Tesla already starts to offer 0% interest on new Model Y in China – showing weak demand
Tesla has already started offering 0% APR on loans for the new Model Y in China, showing a clear sign of weak demand. We recently reported that Tesla is under increased pressure from competition in China, the world’s largest EV market.
The stripped-down SUV is aimed at recovering market share from Chinese makers offering less-expensive models.
Tesla’s (TSLA) stock crashed by as much as 4% in pre-market trading on new data coming from China. Let’s dive into what’s happening. Insurance registration numbers were released in China last night, ...
Tesla raised the price of the Model Y AWD in China, suggesting higher demand, but incentives and the almost immediate delivery show that demand is still low ...
Tesla has plans to produce a low-cost version of its best-selling Model Y to boost sluggish sales in China, according to a ...
SHANGHAI (Reuters) -Tesla will make a lower-cost version of its best-selling Model Y in Shanghai, three people with knowledge ...
Tesla plans to produce a more affordable version of its Model Y in Shanghai. The new model will be built using existing ...
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But now, it seems that the view of Tesla as a luxury foreign EV maker is waning and demand for Tesla’s cars in general is ...
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