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Home » Tesla lease penetration, deliveries slump

Tesla lease penetration, deliveries slump

Total sales subject to lease accounting dropped to 2%

Joey PizzolatobyJoey Pizzolato
April 2, 2024
in Leasing
Reading Time: 1 min read
0
A Tesla store in Colma, California, US, on Wednesday, Dec. 13, 2023. Tesla Inc. will fix more than 2 million vehicles, its biggest recall ever, after the top US auto-safety regulator determined its driver-assistance system Autopilot doesn't do enough to guard against misuse.

(Photo/Bloomberg)

Tesla Finance logged a decline in lease penetration in the first quarter as sales fell below analyst estimates. Sales subject to lease accounting dropped 3 percentage points year over year in Q1 to 2%, according to the automaker’s quarterly sales report released today. Total deliveries came in at 386,810 units, a decline of 8.5% YoY […]

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Tags: electric vehiclesPremiumTesla
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