Tesla launches limited-time 0.99% APR loan rate on U.S.

Tesla has announced its latest incentive buyout for the Model Y, this time offering them a special, very low interest rate

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On Friday night, Tesla launched a promotional offer on its website for the Model Y, offering an interest rate of 0.99 percent APR

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Promotional financing can be applied to credit terms ranging from 36 to 72 months, and is available on all three Model Y trim styles.

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Tesla offers an APR interest rate of 0.99 percent for customers financing electric vehicles (EVs) on orders due May 31

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Ultra-low interest rate are applicable for those who buying SUVs later this month.

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According to JATO Dynamics data, the Model Y became the best-selling car in the world.

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