New Lease/Loan Program is a win-win-win-win-win. I bet customers are already calling, and the orders will follow big time. Hold your shares.
I reviewed the details of the Tesla Lease/Loan Program. This seems to be a well-crafted financing plan that is win-win-win-win-win. Tesla wins by selling more cars as the program will bring buyers that might not be able to pay cash plus reduces risk by creating a resale price floor. Customers win because the program gets them financing to buy the Tesla they want with financing they can afford. The government wins by getting more folks to drive zero emission cars. The public wins by getting more folks to drive zero emission cars. The banks win because they make a profit on the financing.