Tesla cancels 0 down payment option in China due to 'surge in orders'
Just three days after becoming available, $Tesla (TSLA.US)$ has canceled the 0 down payment option it offered in China.![]()
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The reason is that the 0 down payment plan has led to a surge in orders, making the vehicle delivery time longer, the customer service agent said.![]()
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Tesla China's wholesale numbers in September reached 56,006 units, up 394 percent year-on-year and up 26.5 percent from August![]()
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, data released by the China Passenger Car Association (CPCA) early last month showed.
It looks like Tesla can sell as much as it wants.![]()
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Will you buy a Tesla if the 0 down payment option is available?
It seems like that some people think Tesla stock price is too expensive.
But if Tesla can maintain its current profitability, do you still believe its shares are too expensive?
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litim : Not too high, just higher!
Louis Jia Heng : It is too expensive hope will split after board meeting on 9 nov 2021.
StaQ : too expensive. one thing that I'd still have issues with Telsa is their potential liability when it comes to their driverless option. one faulty programming could lead to huge consequences. like apple as they started to go main stream, they faced more issues and hacks. Telsa too will be encountering this except that lives will be at stake.
102872427 litim : The brand and hype will continue to surge.
stonks 30000 : fairly valued
Ricky Caine : I want my car from zenta the three symptoms Mr musk
THEWIZARD : Too expensive at current level.
THEWIZARD : There are some other EV manufacturers that produces great quality EVs too!
THEWIZARD : Guess who sold?
CTLT : I think it’s too high and current price was split share In 2020. If not split, price will be like Google & Amazon.. although it’s a prestige to shareholders but per share is too high to invest
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