Tesla Launches Zero-Dollar Down Financing to Boost Market Share

By Douglas McIntyre  •  October 1, 2024

Tesla has introduced a zero-dollar-down financing package for its Model Y, a strategic move aimed at maintaining and expanding its market share. Typically, car buyers pay a portion of the vehicle’s price upfront, but Tesla’s offer is an industry first. This incentive reflects Tesla’s efforts to keep up with competitors and continue growing its market presence in the U.S., ensuring strong revenues and stock performance.

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