You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More
Tesla's new financing program with these banks highlights an important trend.
Yesterday, Tesla Motors (TSLA -1.11%) announced its new financing product for its Model S, which partners with megabanks Wells Fargo (WFC -0.03%) and U.S. Bancorp (USB 0.32%). While the deal is certainly more impactful to Tesla's overall business, the partnership highlights the brand power of these banks.
In this video, Motley Fool banking analysts David Hanson and Matt Koppenheffer tell investors why investors in these banks should be excited and optimistic about the deal.
David Hanson has no position in any stocks mentioned. Matt Koppenheffer has no position in any stocks mentioned. The Motley Fool recommends Tesla Motors and Wells Fargo. The Motley Fool owns shares of Tesla Motors and Wells Fargo. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.
