Tesla Boosts Model 3 Affordability In China With Insurance Subsidy, Low-Interest Loan
Portfolio Pulse from Anan Ashraf
Tesla is offering new incentives for customers purchasing a Model 3 RWD in China, including an insurance subsidy of 8000 yuan ($1,125) and a low-interest loan program. The offer is valid until June 30. Tesla's China sales increased by 2.4% in May compared to April, with 77,695 made-in-China vehicles sold.
June 16, 2023 | 11:02 am
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Tesla's new incentives for Model 3 RWD buyers in China may boost sales and increase market share in the country.
Tesla's new incentives, including an insurance subsidy and low-interest loan program, are likely to attract more customers and boost sales in China. This may lead to increased market share and positively impact Tesla's stock price in the short term.
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