Tesla offers zero down payments on Model 3 & Y in China to boost sales amid strong competition.

Tesla offers zero down payments on Model 3 & Y in China to boost appeal & sales amid competitive market. This initiative is aimed at attracting more customers to purchase its electric vehicles, with no specified duration or conditions yet. Tesla faces strong competition from local Chinese EV manufacturers like BYD, SAIC Motor, NIO, and global automakers such as Volkswagen and General Motors.

April 24, 2024
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