In a strategic move to bolster sales in the U.S. market, Tesla has reintroduced its enticing 0% loan financing option as of March 1, 2025. This initiative aims to increase the accessibility of its electric vehicles, which have seen fluctuating demand in recent months. With interest rates continuing to rise, Tesla's financial strategy is designed to attract a broader customer base while fostering loyalty among existing buyers.
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Tesla is offering these loans through selected financial partners, aiming to make the purchase of models like the Model 3 and Model Y more appealing. The company reports that its latest sales figures have dropped nearly 10% compared to the previous quarter, highlighting the need for effective incentives. The 0% financing option will be available for a limited time, and buyers can benefit from this program when they order through Tesla's official website.
This move comes as Tesla seeks to maintain its lead in the competitive EV market, particularly in the face of growing competition from manufacturers like Ford and GM, which have also ramped up their electric offerings. With the introduction of these loans, Tesla hopes to reverse the declining trend and inspire renewed consumer interest in its vehicles.
Source: electrek
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