Courtesy of Tesla, Inc.
Tesla has launched a new promotion in China running from June 5 to June 30, 2025, offering customers and referrers extra incentives on Model 3, Model Y, and other S3XY series vehicles.
Customers who place a new order and take delivery by June 30 will receive an ¥8,000 paint option credit. This credit can be applied to optional color upgrades beyond the standard paint choices.
Those who refer new buyers during this period will receive 800 Tesla Points, which can be used toward maintenance, Supercharging, in-car software upgrades like Enhanced Autopilot, and even Tesla Bot accessories. Tesla Points are valued at ¥1 per point and can be combined with cash for purchases.
The Model Y rear-wheel drive is priced at ¥263,500 and offers a CLTC-rated range of 593 km. It can accelerate from 0 to 100 km/h in 5.9 seconds and reaches a top speed of 201 km/h. Estimated delivery time is between 2 to 4 weeks, and buyers can opt for a five-year 0% interest financing plan, with monthly payments starting at ¥3,060.
The Model 3 rear-wheel drive comes in slightly lower at ¥235,500. It delivers a longer 634 km range (CLTC) and goes from 0 to 100 km/h in 6.1 seconds, with a top speed of 200 km/h. Delivery is expected in 1 to 3 weeks, and monthly payments begin at ¥2,594, also under a 5-year no-interest plan.
Tesla’s China-made electric vehicle sales in April 2025 fell 6% year-on-year to 58,459 units, marking the seventh consecutive month of declines, driven by intense competition from local rivals like BYD and a 25.8% drop from March, according to the China Passenger Car Association (CPCA).
In the January-April period, Tesla’s retail sales in China’s domestic market totaled 163,338 units, down 0.31% year-on-year, with a retail share of the Chinese BEV market dropping to 5.14% in April from 11.47% in March.
This promo looks to ramp things up as we head into the summer, so let’s see if it makes a difference or not. Shares of Tesla are down nearly 9% today, now trading at $302.52. CEO Elon Musk has been criticizing President Donald Trump’s spending bill, which seems to have caused friction.
