Tesla Offers 0% Loans in China to Spur Sales Amid Sliding Market Share
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Tesla launching 0% interest loans for limited time in China amid losing market share
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Incentive comes after China allowed financial institutions to set EV/fuel vehicle loan limits
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Tesla's China market share dropped from 10.5% to 6.7% in 2022
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Tesla reported first ever decline in global deliveries for Q1 2023
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Loans require large 79,900 yuan (~$11K) down payment, unclear if incentive will regain momentum