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Tesla Offers Leasing Program for Businesses

Tesla Motors (TSLA) said Tuesday it will begin offering a leasing program for small and medium-size businesses that are interested in the company’s electric cars.

According to Tesla, the new program came in response to business owners who were seeking a financing option that would allow them to deduct payments from their business taxes. The business leasing plan will be available through a new Tesla Finance subsidiary.

“The lease program completes a suite of products, including the Resale Value Guarantee and loans from our banking partners, that covers a comprehensive range of financing needs for Model S customers,” Tesla said in a blog post.


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