Why New EV Drivers May Look Beyond Tesla
WSJ Tech News Briefing
The Wall Street Journal
4.3 • 1.7K Ratings
🗓️ 25 January 2024
⏱️ 11 minutes
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| 0:00.0 | This episode is brought to you by the Kia Power On event, featuring the award winning Kia |
| 0:05.2 | EV6 with Ultra Fast Charging, available now with 2.9% APR representative, 1,000 pounds |
| 0:11.4 | PCP finance deposit contribution, and two years free servicing when you |
| 0:15.6 | order by the 29th of February. Take the lead, Drive Electric. Search the Kia Power On Event |
| 0:21.1 | today. Teacencies apply Kia Finance, free servicing offer available until 29th of February. Welcome to Tech News Briefing. It's Thursday, January 25th. I'm Alex Oscela for the Wall Street Journal. |
| 0:39.0 | Tesla is projecting slower growth for the year ahead, and its fourth quarter revenue came in shy of analysts expectations. |
| 0:46.3 | On today's show, we're looking at why new EV drivers may be setting their sites beyond Tesla. |
| 0:51.6 | One reason, why buy when you could lease? Stephen Wilmot, an editor of |
| 0:55.9 | W.S.J's Hurt on the Street column, tells us why more consumers are looking to lease |
| 1:00.0 | EVs and what that might mean for automakers. |
| 1:03.0 | And then, in Europe, Apple users will soon be able to download apps from somewhere other than the iPhone's App Store. |
| 1:09.0 | But Apple's new policies may mean developers will have to pay to put their apps elsewhere. |
| 1:14.8 | We'll hear more about the changes from W.S.J. reporter Aaron Tilly. |
| 1:20.8 | But first, for a growing number of consumers looking to drive an electric vehicle, |
| 1:25.3 | leasing one is looking more appealing than buying one. In December, 59% of the EVs sold |
| 1:31.1 | through US dealerships were leased rather than bought, according to data provider |
| 1:34.7 | Edmonds. Those numbers don't include Tesla or companies like it that sell directly to consumers. |
| 1:39.7 | Here to tell us what this shift means for the broader EV market and Tesla is Stephen Wilmot, |
| 1:44.9 | an editor of W.S.J's Heard on the Street column. Stephen, why are consumers interested in leasing |
| 1:50.5 | EVs instead of buying them? Leasing makes a really natural fit for three reasons. in leasing |
| 1:53.0 | makes a really natural fit for three reasons really. |
| 1:55.4 | One is that it's a fairly new technology so people aren't that familiar with it. |
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