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%.
Inferior car? Tesla has some of the weakest reliability metrics in the industry which is shocking considering electric drivetrains are far more reliable than ICE.
Modern electric car manufacturing has far surpassed what Tesla can provide at any price point (range, reliability, comfort, you name it) unless you still believe FSD is coming in “just 2 more years bro, and it’ll be free and backwards compatible”
That’s why Tesla has the most cars on the road, the best efficiency, one of the best safety ratings and has countless of people getting +200k miles on them, right? If only we had all these exmples…
You’re gonna pull one of two things, random examples of defect, because no other car has does or BUT CYBERTRUCK THO???
So which one is it?
None of those. I don’t disagree that they USED TO BE the best electric cars.
But that’s in the past. There are very few markets where Tesla has the most market share anymore in 2025. It’s not just because of protests, they’re just not that great compared to the competition anymore. The trend has been worsening for years and Tesla hasn’t brought anything new to counter it.
As I said in my other comment. I’ve tried so many other cars… Unless there’s a car I’m not aware of / got no access to, I strongly disagree. Tesla didn’t release any major updates and they’re still ahead.
Well, I strongly disagree. The metric for complaints and outright hostile customer treatment from Tesla is far larger for any competitor. Even taking into account how many cara they sell. I tries an model 3 and a Y and they did not feel superior to the Kia EV6, Mustang eMach, Hyundai iOniq 5 or tbe ID4, and I did not even look at Chinese cars, or what you call premium from MB, BMW or Audi. I am looking forward to the Mazda e6 and the Ioniq 9 tbh. I have had a Mazda6 2.2L estate for years as a second car and have been satisfied with the performance.