Low interest financing, sweet lease deals and free charging boosted Tesla’s global deliveries in the third quarter, the first increase this year for the electric vehicle maker
Low interest financing, sweet lease deals and free charging boosted Tesla’s global deliveries in the third quarter, the first increase this year for the electric vehicle maker.
Tesla’s deliveries rose after falling in the first and second quarters. The Austin, Texas, company said Wednesday that it delivered 462,890 vehicles from July through September, bolstered by loans as low as 1.99%, and $299 monthly leases on the Model 3, its least expensive vehicle. It delivered 435,059 vehicles during the same period last year.
The figures for July through September came in slightly higher than analyst estimates of 462,000 for the period, according to data provider FactSet.
However, shares of Tesla Inc. dropped sharply before the opening bell, trading down about 4%.
