Photo: Tesla (via CNEVPost)
After Tesla announced new financing plans, including one with a $0 down payment, the company has reportedly removed the option due to a significant increase in orders.
Tesla has removed the recently-announced option for a $0 down payment when buying a Tesla due to a huge increase in orders, according to CNEVPost. Instead, the company has elected to offer a 10 percent down payment option as the minimum, as can be seen on Tesla’s website.
Tesla Full Self-Driving Beta for China Possibly Next, Suggests Code https://t.co/0qhSaSr6GZ
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According to a customer service agent at Tesla, employees were just notified today that the $0 down payment plan has been replaced with a minimum 10 percent down payment plan.
The agent also pointed out that the surge in orders caused by the plan increased delivery times for other customers.
Still, those who have already locked in their payment plans will not be affected by the change, nor will their delivery timing change as a result.
Last month, Tesla changed the price of its Model S and X units in China, increasing each model by nearly $5,000 USD.
Tesla also hit record deliveries in China for September, with 56,006 deliveries total from the company’s Gigafactory Shanghai. These included 52,153 units inside China, with about 3,853 vehicles exported from Shanghai to other countries.
