Tesla’s lease penetration dropped in the first quarter despite increased deliveries and production compared to a year prior. The Austin, Texas-based EV manufacturer delivered 358,023 vehicles in Q1, up 6.4% year over year but down 14.4% quarter over quarter, according to the company’s April 22 earnings presentation. Of those vehicles, 1% were leased compared with 4.1% in Q1 2025 and 2.6% in Q4 2025, according to an Auto […]
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