March 1st news, Tesla announced today a limited-time offer on Model 3 and Model Y. If you pick up your Model 3/Y by the end of March, you can enjoy discounts of up to $34,600!
For the rear-wheel drive versions of Model 3/Y, there's a time-limited insurance subsidy, offering benefits of $8,000.
For all Model 3/Y vehicles, there's a limited-time offer on selected paint colors, with savings of up to $10,000.
For the rear-wheel drive versions of Model 3/Y, there's also a limited-time low-interest financing policy, with annual rates as low as 1.99%, saving up to about $16,600 on a Model Y.
The starting price for the Model 3 Rear-Wheel Drive is set at 245,900 CNY, dropping to 237,900 CNY after insurance subsidies. The Model Y Rear-Wheel Drive starts at 258,900 CNY, with subsidies bringing it down to 250,900 CNY.
Recently, BYD rolled out a slew of Glory Edition models, slashing prices by 20,000 CNY across nearly its entire range, marking a new wave of price reductions in the electric vehicle sector.
Tesla's latest promotion is bound to drive further price reductions across the electric vehicle market, likely causing competitors like Xiaomi's SU7 to crunch some numbers again.
