Tesla has seen strong sales of its Model S electric car, but Elon Musk is now hoping to bring in more buyers — and to do so, he's rolling out a new sales plan that promises to give potential owners a Model S for a mere $500 a month. On its face, that's far less than you'd pay for a luxury car lease, and a monthly payment lowers the barrier for people who couldn't buy a Model S upfront but make enough to get one through financing. But once you scratch the surface, that low number is based on some fairly creative math.
Essentially, Musk's plan is this: Tesla and Wells Fargo will offer 10 percent down financing on a Model S, with the down payment offset by a minimum $7,500 tax credit for electric cars. From there, the loan will last for...
via The Verge - All Posts http://www.theverge.com/2013/4/2/4175196/new-tesla-sales-plan-knocks-down-model-s-price-with-creative-math
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