Tesla has started promoting a 1.99% APR financing offer for the Model 3 and Model Y in the United States. The incentive seems designed to encourage potential buyers to take delivery of a new Tesla by the end of the third quarter of 2024.
Tesla announced the promotion on its official Tesla North America account on social media platform X. As could be seen in the Model 3’s order page, the 1.99% APR financing offer is available for the Model 3 Long Range Rear Wheel Drive (RWD), Model 3 Long Range All Wheel Drive (AWD), and the Model 3 Performance. The offer is not available on the base Model 3 RWD, which is financed with a 5.99% APR.
1.99% APR financing now available for Model 3 Long Range & Performance trims in the US
Applies to new orders placed before 8/31, must take delivery by 9/30https://t.co/eqpjGuewQ2— Tesla North America (@tesla_na) August 2, 2024
For the Model Y, the 1.99% APR financing offer is available across the all-electric crossover’s full lineup — the Model Y Long Range RWD, Model Y Long Range AWD, and the Model Y Performance.
For both the qualified Model 3 variants and the Model Y, the 1.99% APR offer is applicable for financing plans of up to 72 months. A look at the order pages for the Model 3 and Model Y shows that customers would get an 3.99% APR if they opt for Tesla’s longest financing option of 84 months.


It should be noted that the 1.99% APR offer for the Model Y is valid for orders that are placed that are placed from July 18 to August 31, 2024. For Model 3 customers, the 1.99% APR financing offer is valid for orders placed from August 1-31, 2024. Customers must also take delivery of their Model 3 or Model Y by September 30, 2024 to qualify for the promotion.
Tesla watchers have observed that the electric vehicle maker seems to be running several promotions to encourage sales this quarter. These include free Supercharging for Model S, 3, X, and Y orders, free FSD transfer, free paint options for the Model 3 Performance, and free seating layout for the Model X AWD, among others.
Updated list of all the promotions @Tesla is currently running in the US:
• 3 free months of Supercharging (take delivery of an S/3/X/Y by August 15th, finance purchases are not eligible for Supercharging Incentive)
• Free FSD transfer (take delivery by Sept 30th)
• 1.99%… pic.twitter.com/Qgv7EFJq8A— Sawyer Merritt (@SawyerMerritt) August 2, 2024
Elon Musk has previously noted that Tesla could beat its 2023 sales record this year. Tesla delivered 1,808,561 vehicles worldwide last year, and as of the end of the second quarter, the company had delivered 830,776 vehicles globally. For Tesla to exceed FY 2023’s global sales, the company would have to deliver about 978,000 vehicles between Q3 and Q4 2024.
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Tesla reveals early Robotaxi charging strategy, showing scrappy DNA
Tesla’s early strategy for charging units operating within its Robotaxi fleet reveals that the company surely has not lost any of that scrappy DNA that took it from an unlikely success story to the most valuable carmaker in the world.
An observer at a Tesla Supercharger in Austin spotted ten total Robotaxi vehicles arrive: one Cybercab and nine Model Y units. A Tesla employee was waiting at the lot and allowed each unit to park itself; every car that arrived had nobody in it.
Tesla wins FCC approval for wireless Cybercab charging system
The Tesla employee would walk around and plug each car in, adjusting the parking if needed:
So look at what I found. This is how Tesla charges unsupervised robotaxis at a public supercharger. Here is a driverless Cybercab showing up with no one in it. There are 9 other Model Ys that showed up too. A Tesla employee is walking around and plugging each of them in. She also moves the cars if they are not positioned well enough to charge. I love this process. One person charges multiple robotaxis at once
— Abhimanyu Yadav (@WorldlyReviewer) October 3, 2026
It’s a very interesting strategy, but extremely understandable at this early point in the Robotaxi program. It’s only been out for about 15 months, and Cybercab just entered the fleet in early September.
On top of that, Tesla is still working tirelessly on its wireless charging apparatus, and a new patent was just published regarding that product last week.
However, this is just another example of how Tesla still has plenty of that scrappy DNA leftover from the “production hell” days, when CEO Elon Musk slept on the floor of the factory, employees were working crazy hours, Tesla was building Sprung Structures to build cars in, and the company was tiptoeing on the brink of bankruptcy.
@Teslarati Sheer magnitude of the entire production system is hard to appreciate. Almost every element of production is >75% automated. Only wire harnesses & general assembly, which are <10% of production costs, are primarily manual.
