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Bradford Ferguson

Tesla Price Incentives 2024: Are They Trying to Sell Cars or Hand Them Out?


Model Y Screenshot Tesla Website

If you've been thinking about buying a Tesla, the latest Tesla price incentives in 2024 might make you feel like they're practically giving them away. Well, not quite, but it’s getting close. Between 0% APR financing, wild lease deals, inventory discounts, and tax credits, Tesla’s recent offers are designed to keep the EV giant cruising at full speed. So, what’s going on here, and is now the time to snag a Tesla? Let’s dive in.


What’s Behind the Tesla Price Incentives in 2024?


Tesla’s latest price incentives for 2024 are all about making sure their cars stay competitive in a growing EV market. With options like 0% APR, attractive lease terms, and hefty inventory discounts, Tesla’s determined to make electric vehicles more accessible.


0% APR Financing: Wait, Is This 2008 Again?


Here’s something you don’t see every day—0% APR financing on the Model 3 and Model Y. That’s right, Tesla is pulling out the big guns to make sure you’re not paying a dime in interest. It feels like a throwback to the good ol' days when 0% financing wasn’t so rare. But in today’s high-interest-rate world? This is a game-changer.


Suddenly, the gap between a Tesla and that gas-guzzler you’ve been eyeing isn’t as big as you thought. And let’s face it, with inflation and rising loan rates, anything that saves money is a win. X (formerly known as Twitter) is buzzing about it, with people celebrating the sweet savings.


Lease Deals That Don’t Break the Bank


Not quite ready to commit to buying? Tesla’s got your back with some of the best lease deals we’ve seen in the EV world. You can roll out in a Model 3 for $299 a month or a Model Y for $439 a month—not bad, right? The catch? A little cash due at signing. But still, for these models, those prices are incredibly tempting.


And if you’re the kind of person who likes to stay on top of tech, leasing might be your best bet. Who knows what updates Tesla’s got planned next year, but with a lease, you’ll be ready to upgrade without a second thought.


Inventory Discounts: Tesla Clearing Out the Lot?


It’s not every day you see discounts of up to $4,000 on Model 3 and Model Y vehicles, but here we are. Word on the street is that Tesla might be making room for updated versions, or maybe they just want to keep the sales momentum high. Either way, if you’ve had your eye on one, now’s a great time to check the inventory.


But don’t wait too long—these discounts won’t last forever, and the next batch of cars might come with a few extra bells and whistles that make you second-guess the timing.


Free Full Self-Driving Transfers: A Tech Head’s Dream


And for those hardcore Tesla fans who already bought in early? Tesla’s offering free Full Self-Driving (FSD) transfers to Cybertruck buyers. If that’s you, congrats—you’ve unlocked one of the coolest perks in the EV world. Tesla’s FSD continues to evolve, and getting that upgrade without the usual fee? That’s a big deal.


It’s also Tesla’s way of keeping current owners in the family, making sure they’re still part of the EV revolution even when they trade up for something new.


Stackable Incentives: Tesla, Uncle Sam, and the States


Tesla’s not only leaning on their own offers; they’re also letting you stack federal and state incentives like never before. Between $7,500 in federal tax credits and state-level goodies, like Colorado’s incentives, you could drive off in a Tesla for nearly cost-neutral. Some buyers are calling it the deal of the century.


It’s the kind of price drop that might make even the most loyal gas engine fan pause for thought. Plus, depending on your location, these credits can stack up to make your new EV an absolute steal. If you’ve been thinking about going electric, now’s the time to run the numbers.


Referral Discounts: Tesla’s Secret Weapon


And if all of that wasn’t enough, Tesla’s referral program is still kicking, offering $1,000 off your new car when you use a referral code. Stack that with the other deals, and you’re basically looking at a "too good to be true" situation—except it’s real.


Tesla has always been great at turning its most loyal customers into brand ambassadors, and this referral program is no exception. If you’ve got a friend who’s been singing Tesla’s praises for years, now might be the time to hit them up for a code and join the club.


So, Why All These Deals?


Tesla’s clearly not feeling shy about offering huge savings right now, but what’s the endgame? A few reasons: competition in the EV market is heating up, interest rates are high, and the company might be dealing with some PR fallout (let’s not forget Elon’s occasional Twitter bombshells).


But most importantly, Tesla’s all about accelerating the transition to sustainable energy. The more cars they get on the road, the closer we are to that goal. These deals are a win for buyers and for Tesla’s mission, which, love him or hate him, Elon Musk is still deeply committed to.


Should You Jump on This?


If you’ve been on the fence, Tesla just laid out a pretty good reason to take the plunge. With financing deals, lease options, discounts, and tax incentives all lined up, Tesla’s made their cars more affordable than ever before. Whether you’re going for the eco-friendly lifestyle or just want a car that can update itself over the air while you sleep, these offers are tough to beat.


Just be ready—this might be the best chance to grab a Tesla before the next wave of updates (or price changes) comes crashing in.


 

Curious about how these deals could impact your portfolio? Reach out to a Rebellionaire advisor and see how Tesla fits into your investment strategy.

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