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%.
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.
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.
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?
He also forced some dumb features in the electric car…like the stupid door handles, and lack of buttons.
Full “self” driving that only uses cameras and nothing else such as radar/lidar.
“delete!”
I wouldnt drive a Tesla if they paid me to drive it.
“car company discounts car” is not a news story. “Fucking Nazi car company discounts car” sort of is.
But they didn’t discount the car, just the finance rate, so yeah, not a news story.
If they use in-house financing (which most car companies do) they’re still losing money overall. And it is indicative that they’re feeling the squeeze so that’s nice to know.
People that finance literally will pay less each month for the car. I don’t understand the semantics game here to avoid calling this a “discount”. If you pay less each month it’s ok to call it a discount. I’d argue neither scenario justifies a news story, but the Tesla demand cliff is trendy (justifiably so of course, fuck Nazis) so here we are.
Yeah bruh, I am in the market for an EV to replace my old Camry. Zero chance I’d ever look at Tesla. Zero.
Not a new Tesla. But a used Tesla, if the car is good, why not. The nutsack won’t be getting anything out of it
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.
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.
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.
The 12k BYDs are better build quality than Teslas
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.
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.”
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.
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.
I put the reason for this in song…“Nazi, nazi, bo-botsy-ko-banna-fanna-fo-fawtsy-fe-fi-moe-motsy…nazi!”.
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???
This comment reads like aggressive cope
Why are you already committed to buying a used Tesla, years before your current one dies? Why make this comment at all?
Because I’ve test driven what’s out there right now. Nothing comes close to my old Tesla and I’m not going to buy a new car from a different brand when used model 3 of the current models will be better value.
People genuinely are ignorant to how advanced the Tesla system is vs the competition. I’m very fortunate to live in dealership hotspot and I’ve driven plenty. Be it byd, kia, Hyundai, Volvo, polestar, mg etc. (Fun thing to do over weekend to kill an hour).
Tesla’s from 2018 are genuinely better than competitors coming out right now. You add the better battery and heat pump from 2021 and your efficiency is basically as good as it gets. I’ve driven enough in my car to understand what makes for a good “range”. It’s all about that efficiency. The latest model 3 is a minor improvement, but still one I’ll happily upgrade to in 5 years time or so when I get close to 170k miles.
But hey, that cybertruck! Or earlier models panel gaps! It’s such useless noise bashing what is the best car anywhere near that price.
Maybe Merc’s, lucid and Rivian have it beat, but they aren’t available here or more than double the cost…
I hope it makes sense. I get outrage at Musk coming from valid places, but I’m not letting a twat ruin something for me. He has more money that god, me buying used car has next to no impact. So why bother?
Inferior car? Tesla has some of the weakest reliability metrics in the industry which is shocking considering electric drivetrains are far more reliable than ICE.
Modern electric car manufacturing has far surpassed what Tesla can provide at any price point (range, reliability, comfort, you name it) unless you still believe FSD is coming in “just 2 more years bro, and it’ll be free and backwards compatible”
That’s why Tesla has the most cars on the road, the best efficiency, one of the best safety ratings and has countless of people getting +200k miles on them, right? If only we had all these exmples…
You’re gonna pull one of two things, random examples of defect, because no other car has does or BUT CYBERTRUCK THO???
So which one is it?
None of those. I don’t disagree that they USED TO BE the best electric cars.
But that’s in the past. There are very few markets where Tesla has the most market share anymore in 2025. It’s not just because of protests, they’re just not that great compared to the competition anymore. The trend has been worsening for years and Tesla hasn’t brought anything new to counter it.
As I said in my other comment. I’ve tried so many other cars… Unless there’s a car I’m not aware of / got no access to, I strongly disagree. Tesla didn’t release any major updates and they’re still ahead.
Well, I strongly disagree. The metric for complaints and outright hostile customer treatment from Tesla is far larger for any competitor. Even taking into account how many cara they sell. I tries an model 3 and a Y and they did not feel superior to the Kia EV6, Mustang eMach, Hyundai iOniq 5 or tbe ID4, and I did not even look at Chinese cars, or what you call premium from MB, BMW or Audi. I am looking forward to the Mazda e6 and the Ioniq 9 tbh. I have had a Mazda6 2.2L estate for years as a second car and have been satisfied with the performance.
I’m curious to see what Mazda does with a real EV. Their current line up is a joke. I think only Jaguar made a worse EV.
As far as the cars you mentioned? I find it very hard to believe you found those cars to drive better than Tesla. Hell, the Mustang is one of my least enjoyable cars to drive to a point where MG 4 handled and drove better than that mess. The regen even at max is just too weak, their cruise did not handle dual cariageway well, let alone A roads… And really? A VW? Yeah, now you’re not even being serious. They got slammed for being outdated and peddling the same shit for years. There’s more to cars than just drive forward, especially at those prices…
Audi, again, it lacks. It’s a ice brand not adapting to what EV world is and it shows. If you want ice car with battery? Fine, but don’t go and compare it to EVs without talking about the EV part. It’s a shitty representation of someone actually living with the car.
You sound like an insufferable loser. Are you also terrible at video games?
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”?
