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silvercygnus

silvercygnus
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  • The actual cost of Tesla's (TSLA) Model S financing plan for its cheapest model is $1,051/month (per Tesla's site), assuming a 2.95% APR, 10% down, and a 66-month loan. To get to Tesla's estimated "true cost of ownership" of $373/month, one has to discount (among other things) $284/month in energy savings, a $222/month business tax benefit, and (amusingly) $100/month for "time spent driving to a gas station and refueling" - Tesla assumes buyers value their time at $100/hour. Shares now -2% AH. [View news story]
    After all of the hype, I am somewhat disappointed with the actual terms and/or costs of leasing a basic S Model. Still covet the Roadster and like TSLA long, but I do not feel that this will expand their consumer base as expected or add stock value in any corporeal way. We shall see.
    Apr 3 02:08 AM | 1 Like Like |Link to Comment
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