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Tesla Announces $408/Month Business Lease Program

In an attempt to make the Tesla Model S more accessible to the masses of fuel-conscious consumers, Tesla has announced a new Tesla Finance subsidiary along with a $408/month lease for businesses in 10 different states. Potential customers will now be one step closer in driving one of America’s hottest vehicles thanks to their respective employers.

Though such a deal may seem too good to be true, you’d be correct—the final figure is an optimistic translation of a wallet-squeezing $1,012 minus the gas-savings over a conventionally-powered vehicle ($261) and business tax subsidies ($343).

The petroleum savings are quite a stretch for most of the populace able to purchase the Model S, with the $261 amount being compounded with gas prices for Premium being over $4.00 per gallon and an $0.11 kWh with an average fuel economy of 20 mpg. Unless your business happens to drive a fleet of 1990s SUVs in the heart of Los Angeles, you may notice your lease payments rising steadily from the advertised $408.

For those in one of the ten lease-applicable states (CA, CO, CT, FL, IL, MA, MD, NY, TX, and WA), first deliveries are set to take place in June 2014.

Car-enthusiast since birth. British at Heart. Just enjoying the ride!

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