to slow down, at all, when you hit the brake pedal then regen is used, completely or mostly (blended).
What I'm seeing from looking at posts about this subject is that the main reason perhaps Tesla does not have such a set up is because the "blending" of regen with pads to slow a car down is a technology that is spotty and complicated and jerky/uneven. Not a good "braking experience" in other words, which would reduce the fun of driving the vehicle noticeably. Indeed, in my Fiat 500e, the which did use 100% regen when you hit the brakes, until you got to 8mph where the pads would then take over, had pretty "grabby" and uneven braking.
OK, but Tesla is really good at this stuff. It's clearly better than Fiat in all things EV, let's be honest. So, it's likely that if Tesla applied itself to this blended/regen braking thing they'd make a really great system, I'd think, where you could coast when that's most efficient, but when you hit the brakes, you'd be regen'ing big time. Here's to hoping they'll do that.