A Tesla Model S Could Be Your Next Company Car

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If you're a small or medium-sized business owner.

A year ago, Tesla started something called its Resale Value Guarantee program. This gave customers the option to return a Model S after just three years for a predetermined value. Basically, the idea is to make sure Tesla customers stick with the brand, while giving them favorable leasing terms at the same time. And now Tesla is looking to expand its customer base even further, with a new business lead deal that’s aimed directly at the likes of small and medium-sized businesses.

These business owners will be able to deduct the monthly payments from their business taxes, and can even handle and sign their lease agreements completely online. Tesla’s new finance unit has joined with some partner banks to offer loans within its already established Guarantee program. However, this new program is only available in 10 US states for now. They include California, Colorado, Connecticut, Florida, Illinois, Massachusetts, Maryland, New York, Texas, and Washington.

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