Tesla Motors and Athlon Car Lease Announce First Model S Leasing Program

Tesla Motors (NASDAQ: TSLA) and Athlon Car Lease announced an agreement today to introduce Model S, Tesla's premium electric sedan, into corporate fleets across Europe. Athlon Car Lease has also reserved 150 Model S sedans to ensure early availability of Model S for its customers. This is the first Model S fleet reservation made worldwide by a leasing company.

The two companies first established a leasing program for the Tesla Roadster and Roadster Sport across Europe in July of last year. The Roadster leasing program is available in Germany, France, Italy, Spain, Belgium and the Netherlands.

The Model S leasing program extends this partnership into several other countries including Sweden, Portugal and Poland.