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“Our strong products, combined with attractive incentives for car purchases, will enable Tesla to sustain its robust sales momentum in 2026,” the company said in a statement.
The new incentive for China was announced before the state visit to Beijing by US President Donald Trump, whose entourage for the three-day trip includes Tesla CEO Elon Musk, as well as Nvidia’s Jensen Huang and Tim Cook of Apple.
“I will be asking President Xi, a leader of extraordinary distinction, to ‘open up’ China so that these brilliant people can work their magic,” Trump said in a social media post.
The five-year loan offered by Tesla, with an annualised interest rate of 0.99 per cent, costs 2,193 yuan monthly and ends with a 45,500 yuan final payment at the end of the five-year period.
