Tesla has extended the 5-year 0% interest loan incentive in China until October 31.

Tesla has extended its 5-year, interest-free financing offer for Model 3 and Model Y models in China until the end of October. This is the third extension of the offer since it was first announced nearly three months ago. The offer includes rear-wheel drive (standard range) and long-range all-wheel drive versions of the Model 3 and Model Y. Tesla’s Shanghai Gigafactory reported strong performance in August 2024 with 86,697 vehicles delivered, a 17 percent increase from the previous month. Tesla sales in China exceeded 63,000 units in August, representing a 37 percent month-over-month increase.