With Slow Sales, Tesla Slashes Financing Rates

Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that Tesla is offering an exceptionally low 1.9% APR on its new Model Y to counter slow sales. The move highlights Tesla’s urgency as its U.S. market share falls below 50% for the first time. With rising global competition and stagnating EV demand, the company is pushing aggressive financing to stay ahead.