Tesla Extends 0% Loans In China: Will It Help Hit 1.81 Million Vehicles In 2024?
Portfolio Pulse from Chris Katje
Tesla is extending its 0% interest loan program in China to boost vehicle deliveries, aiming to hit 1.81 million vehicles in 2024. The program targets select Model 3 and Model Y vehicles, with the deadline now extended to November 30. This move is part of Tesla's strategy to remain competitive in China's electric vehicle market.
October 29, 2024 | 4:31 pm
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Tesla extends its 0% interest loan program in China to boost Q4 deliveries, aiming for 1.81 million vehicles in 2024. This move is crucial in the competitive Chinese EV market.
Tesla's extension of the 0% interest loan program is a strategic move to increase vehicle deliveries in China, a key market. This could positively impact Tesla's Q4 results and help achieve the 2024 delivery target. The competitive nature of the Chinese EV market makes this offer significant for attracting buyers.
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