On May 13, Reuters revealed that the refreshed Model Y has not lived up to investors' expectations in revitalizing Tesla's sales. Despite offering ultra-competitive zero-interest loan options and having ample supply, sales figures continue to fall short. In the fiercely competitive Chinese market, Tesla has resorted to a promotional campaign featuring a 5-year zero-interest loan plan. Similarly, promotional activities have been introduced in the United States and select European nations, yet the impact on sales growth has remained modest.
