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Elon Musk’s Tesla is facing challenges at this time, as its car sales are declining worldwide, especially in Europe. In response to this decline, Tesla is offering many attractive offers to attract customers.
Tesla offers 0% interest loans and free lifetime charging.
Tesla, the electric vehicle giant led by Elon Musk, is grappling with a significant downturn in global sales, particularly in Europe. Amid mounting challenges, the company has unveiled a series of lucrative incentives to revive customer interest and boost demand. According to a report by Autoblog, Tesla is offering attractive financing options and perks to make its vehicles more appealing.
The slump in Tesla’s sales comes against a backdrop of increasing criticism of Musk’s influence in US politics. In a surprising development, several celebrities have joined a boycott against Tesla, voicing their disapproval of Musk’s growing political footprint.
Some disgruntled Tesla owners have even taken to displaying protest stickers on their vehicles. One such message reads, “I bought this car before I knew about Elon’s actions.” The frustration has escalated to such an extent that incidents of vandalism and arson have been reported at Tesla showrooms at various locations.
Aggressive Incentives to Attract Buyers
In an effort to counter declining sales, Tesla is rolling out attractive benefits, including interest-free loans and free lifetime charging. The company is also striving to bolster sales of its latest model, the Cybertruck, by offering competitive financing deals.
- 0% Interest Loans: Buyers can now avail themselves of loans at 0% interest on select Tesla models, making electric vehicle ownership more affordable.
- Discounted Interest Rates: Tesla is offering a low-interest rate of 1.99% for those looking to finance a Cybertruck.
- Free Lifetime Supercharging: In a major move, Tesla is extending free Supercharger access for the entire lifespan of the vehicle or as long as the current owner retains it. With over 60,000 Tesla Superchargers worldwide, the perk ensures rapid charging, allowing users to power up to 200 miles (approximately 322 km) in just 15 minutes.
Federal Tax Credit and Additional Financing Offers
Tesla customers purchasing the Model 3 can further benefit from a $7,500 federal tax credit, provided they meet the company’s ‘good buyer’ criteria, which includes maintaining a credit score of 700 or above. For those not eligible for tax credits, Tesla is offering financing options at a competitive 0.99% interest rate.
