Tesla boosts Model Y output, offers interest-free loans to lift flagging China sales

Quick Summary:

The delivery waiting time for the popular SUV on the mainland has been reduced to three to five weeks from six to 10 weeks.

Tesla CEO Elon Musk’s political engagements have weighed on the carmaker’s sales globally in recent months.“Tesla will take more actions to entice local fans of its Model Y,” said Eric Han, a senior manager at Suolei, an advisory firm in Shanghai.“Model Y, as the bestselling SUV in China, remains attractive to many middle-income consumers.

The offer is valid until the end of this month, Tesla said on Tuesday.

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Article Details

Author / Journalist: Daniel Ren

Category: Business

Markets: Hong KongChina

Topics: Sales Yuan Model Long-range Variant According Interest-free Time Been Weeks Tesla

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-01 @ 15:29:02 (1 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 228 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 27508342

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