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TESLA MOTORS LEASING, INC. in Utah

Discussion in 'Mountain/Southwest' started by Denarius, May 23, 2013.

  1. Denarius

    Denarius Active Member

    Joined:
    Apr 27, 2013
    Messages:
    1,349
    Location:
    Utah
    Found the following business license... Is this what I hope it is?

    Entity Details: TESLA MOTORS LEASING, INC. - Utah Business Search - Utah.gov

    TESLA MOTORS LEASING, INC.


    Entity Number: 7844476-0143
    Company Type: Corporation - Foreign - Profit
    Address: 3500 DEER CREEK ROAD Palo Alto, CA 94304
    State of Origin: DE
    Registered Agent: C T CORPORATION SYSTEM
    Registered Agent Address:
    1108 E SOUTH UNION AVE
    Midvale, UT 84047

    - - - Updated - - -

    Upon further inspection it was originally registered 11/24/2010. Guess it doesn't suggest eminent store or service center.
     
  2. ZBB

    ZBB Emperor

    Joined:
    Feb 27, 2013
    Messages:
    1,419
    Location:
    Scottsdale
    UT has very favorable banking regulations -- so it would make sense to register an entity in Utah if they were going to do some captive financing...

    I'd say this is more likely how they'll eventually offer full on leasing, instead of the "loan with a residual" program they currently offer through US Bank and Wells Fargo. I'm guessing they got the entity set up, but decided not to capitalize it since they needed to focus on Model S production as well as X and GenIII development...
     

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