Tesla announces purchase incentives for Model 3 and Model Y

Tesla has announced new purchase incentives for the Model 3 and Model Y in China, valid for orders placed and vehicles delivered by September 30, 2026.

For the Model 3, customers can receive a 5,000 yuan reduction on the final payment for in-stock models. Additional benefits include an 8,000 yuan insurance subsidy for specific versions and an 8,000 yuan credit for limited-time paint color selections. Financial options include 0% interest for up to five years with a minimum down payment of 79,900 yuan. After all incentives, Model 3 prices start from 222,500 yuan.

The Model Y offers a 10,000 yuan reduction on the final payment for in-stock models. Similar to the Model 3, it includes an 8,000 yuan benefit for limited-time paint color selections. Financial plans are available with varying down payments, including a minimum of 79,900 yuan for standard models and 99,900 yuan for the Model Y L. Following all applicable discounts, Model Y prices start from 253,500 yuan.