Tesla works to repair damaged relations with Europe leasing firms

Tesla charging in UK Arc 2024 — A Tesla Model S recharges near London. Leasing and rental-car company purchases comprised 44 percent of Tesla sales last year in the U.K. and 15 EU countries, according to market researcher Dataforce. (REUTERS)

By:

Reuters

May 20, 2024 08:16 AM

LONDON -- Tesla is working to appease some European leasing companies after the automaker's repeated retail price cuts tanked their fleets' value and its slow service and expensive repairs alienated their corporate customers.

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