This is the sixth part in an ongoing series on electric vehicles, with a focus on Tesla Motors. See below for links to the rest of the series. After announcing it’s first-ever profit Sunday, Tesla Motors took a step toward revving up sales of its electric vehicle even further. The company announced a financing program that combines some of the best elements of buying and leasing and allows you to drive off the lot in a brand new Tesla Sedan with no down payment (sort of) and a monthly payment that’s under what a competitive luxury vehicle (think Audi A8 or Mercedes S550) would lease for. Tesla even goes as far as saying the “Effective Monthly Cost” might be under $500. Realistically, the offer isn’t quite that good, but it’s going to broaden Tesla’s appeal nevertheless. …read more
Source: FULL ARTICLE at Forbes Latest