Amid its worst ever crisis, Tesla offers discounts on its best-selling car just weeks after new Model Y launch

The New Model Y Isn't Saving Tesla

Tesla isn't lifted by its updates to the world's best-selling car. Plus, Rivian weighs a tariff impact, and battery swapping rises.

Amid its worst ever crisis, Tesla offers discounts on its best-selling car just weeks after new Model Y launch

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. Facing his biggest crisis yet, CEO Elon Musk is dialing up the incentives on…

Tesla offers steep discounts on new Model Y in an attempt to right the ship

The new Tesla Model Y | TeslaTesla has had a rough year. But there’s hope for the wounded electric car marque. Most notably, Tesla updated its best-seller, the Model Y, inside and out. However, the brand is taking no chances on its No. 1 sales weapon. Rather than relying on the appeal of the facelifted second-generation Model Y, Tesla is offering the EV SUV with cost-cutting discounts and financing incentives.  Just as the new Tesla Model Y refr…