Connect with us
Tesla-model-y-model-3-top-ev-choice Tesla-model-y-model-3-top-ev-choice

News

Tesla launches limited-time 0.99% APR loan rate on U.S. Model Y orders

Credit: Tesla

Published

on

Tesla has launched its latest buying incentive for the Model Y, this time offering a special, super-low interest rate for those who purchase the SUV by the end of this month.

On Friday night, Tesla launched the promotional financing on its website for the Model Y, offering a 0.99 percent APR interest rate for buyers who finance the electric vehicle (EV) on an order placed by May 31. The promotional financing can be used on loan terms ranging from 36 to 72 months, and it’s available on all three Model Y trim options.

Credit: Tesla

The recently launched base-level Model Y Long Range RWD currently starts at $44,990 before federal and local tax credits, while the Long Range AWD and the Performance trims start at $47,990 and $51,490, respectively.

The move comes as high interest rates have been a headwind for the auto industry over the past few years, and as electric vehicle (EV) sales have been slowing this year. Tesla has also launched a number of buying incentives in recent months, and especially leading up to the end of Q1.

In February, Tesla began offering promotional pricing on the Model Y with a $1,000 discount through the end of the month in North America. After that deal went away in March, Tesla announced that it would be increasing the price of all Model Y trims by an additional $1,000 on April 1, with a similar price increase reaching European markets.

Last year, the Model Y became the world’s best-selling vehicle, according to data from JATO Dynamics. Tesla has highlighted the achievement in some recent advertising efforts, with a Model Y encased in glass recently being towed around New York City by a Cybertruck, with the feat being written on the side of the case.

Advertisement

Tesla is also preparing to launch a Model Y refresh, similar to the one that it gave the Model 3 this and last year. Despite this, Tesla said it wouldn’t be launching a Model Y refresh in North America this year in internal communications.

Tesla’s Model Y comprised over a third of all Q1 EV sales in the U.S.

What are your thoughts? Let me know at zach@teslarati.com, find me on X at @zacharyvisconti, or send us tips at tips@teslarati.com.

Zach is a renewable energy reporter who has been covering electric vehicles since 2020. He grew up in Fremont, California, and he currently lives in Colorado. His work has appeared in the Chicago Tribune, KRON4 San Francisco, FOX31 Denver, InsideEVs, CleanTechnica, and many other publications. When he isn't covering Tesla or other EV companies, you can find him writing and performing music, drinking a good cup of coffee, or hanging out with his cats, Banks and Freddie. Reach out at zach@teslarati.com, find him on X at @zacharyvisconti, or send us tips at tips@teslarati.com.

Comments

News

Tesla launching in Saudi Arabia

Published

on

tesla-saudi-arabia-launch
(Credit: Tesla)

Tesla is officially launching in Saudi Arabia. The electric vehicle manufacturer is arriving in Saudi Arabia with a launch event at the Bujairi Terrace on April 10, 2025.

“Explore our global bestselling lineup and step into a world powered by solar energy, sustained by batteries, and driven by electric vehicles.

“Experience the future of autonomous driving with Cybercab, and meet Optimus, our humanoid robot, as we showcase what’s next in AI and robotics. Our team will be on hand to answer any questions you have about Tesla ownership, home charging and more,” stated Tesla.

The event will start at 20:00 and end at 23:00. Slots for the event are limited. Anyone who wants to attend can sign up here.

Advertisement

Initial reactions to Tesla’s arrival in Saudi Arabia seem to be positive. In the company’s announcement on X, a few responders commented that they’ve been asking Tesla to come to Saudi Arabia for years. Early reactions hint that Tesla’s brand name is not tarnished in all countries.

Excitement for Tesla in Saudi Arabia contrasts reactions to the brand in the United States, some parts of Canada, and select European cities. Tesla vehicles, stores, and Superchargers have been a target for arson as Elon Musk’s public image continues to gather hate. The Tesla attacks have led to the FBI forming a task force to address the incidents.

