On May 14, Tesla unveiled the updated Model Y, intending to propel sales with its flagship compact SUV. However, the model swiftly entered the market accompanied by promotions such as ultra-low-interest loans and ample inventory, hinting that hopes for a sales surge might prove elusive. While it's unusual for new car models to offer zero-interest loan schemes within a few weeks of launch, the updated Model Y benefits from such a deal—a practice also adopted by other automakers like Kia and GM.
