TSLA Rises 1.8% with New Limited-Time Delivery Discounts

Nov 25, 2024

Tesla (TSLA, Financial) saw a pre-market rise of 1.8% following the announcement of a new promotional pricing policy. Customers taking delivery of specific models by December 31 will benefit from discounts on final payments.

The promotion applies to the Model Y Rear-Wheel Drive and Long-Range All-Wheel Drive versions, offering a 10,000 yuan discount on final payment, with prices starting at 239,900 yuan. Additionally, customers can opt for a five-year, interest-free financing plan.

In further developments, after several delays, Elon Musk announced the imminent release of the FSD version 13, which is expected to enhance Tesla's Full Self-Driving capabilities significantly.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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