Tesla has initiated a 0% APR financing promotion for the Cybertruck, an effort aimed at boosting sales amidst declining interest. This offer comes with the caveat that customers must purchase the $8,000 Full Self-Driving add-on to qualify. Sales for the Cybertruck have fallen short of expectations, despite high reservations, prompting Tesla to leverage financing strategies as the quarter ends. Additionally, the removal of certain Autopilot features from the base model necessitates the purchase of FSD for lane-keeping functionalities, further increasing the vehicle's price.
Tesla is offering a 0% APR financing deal on the Cybertruck, requiring an $8,000 upgrade to Full Self-Driving to qualify for the offer.
The Cybertruck is facing weaker-than-expected sales against its high number of reservations, prompting Tesla's incentive strategy towards the end of the quarter.
To qualify for the favorable financing offer, customers must add the costly Full Self-Driving feature, which has now been separated from the base Autopilot features.
Tesla's recent shift in strategy highlights the company's need to boost Cybertruck sales amid competitive pressures and a substantial number of pre-orders.
Collection
[
|
...
]