— Elon Musk (@elonmusk) October 12, 2020
For now, Tesla is utilizing a simple system for recharging its ride-hailing vehicles, and that is a Tesla employee doing it manually until another solution presents itself. Sure, it’s not the most high-tech thing, and it certainly is not what people might have expected at this point in time, but it works, and it’s keeping the entire suite running.
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Tesla Robotaxi expands hours, Musk explains why it’s been a challenge
Tesla is expanding its Robotaxi service hours by pushing the time back by one hour, keeping the ride-hailing service operational until 11 p.m., one hour later than previously.
CEO Elon Musk confirmed the change and offered a specific reason the expansion has been gradual: the system still needs to reliably avoid small pets that are difficult to see after dark, as they commonly blend into the color of the road, especially when they’re grey.
The latest adjustment restores only a fraction of the operating window the service once held. When paid Robotaxi rides began in Austin on June 22, 2025, vehicles ran from 6 a.m. to midnight.
In September 2025, Tesla lengthened the day to a 2 a.m. close, producing a 20-hour window that stayed in place for most of the following year. By early August of this year, the cutoff had already been pulled back; an August 26 update formalized hours of 6 a.m. to 10 p.m. across Austin and several other markets.
The October move to 11 p.m. therefore leaves the Austin day one hour shorter than the original launch schedule and three hours shorter than the 2025 peak.
Musk addressed the constraint directly after the announcement. “The main thing we’re trying to solve is making sure that we don’t run over pets when they’re hard to see at night,” he wrote. “Literally trying to avoid grey kittens on grey tarmac in the dark.”
Robotaxi operating hours moved from 10pm to 11pm.
The main thing we’re trying to solve is making sure that we don’t run over pets when they’re hard to see at night. Literally trying to avoid grey kittens on grey tarmac in the dark.
— Elon Musk (@elonmusk) October 3, 2026
The example points to a low-contrast perception problem in which a small animal can blend into the road surface under limited lighting.
Tesla’s vehicles rely on cameras and neural-network processing rather than lidar; Musk has previously argued that advanced vision software can extract useful information even in low light by analyzing photon counts, but the pet-detection case remains the stated limiter in later hours.
The modest schedule change arrives alongside faster growth in the purpose-built Cybercab fleet. Texas registration data tracked by observers showed the Austin Cybercab count rising sharply in recent weeks, reaching 169 vehicles after more than 100 were added in a short span.
Tesla has indicated that a broader shift toward 24-hour operation is tied to the upcoming FSD v15 software release expected this month on Robotaxi vehicles. Until that capability is validated for the edge cases Musk described, the company continues to add service time incrementally rather than jumping straight to overnight coverage.
The one-hour extension gives Austin riders a later option for evening trips while the underlying detection work continues.
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Tesla snags Semi supply deal with major logistics firm
Tesla has snagged a deal with IMC Logistics to supply the company with 50 Semi units for its logistics operations.
IMC handles drayage and landside logistics and has over 2,700 asset trucks in its fleet. In its over forty years of service, it has established more than 50 locations across the United States and spans operations from coast to coast.
Jim Gillis of IMC said that the addition of the Tesla Semi will help IMC move toward a “zero-emission service for long-haul lanes.”
The move is one that has become more common over the past few years, as more and more companies doing large-scale logistics have moved to sustainable powertrains, using either Tesla or others.
🚨 IMC Logistics announced that it will add 50 Tesla Semis to its fleet https://t.co/ymh1Ca2IuX
— TESLARATI (@Teslarati) October 5, 2026
Tesla’s Semi program just entered its first truly public phase, as the company handed over its first production units to companies in September, although a pilot program with companies like PepsiCo. and Frito-Lay has been ongoing for years.
IMC announced its intention to purchase 50 Semi units from Tesla in September, and according to VP of Marketing and Public Relations on September 29 to Trucking Drive, the company will take delivery either this week or took delivery late last week.
With surging prices of diesel and high logistics costs, Tesla and the Semi could truly revolutionize how companies manage their fleets. With the advent of Full Self-Driving, the Semi will potentially cut down on driver fatigue and increase productivity, while decreasing the cost of operation per mile by being cheaper to refuel.
Tesla had a dedicated Semi handover event at the Semi factory in Sparks, Nevada, a few weeks back, as it officially introduced its truck to many company fleets that have been waiting to add these sustainable powertrains.