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Tesla China launches new low-interest promos on Model Y, Model 3
New zero- and low-interest financing terms arrive for both the Tesla Model Y and Model 3.
Tesla China has launched new promotions on the recently released Model Y refresh and the Model 3, offering special zero-interest loans for the next few weeks.
On Monday, Tesla began offering zero-interest loans with one- to three-year terms on purchases of the new Model Y, available between April 1 and 30 on the company’s order configurator. In addition, the automaker is offering a one- to five-year interest plan with annual rates as low as 1 percent when buyers make a down payment of at least RMB 45,900 (~$6,325).
Tesla China’s April 2025 Model Y promotions
Credit: Tesla China
You can read more details on Tesla China’s zero-interest promotion below, as detailed on the order configurator page and translated into English from Chinese.
Rejuvenated Model Y rear-wheel drive version, long-range all-wheel drive version – limited-time 0-interest/low-interest loan scheme
Customers who purchase the new Model Y rear-wheel-drive version/long-range all-wheel drive version/long range during the event from April 1, 2025 to April 30, 2025, and deliver and pay in the order before the expiration date of the vehicle, customers who meet the application qualification can apply for the following financial preferential schemes:
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- Starting from RMB 79,900, you can enjoy a 1 to 3 year 0 interest plan
- From the down payment of RMB 45,900, you can enjoy a 1- to 5-year low-interest program with an annual rate of 1.00 percent (from 1.84 percent).
Tesla China’s April 2025 Model 3 promotions
Credit: Tesla China
The company is also offering five-year, zero-interest financing for the Model 3 RWD and AWD Long Range, and you can see the terms for the zero- and low-interest Model 3 promotions and others below:
Model 3 rear-wheel drive version, long-range all-wheel drive version – limited-time 0-interest/low-interest loan solution
Customers who purchase a designated version of the Model 3, long-range all-wheel-drive version, long-range all-wheel-drive version, and delivery and payment terms in the order during the event from April 1, 2025 to April 30, 2025, customers who meet the eligibility requirements can apply for the following financial preferential schemes:
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- Starting at RMB 79,900, you can enjoy a 1 to 5 year 0 interest plan
- Starting from RMB 45,900, you can enjoy a 1 to 5 year low interest program with an annual rate of 0.5 percent (from 0.92 percent per annum)
Additionally, Model 3 buyers can get discounted rates on home charging equipment, or a six-year Supercharging package offering up to 30,000km (~18,641 miles) of charging for free.
Tesla posts an onboarding tutorial video for its customers in China, starring the new Model Y.
Here comes the new Model Y ramp!pic.twitter.com/Dm8NQsdQGj
— TESLARATI (@Teslarati) March 5, 2025
READ MORE ON TESLA CHINA: Tesla China seems to have overtaken Q1 2024’s registrations with new Model Y ramp
Tesla first launched the refreshed Model Y in China in January, debuting the refaced vehicle with a special “Launch Edition” series that came with special badging and an extra two years or 40,000km (~24,855 miles) of warranty time. Deliveries of the Launch Edition Model Y began in China late last month, and Tesla officially transitioned to selling non-Launch models in the first few days of March.
For the Chinese market and several others, Tesla produces the Model Y and Model 3 at a Gigafactory in Shanghai. In recent weeks, reports have suggested that Giga Shanghai may also be looking to produce an even cheaper version of the new Model Y without some of the extra add-ons, perhaps not unlike the cheaper Model 3 that launched in Mexico last August.
SpaceX has achieved an incredible milestone by launching its 11,000th Starlink satellite into orbit.
This accomplishment occurred during the Starlink Group 17-50 mission, which lifted off on August 19 at 04:01 UTC from Space Launch Complex 4 East at Vandenberg Space Force Base in California.
Falcon 9 launches 24 @Starlink satellites from California pic.twitter.com/UscpmAxDls
— SpaceX (@SpaceX) August 19, 2026
A Falcon 9 rocket carried 24 Starlink V2 Mini satellites on this flight, successfully deploying them into low Earth orbit approximately one hour after liftoff. The first stage booster, identified as B1097 on its twelfth flight, landed successfully on the droneship Of Course I Still Love You in the Pacific Ocean.
According to tracking data compiled around that date, this deployment brought the total number of Starlink satellites in orbit to just over 11,000.
The Starlink program began with test satellites known as Tintin A and B, launched on February 22, 2018. The first operational batch of 60 Starlink satellites followed on May 24, 2019, when a Falcon 9 rocket lifted off from Cape Canaveral. Those initial satellites marked the start of a rapid expansion that has continued for more than seven years.
SpaceX has conducted hundreds of dedicated Starlink missions since then, routinely launching batches of 20 to 30 satellites at a time using reusable Falcon 9 rockets. By mid-2026, the company had already surpassed 12,000 total satellites launched across all versions, with continuous replacements for units that deorbit as designed to manage space debris.
Looking ahead, SpaceX continues to expand the Starlink constellation to enhance global broadband coverage, capacity, and speed. The network already serves millions of users across more than 160 countries and supports applications ranging from residential internet to maritime, aviation, and emergency services.
Future plans center on next-generation hardware, including larger V3 satellites capable of delivering substantially higher throughput, which require the increased payload capacity of the Starship vehicle currently under development and testing.
