Part 3/13:
Tesla’s innovation isn’t limited to vehicles. In China, the company launched a compact electric bike designed for children that can travel approximately five miles per hour. The demand was so high that the official website crashed, and resale prices soared to over $8,000 USD, well above the retail price of approximately $1,600 USD. This indicates strong consumer interest in Tesla’s expanding product ecosystem.
In the UK, Tesla is offering zero-percent APR financing for the Model 3, with the promotion requiring customers to take delivery before the end of the quarter and to order the vehicle by August. While some analysts view this as a sign of weak demand, the company itself may see it as a way to boost sales ahead of upcoming refreshes or to clear inventory.