this post was submitted on 07 May 2025
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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%.

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[–] AntelopeRoom@lemm.ee 1 points 13 minutes ago (1 children)

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.

[–] kreskin@lemmy.world 2 points 1 hour ago* (last edited 1 hour ago) (1 children)

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.

[–] Ledericas@lemm.ee 1 points 2 minutes ago

i suspect PUTIN/msb/qataris are sitll keeping the stocks afloat too.

[–] Geobloke@lemm.ee 2 points 1 hour 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

[–] Kurious84@eviltoast.org 27 points 6 hours ago (2 children)

Just seeing a Tesla reminds me of the arrogance of musk saying he "deleted" jobs. The choice of words tells you what he thinks of us.

Eff him. Never again.

[–] Lucky_777@lemmy.world 7 points 5 hours ago (1 children)

Yep, he killed the brand. He probably doesn't care in the end. But everyone working for Telsa will.

If Musk really cared about Telsa he would have never sided with a Republican lol.

[–] Ledericas@lemm.ee 1 points 3 minutes ago

i think he only released the truck because he needed to show the board/shareholders hes worth that 56billion package hes been eyeing since '18

[–] thermal_shock@lemmy.world 2 points 5 hours ago

Same. I look at all them in disgust.

[–] altphoto@lemmy.today 3 points 4 hours ago

$3k, $5k, $20k. What's democracy mean to you?

I say let's make him the next Juliani.

[–] selkiesidhe@lemm.ee 8 points 6 hours 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. 🤬

[–] SoftestSapphic@lemmy.world 18 points 8 hours ago (7 children)

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.

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[–] ABetterTomorrow@lemm.ee 3 points 6 hours ago
[–] FreedomAdvocate@lemmy.net.au 4 points 7 hours ago (1 children)

Offering low interest rate finance is not a “discount” lol

[–] pahlimur@lemmy.world 4 points 5 hours ago (2 children)

Yes it is. Low interest rates are literally a discount on high interest. Lower interest reduces the overall cost of the loan by a shitload.

[–] Peruvian_Skies@sh.itjust.works 1 points 5 hours ago

Interest is an increase in price*. Lower interest isn't a discount, it's a smaller increase. Calling it a discount is like punching you instead of stabbing you and calling it nonviolence.

*In exchange for better payment conditions, but that's not relevant to the point.

[–] FreedomAdvocate@lemmy.net.au -1 points 5 hours ago* (last edited 4 hours ago) (1 children)

I'm really not sure you understand how discounts work. Or interest rates.

Tesla's do not come with interest. Interest that you get by taking out a loan to purchase one is a price increase. You're paying more. A lower interest rate doesn't mean you're getting a discount, it just means that you're only paying a smaller amount increase. The car itself is still the same price it was before - what is changing is how much extra interest you're repaying on top of the cars price. The interest isn't on the car's price, it's on the amount of money you borrowed.

[–] spidermanchild@sh.itjust.works 2 points 3 hours ago

You're just playing semantics. Lots of customers finance cars. Before the "discount" they had to pay $X/month, now they pay $(X-discount)/month. They literally pay less each month because of the discounted, subsidized rates. It's a discount for folks that finance through Tesla. I'm not sure why you think you're the only person that understands the simple concept of interest here. You've just decided that the definition of discount only applies to MSRP arbitrarily. Is a point of sale tax credit not a discount either?

[–] Widdershins@lemmy.world 5 points 7 hours 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."

[–] Gammelfisch@lemmy.world 1 points 5 hours 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.

[–] rebelsimile@sh.itjust.works 37 points 14 hours ago (4 children)

“car company discounts car” is not a news story. “Fucking Nazi car company discounts car” sort of is.

[–] pupbiru@aussie.zone 0 points 3 hours ago

new headline:

“proven nazi, elon musk, discounts overpriced cars to make people forget he’s a nazi”

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[–] TheDemonBuer@lemmy.world 157 points 18 hours ago* (last edited 18 hours ago) (15 children)

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.

[–] Ledericas@lemm.ee 1 points 15 minutes ago

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

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[–] Neuromorph@lemm.ee 31 points 15 hours 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.

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