In July, SpaceX submitted an application to the Federal Communications Commission seeking authority for a Gen3 constellation of up to 100,000 satellites. These spacecraft would operate in very low Earth orbit shells at altitudes near 325 kilometers and 475 kilometers. The filing requests use of existing Ku, Ka, V, and E band spectrum along with new greenfield W and D band frequencies between 92 and 275 GHz.
SpaceX states that the expanded system aims to deliver multi-gigabit symmetrical broadband to consumers, enterprises, governments, and billions of AI-powered devices worldwide while handling a majority of global internet traffic. Approval and subsequent deployment would depend on regulatory review and the operational readiness of Starship for high-volume launches.
This ambitious scale reflects SpaceX’s ongoing commitment to providing ubiquitous high-speed connectivity from space.
Tesla has opened a new sweepstakes to allow the public to be among the first to take an initial ride in a Cybercab. This all-electric, steering-wheel-less, pedal-less vehicle is the centerpiece of the company’s autonomous ride-hailing platform, Robotaxi.
There are two ways Tesla fans can get to Austin to take part in the first public rides of the Cybercab: by riding on the Robotaxi platform by August 23, or by mailing a very specific entry to their Headquarters at Gigafactory Texas.
Tesla announced the latter portion of the sweepstakes last night:
🚨 Want to win a trip to Austin to ride in one of the first Cybercab rides ever?
Here’s how:
Tesla has opened up a new sweepstakes to ride in a Cybercab upon its public launch. Here’s the details.
There are two methods of entry into the sweepstakes, and they are as follows:… pic.twitter.com/iJRd4evuWo
— TESLARATI (@Teslarati) August 19, 2026
Tesla will give one entry into the sweepstakes if you mail a 3″ by 5″ piece of paper with your full name, mailing address, telephone number, email address, and date of birth to their address:
Tesla, Robotaxi Sweeps Event
1 Tesla Road,
Austin, TX 78725
There is a limit of one entry per stamped envelope. You can send as many as you’d like, but they must be in separate envelopes.
The company’s unique strategy to give people the opportunity to ride in a Cybercab before pretty much anyone else outside of the company is a hilarious but spot-on representation of how Tesla operates. In classic fashion, they had the perfect response to the event:
— Tesla (@Tesla) August 19, 2026
Cybercab will launch later this month, it appears, especially as it plans to announce the winners of the sweepstakes on August 25. The car has already been operating internally, as employees have been able to utilize the Cybercab for rides in some capacity, something it announced earlier this month.
Tesla weirdly confirms Cybercab employee rides, a huge milestone
Moving forward, the big goal is to get Cybercab out on the roads and integrated into the public Robotaxi fleet, one that will pick up real-world ride-hailers and give them a ride from Point A to Point B.
No matter which way you cut it, it appears Tesla is close to putting a vehicle with no steering wheel and no pedals on the road to help people travel autonomously.
You can ride along with us in our first Cybercab ride from the We, Robot event in October 2024. The video is embedded below:
🎥: Our FULL first ride in the @Tesla Cybercab pic.twitter.com/6gR7OgKRCz
— TESLARATI (@Teslarati) October 11, 2024
Tesla has revealed plans through permit submissions for a massive Robotaxi charging hub in Austin, Texas.
Tesla plans to build the Supercharger hub in multiple phases, with the second phase potentially introducing wireless induction charging, something the company has been developing for the Robotaxi fleet.
Initially, 48 Tesla Robotaxi-geared Superchargers will be built on a lot just across from the St. Elmo, Texas, Service Center. There are about 80 additional spots that will not be impacted by phase 1 of the construction process.
Filings show that the second phase of the project will turn those 80 additional spots into wireless charging for Robotaxi, but it might be an error. The Key Notes state that item 3 is listed as “V4 Charging Cabinet to Support 80 Wireless Chargers in Phase 2. However, the drawings point to V3 Cabinets that are already tied to Superchargers:
There are roughly 128 total spots in the lot, but it is unclear if they will all be used for charging based on what appears to be some sort of typo in the blueprint.
A new Robotaxi fleet charging hub is coming soon to Austin, Texas!!
Permits have been filed for the installation of 48 (V3) stalls in a vehicle storage lot across the road from Tesla’s St Elmo service center. pic.twitter.com/xwRgSWDqht
— MarcoRP (@MarcoRPi1) August 18, 2026
This is among the first Robotaxi charging hubs Tesla has started to develop, as it currently has four others planned throughout various areas: one in Phoenix, one in San Antonio, another in Irving, which will serve the Dallas-Fort Worth area, and another in Las Vegas.
These projects are necessary as Tesla expands its Robotaxi program. Now that preparations have started for the public launch of Cybercab, Robotaxi will likely be expanding aggressively, especially over the next two to three years.
Last night, The Information reported that Tesla was planning to launch Cybercab as soon as the end of August. Hours later, Tesla then announced it was launching a competition for fans to potentially ride in Cybercab during its first public rides.
Tesla’s plan to expand its charging infrastructure in the regions where Robotaxi will initially operate is great preparation for the expanding service. There is still a lot to do, including launching the Cybercab on time.
SpaceX achieves incredible milestone with Starlink program
Tesla is opening Cybercab rides to a select few
