Reports of a Model 3 leasing program could be a bad sign for Tesla investors

Reports of a Model 3 leasing program could be a bad sign for Tesla investors

5 years ago
Anonymous $Dftgs0JzgE

https://www.cnbc.com/2019/02/20/reports-of-a-model-3-leasing-program-could-be-a-bad-sign-for-tesla.html

Reports that Tesla might be starting a leasing program for its Model 3 sedan could be a bad sign for investors in the electric car maker, according to one analyst.

The timing of the reports could be a sign that the gradual expiration of federal tax credits for Tesla vehicles could be hitting demand for the sedan, said CFRA analyst Garrett Nelson in a note published Wednesday. The reduction in the tax credits began this year.

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