Tesla is already offering low 1.99% financing on six-year loans for customers looking to buy the $48,990 long-range, all-wheel-drive Model Y, the series production version of the newer car that debuted in early April. Gone are the days when Tesla had to keep hiking prices to avoid being hopelessly swamped by demand. Now CEO Elon Musk has to fight for every new customer.

Just weeks after the launch of the Model Y refresh, a slightly newer version of the five-year-old crossover, Tesla informed buyers on Sunday they can already have the car at a discounted financing rate. Interested buyers can qualify for a six-year loan at 1.99% if they put down $3,999 for the purchase of a long-range all-wheel-drive version. By contrast, financing rates for some of Tesla’s upscale models top 6%.

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  • Novamdomum@fedia.io
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    2 days ago

    Wow… it’s crazy. I was just thinking about it and honestly I don’t think I’d drive a Tesla if it was given to me with a bow on the roof. That’s some serious brand implosion right there.

    Also, I know of at least one company in my area (where a friend of mine works) who used to have a Tesla fleet for their employees and who have all been switched to Polestars now.

    • LumpyPancakes@lemm.ee
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      2 days ago

      I might take it apart and put the innards in my 85 Bluebird for fun. But it’s probably DRM’d so who knows when it’ll kill itself. It’d be like driving an HP printer - get in one day and the bastard will say PC LOAD LETTER, or more contemporary, “Problem with the ink system.”

      • MegaUltraChicken@lemmy.world
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        1 day ago

        It’d be like driving an HP printer

        I vaguely remember the Nazi fuck running the company literally pulling the Disney app from the car via software update because Disney stopped buying Twitter ads. Even HP doesn’t have that kind of turn around on fuckery.

    • Ledericas@lemm.ee
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      20 hours ago

      haha, they know better than to drive around tesslars, that could get vandalized.