Tesla Embarks on $783 Million Debt Sale Supported by Prime Leases

Tesla Inc., the electric vehicle giant run by Elon Musk, is poised for a significant financial effort with plans for debt sales of as much as $783 million. It would be backed by prime leases, according to people who are familiar with the deal. Its plan would revolve around tapping into an extended leasing model that gained a huge following from customers who prefer to lease high-tech electric vehicles than pay them in full.

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