Continue Reading

News

Tesla attacks get FBI task force to squash the acts of ‘domestic terrorism’

The FBI has launched a task force with the ATF to stop violent Tesla attacks & investigate a March 29 anti-Tesla protest.

Published

on

Rhododendrites, CC BY-SA 4.0 , via Wikimedia Commons

An FBI task force has been assigned to crackdown on Tesla attacks, which have been targeting the company’s stores, Supercharger stalls, and vehicles.

“Can confirm: The FBI has launched a Task Force in conjunction with ATF to coordinate investigative activity and crack down on violent Tesla attacks. More to come,” noted the FBI’s Assistant Director to Public Affairs, Ben Williamson, on X.

The FBI task force assigned to end attacks on Tesla is working with the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF). Most Tesla attacks involve setting a store, Supercharger, or vehicle on fire, usually by throwing a Molotov cocktail. The task force will also be working with the FBI’s Counterterrorism Division.

“The FBI has been investigating the increase in violent activity toward Tesla, and over the last few days, we have taken additional steps to crack down and coordinate our response. This is domestic terrorism. Those responsible will be pursued, caught, and brought to justice,” said FBI Director Kash Patel on X.

The FBI is looking into two active anti-Tesla sites and the “Tesla Takedown” protest scheduled for March 29. One of the sites is Dogeque.st, which has been doxxing Tesla employees and locations across the United States. The website is also doxxing Tesla owners, resulting in safety concerns for civilians.

Advertisement

The anti-Tesla attacks have resulted in at least four arrests thus far. Three people were arrested for allegedly throwing Molotov cocktails at Tesla stores, Superchargers, and vehicles. One person was arrested for driving into a crowd of protesters in front of a Tesla store. Fortunately, none of the attacks–on either side–have resulted in injuries or fatalities.

Continue Reading

News

Multiple explosives found at Tesla showroom in Austin, Texas

The disturbing incident follows a series of vandalism and arson cases linked to Tesla facilities and vehicles.

Published

on

Credit: Tesla

Multiple incendiary devices were discovered inside a Tesla showroom in Austin, Texas on Monday morning, police have stated. The disturbing incident follows a series of vandalism and arson cases linked to Tesla facilities and vehicles, which have since prompted federal and local investigations.

Devices Found After Anonymous Tip

Austin Police Department officers responded to the Tesla showroom following an anonymous call about alleged bombs inside the building. Upon arrival at the location, authorities found several “suspicious devices,” which were later identified as incendiary by the Austin Police Department Bomb Squad. 

The bomb squad was able to remove the incendiary devices without incident. Citing the police department, the Daily Mail has noted that the devices were designed to cause “large-scale explosive violence.” No arrests have been made in relation to the incident as of writing, though an investigation is ongoing.

The Austin PD’s Statement

A release from the Austin Police Department’s Public Information Office described the details of the incident:

“On Monday, March 24, 2025, at approximately 8:04 a.m., Austin Police Department (APD) officers responded to a Found/Abandoned Hazardous call at the Tesla dealership located at 12845 N. US 183 Hwy SVRD NB. When officers arrived on scene, they located suspicious devices, and called the APD Bomb Squad to investigate. The devices, which were determined to be incendiary, were taken into police custody without incident. This is an open and ongoing investigation, and there is no further information available for release at this time,” the Austin PD wrote.

Advertisement

Attacks Linked to Musk’s Government Role

The apparent Tesla Austin attempted bombing comes amid escalating violence against Tesla properties, which seemed to be attributed in no small part to Elon Musk’s leadership of the Department of Government Efficiency (DOGE), a Trump administration initiative slashing federal spending. Musk, during a conversation with Sean Hannity of FOX News, claimed that the aggressive attacks stem from his efforts to curb waste.

“It turns out when you take away people’s, you know, the money that they’re receiving fraudulently, they get very upset. And they basically want kill me because I’m stopping their fraud and they want to hurt Tesla because we’re stopping the terrible waste and corruption in the government. And, well, I guess they’re bad people. Bad people do bad things,” Musk noted.

Continue Reading

Trending