Summary
- Tesla China offers final payment discounts for Model Y and extends zero-interest financing
- Discount includes RMB 10,000 reduction effective from December 24, 2024 for selected models
- Zero-interest financing extended to January 31, 2025 for specific models with specific down payment
- Sales push update comes amidst reports of increased Model Y production in January 2025
- Contact Tesla for news tips at simon@teslarati.com
Article
Tesla China has updated its promotions for the Model Y, offering a final payment discount of RMB 10,000 for existing Model Y vehicles. The discount applies to the Model Y Rear Wheel Drive and Model Y Long Range All Wheel Drive and includes inventory and showroom cars. However, customized vehicles, test drive units, and official second-hand cars are not eligible for the promotion. This discount will be in effect from 8 am Beijing time on December 24, 2024.
In addition to the final payment discount, Tesla China has extended its zero-interest financing deal until January 31, 2025. Qualified buyers of the Model Y RWD, Model Y Long Range AWD, Model 3 RWD, and Model 3 Long Range AWD can take advantage of this financing option by making a down payment of at least RMB 79,900. This extension of the financing deal provides more flexibility for customers looking to purchase a Tesla vehicle in China.
The recent sales push by Tesla China is an update from a similar offer announced in November, with the previous offer set to end by December 31, 2024. The earlier promotion included orders for customized vehicles but had a strict delivery deadline before the end of the year. These new adjustments in promotions and financing options reflect Tesla’s efforts to boost sales and clear inventory before ramping up production of an updated Model Y at its Shanghai factory in January 2025.
The timing of these promotions may coincide with reports of Tesla increasing production of an updated Model Y, indicating that the company is preparing to introduce a new model in the market. By offering discounts and attractive financing deals, Tesla China aims to attract more customers and boost sales before the launch of the updated Model Y. These promotions are part of Tesla’s strategy to maintain a competitive edge in the Chinese market and stay ahead in the rapidly growing electric vehicle industry.
Customers interested in taking advantage of Tesla China’s promotions can contact the company for more information and details on how to participate in the final payment discount and zero-interest financing deal. With the deadline for these offers approaching, potential buyers are encouraged to act quickly to secure the benefits of these promotions. By offering attractive discounts and financing options, Tesla China is positioning itself for a strong start to the first quarter of 2025 and continuing its success in the Chinese electric vehicle market.
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