As the year comes to a close, it's time for car companies to boost their sales.

Today,$Tesla (TSLA.US)$Announce the limited time discount policy, with Model Y final payment reduced by 0.01 million yuan for a limited time, and can also be combined with a 5-year interest-free policy.

This promotional event applies to the rear-wheel drive version and the long-range all-wheel drive version of the Model Y.

Q4 target delivery volume is at least 0.51 million.

According to the new policy, from November 25 to December 31 (inclusive), ordering and completing the delivery of the Model Y rear-wheel drive version and the long-range all-wheel drive version will result in a reduction of 0.01 million yuan on the final payment, along with 5 years of zero interest.

Currently, the starting price for the Model Y rear-wheel drive version is 0.2399 million yuan; with a 5-year loan, the down payment is 0.0799 million yuan, and the monthly payment is only 2667 yuan.

The long-range all-wheel drive version is 0.2909 million yuan, with a down payment of 0.0799 million yuan and a monthly payment of 3350 yuan.

In this regard, Tesla China representatives indicated that Tesla adheres to the "cost pricing" principle and continuously reduces the entry threshold for smart electric vehicles globally.

In addition to china, Tesla has also launched promotional measures in other regions.

In the usa, picking up a Tesla before December 31 allows for 3 months of free supercharging and FSD (full self-driving capability).
In europe, picking up a Model Y before the end of the year includes one year of free supercharging service.

In addition, according to previous statistics, the prices of Tesla's Model Y and Model 3 in china are the lowest, with a price difference of up to 0.185 million yuan compared to other regions.

In recent years, with the entry of domestic giants like Huawei and Xiaomi, the autos industry has become increasingly competitive, and Tesla's sales have also been affected.

In the first three quarters of this year, Tesla produced a total of 1.314 million vehicles and delivered 1.329 million vehicles. In the third quarter, Tesla's sales further improved, with global deliveries totaling 0.463 million vehicles, setting a new quarterly delivery record for the year.

As of the third quarter, Tesla's global vehicle inventory (supply days) was 19, an increase of 19% year-on-year.

During the third quarter earnings call, CEO Musk projected that Tesla's full-year sales for 2024 would achieve positive growth.

This means that Tesla's sales target for the fourth quarter must reach at least 0.51 million vehicles, still requiring a year-end push.

At the same time, Musk is very optimistic about next year's sales, stating that unless a major negative event occurs, auto sales in 2025 will increase by 20%-30%.

The stock price surged by 45%.

Since the US presidential election on November 5, Tesla's stock price has risen over 45%, currently reported at $352.56 per share, with a latest total market value of $1.13 trillion, an increase of about $350 billion.

Musk's wealth has also soared, with his net worth reaching a historic high of $347.8 billion last Friday.

Following Trump's victory, Musk, as a loyal supporter, not only received an appointment to the 'Department of Government Efficiency' but also his businesses are likely to welcome bullish policies.

Taking Tesla as an example, according to insiders, Trump's team plans to prioritize 'building a federal framework for fully self-driving (FSD) autos' as one of the top priorities of the US Department of Transportation.

This could enable wider deployment of self-driving cars, which is great news for Tesla, as the company has positioned the launch of such cars and trucks as the core of its future global strategy.

In addition, Trump also supports eliminating the electric vehicle tax credit of up to 7,500 USD and cutting the emissions regulations introduced by the Biden administration.

According to analysis, this will cause greater harm to its competitors, as Tesla relies less on government subsidies.

Editor/Rocky