The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Tesla Pulls Back Zero Down Payment Sales in China Three Days After Offering It

News Snapshot:

On November 1, Tesla announced in China it would sell its cars with zero down payment leasings. For a company that claims to have a massive demand for its vehicles, the move made no sense at all. Yet, on November 4, Tesla’s Chinese website stopped offering that leasing option. According to the Chinese websites Sina and Caijing, the lower down payment you can do to lease a Tesla vehicle in China is now 10%. Caijing tried to get an explanation for the change from Tesla and did not receive any reply so far. China is one of the only countries…

Other China Tech Buzz: