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%.

Non-paywall link

  • TheDemonBuer@lemmy.world
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    9 days ago

    It’s actually kind of tragic. Tesla would have been, no, should have been a key domestic EV maker. They should have been our global offering in a strategically important industry. But instead, they’re rapidly becoming a pariah. And it’s all because of one man. One terrible, terrible man.

    This is a very, very important lesson that America MUST learn: just because someone is rich, that does not mean they are smart, or good, or trustworthy. Personality matters, a lot. I am certain that if Martin Eberhard and Marc Tarpenning could go back, they would tell Mr. Musk “no thank you, we’re not interested in your investment,” even though they really needed the money. It wasn’t worth it, it came with strings attached. Within just a few years of taking Musk’s money, both men were forced out of the company, and Musk was well on his way to convincing millions of Americans that we was a super genius who singlehandedly invented the electric car.

    In this country, we have not only tolerated megalomaniacal narcissists like Musk, we’ve celebrated them. That has to stop. Look at where it has gotten us. One of them is president now! If we don’t learn from this, and start to see men like Trump and Musk as the disease that they are, we are doomed. If we don’t get these men under control, they will control us.

    • 9point6@lemmy.world
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      9 days ago

      just because someone is rich, that does not mean they are smart, or good, or trustworthy

      The richer someone is seems to correlate with the absence of one or more of those traits.

      Don’t need to be smart to be born into money, which is where basically all the richest have come from.

      Don’t need to learn to treat people with compassion if you can afford to entirely opt out of public society

      Don’t need to be trustworthy if you have enough to pay people to be around you.

      Past a certain bank balance, a person loses their humanity.

      • Ledericas@lemm.ee
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        8 days ago

        maybe if one is truely from rag to riches they will understand, and not to pretend “im poor and made lots of money” people, that come from well off family but not super rich.

        • 9point6@lemmy.world
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          8 days ago

          Literally no one goes from rags to billionaire.

          That’s just a lie they try to sell so enough people think they could be in the group that benefits one day.

          • Ledericas@lemm.ee
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            7 days ago

            yea, until thone appears, which it will never.

            its almost always the 2nd point in my original comment, pretending to be poor to look relatable. this was taylor swift shtick for a while when her parents move to Tennessee before her music career was jumpstarted, they think by moving to a “poorer” state will make her look more relatable.

    • bean@lemmy.world
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      9 days ago

      You have to KEEP TEACHING the lesson. Because when you’re 25 years older, and kids are just coming into the world, they don’t ‘get’ how bad it is. They just hear it. I heard all about how WWII went, who was bad who was good blah blah.

      Look now, we have Gaza. Look now, we have Trump. AfD in Germany.

      Where do you think we failed (globally)? Like, how have we (seemingly) made a 180 in just under 100 years?

    • Ledericas@lemm.ee
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      8 days ago

      teslas have always been defective, its only because Elon was able to market it better.

    • Ledericas@lemm.ee
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      8 days ago

      they are death traps, even thier regular models are lacking QC in many places. there is a reason you never hear people buying a used one. i only heard of a Clout chaser doing this once.

  • Neuromorph@lemm.ee
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    9 days ago

    The fact he dismantled all the agencies overlooking tesla safety weighs in to his overtime fascism.

    Even if replaced as CEO and fully diverted from Tesla, I don’t think I could trust their safety going forward.

  • duhbasser@lemm.ee
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    9 days ago

    I wouldn’t buy a Tesla if it cost $1. That company can shove Elon’s big Nazi dildo up their ass

    • Little8Lost@lemmy.world
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      9 days ago

      I would because the company would loose the money they needed to make the car
      What i would do with it afterwards?
      i dont know, maybe send a strong message, maybe not

  • SoftestSapphic@lemmy.world
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    8 days ago

    50k is way too expensive for a car in 2025.

    BYD sells theirs for 12k.

    Bring them to the US or compete you fucking nepobaby fascists.

    • NotMyOldRedditName@lemmy.world
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      8 days ago

      I mean… if you want a 12k car you can have a 12k car, but don’t expect it to be as good as a 50k car, even if the 50k car is only as good as a 40k car.

      Edit: But also the new Y RWD is going for like 38k after rebates, so it’s not even a 50k car.

        • NotMyOldRedditName@lemmy.world
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          8 days ago

          You think a Tesla is only as good as top trim Corolla sedan?

          Edit: To be clear, I’m not knocking the Corolla, it’s a great car.

        • NotMyOldRedditName@lemmy.world
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          8 days ago

          OP was talking about a 12k BYD vehicle.

          If you want to get a similarly priced BYD you can get similar features, but in terms of that 12k car OP wants

          A model 3/Y has

          bigger battery (more range)

          better sound system

          more HP/Torque

          more storage capacity

          more airbags

          multi zone climate control

          bigger touch screen

          I’m sure the list goes on and on. You get what you pay for.

          Edit: I think the BYD Seal is the model 3 competitor in price/features.

  • kreskin@lemmy.world
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    8 days ago

    I’m constantly floored that institutional investors are keeping the TSLA stock price from cratering. They dont think of the pressures on the brand like we do. I think they are pricing in future patronage by trump.

  • TomMasz@lemmy.world
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    9 days ago

    He thought he could be Henry Ford, but Ford was a bit less overt in his Nazism. And, it should be remembered, Ford almost destroyed the company before being forced out by his own family. There are downsides to one man being the image the public has of a company.

    • Ledericas@lemm.ee
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      8 days ago

      family guy did made cutscenes of FORD, and his obsession with using his vehicle against jews.

  • selkiesidhe@lemm.ee
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    8 days ago

    A swastikar will park in front of my house when I get groceries on Sunday and I HATE IT. I don’t want anyone thinking that’s our dumpster or going to vandalize it and accidentally hit my sweet cute lil car. 🤬

  • Widdershins@lemmy.world
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    8 days ago

    The only reason I’d be caught driving a tesla is if it had a completely true bumper sticker that said “I bought it after he blew his brains out.”

  • Geobloke@lemm.ee
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    8 days ago

    Don’t live in the US, but you’d probably have to pay me to be seen driving one of those. I can afford not to and dignity has a price

  • Gammelfisch@lemmy.world
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    8 days ago

    No thanks Leon Hitler, you can shove your vehicles where the sun does not shine. I will stick with my Leaf and it will not burn down my garage.

  • AntelopeRoom@lemm.ee
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    8 days ago

    If you gave me a Model Y for free, I’d take it to the junkyard and have it crushed, just to make sure no one drives that shit.

  • Paddzr@lemmy.world
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    8 days ago

    I’ll continue to drive mine. I’ll get a used one once I drive this one into the ground.

    If you want to make political stance and go for inferior car? Go right ahead. I don’t give a shit what some CEO does. I’m sure all of you stopped playing blizzard games and avoid everything owned by nestle and for sure aren’t recommending cars running literal slaves camps, right???

    • ThinkBeforeYouPost@lemmy.world
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      8 days ago

      What a weird thing to say! It must be fun living in your goof troop world with the other morally bankrupt incels.

      Do you lie to women and say, “I’m not interested in politics”?