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- Tesla has announced a limited-time offer of heavily discounted 0.99% financing on the Model Y in an effort to boost sales. CEO Elon Musk has often attributed the company’s demand challenges to high interest rates, which typically range from 5 to 7%. These rates significantly inflate the cost of new vehicles for buyers, making them less accessible.www.cbtnews.com/tesla-offers-0-99-financing-on-model-y-to-boost-orders/
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