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%.
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.
Prices in China:
BYD Atto 3: 16k USD.
BYD Seal: 25k USD.
Tesla 3: 32k USD.
Prices in Germany:
BYD Atto 3: 33k USD.
BYD Seal: 45k USD.
Tesla 3: 46k USD.
Comparing prices like you do just looks like bad faith. And I’m not saying this to support Tesla but to highlight that there is some serious BYD shilling going on here.
You want Tesla to compete? I guess the US already has prison slave labour and reduced safety measures for Teslas, it’s just missing some billions of US tax money flowing in and you got what you wished for.
Not a good idea? But China doing exactly that is OK, because US bad equals China good?
Maybe putting tariffs on chinese imported EVs (like the EU does) is the reasonable thing to do to protect your own industry and jobs.
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.
28k value at best. It’s a damn Tesla not some spaceship with the ability to be your housewife.
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.
Well the Corolla will be built better, for sure.
A Tesla probably has more issues out of the factory than my 2001 RWD Toyota Tacoma which is rust bitten because it was owned by a water company on the coast. That is to say a Tesla is barely worth its weight in scrap.
I’d say it really depends on the factory here. I’ve heard some very bad things about the US-based ones though
Most of its issues are design and engineering related. Over use of computer systems and a fucky if functional body being the most obvious issues, then there’s the fact that I’m pretty sure they allow way to much power into the battery. Those three things alone are enough for me to question its worth since if one fails the others won’t help, let alone shit like the doors.
What can a Tesla do that a BYD can’t?
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.