Mullen Automotive (NASDAQ:MULN) announced on Thursday the signing of a vehicle purchase agreement with fleet leasing provider MGT Lease Company. The agreement is for the purchase of 250 all-electric ...

Carrier lease-purchase agreements are “irredeemable tools of fraud" that threaten supply chains, a federal task force on truck leasing warns Congress. An FMCSA task force is pushing Congress to ban ...

Following a public flogging by the press, Tesla quietly removed the clause from its Vehicle Purchase Agreement that gave it the right to sue any early Cybertruck owner who attempted to resell their ...

After backlash over the weekend to Tesla’s plan to sue early Cybertruck owners for $50,000 if they try to flip their vehicles, the company updated its purchase agreement to remove the ...

FMCSA's Truck Leasing Task Force discussed the fairness of—and possible solutions to—lease-purchase agreements between carriers and drivers. This was the fourth meeting of the Truck Leasing Task Force ...

Early Cybertruck owners will be prevented from reselling their vehicles until a year after they take delivery, according to an update to Tesla’s Motor Vehicle Purchase Agreement. And as hype has been ...