Tesla (TSLA) Launches New Model S Financing Programs in China

Tesla (Nasdaq: TSLA) is launching zero down payment and zero interest rate financing programs in China following limited testing earlier in the year.

Electrek.co noted the plan on Monday.

Tesla will run the programs for the rest of the year in partnership with Fosun.

Both the Model S 90D and Model S 75 will be covered under the program. Buyers will be able to get a low interest rate on the 90D and finance the 75 with no down payment.

Shares of Tesla are up over 2.4 percent Monday morning.

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