Tesla is offering a barrage of deals as it races to avoid another annual sales decline

Core Insights - Tesla is implementing a variety of incentives to boost sales and avoid a second consecutive year of declining sales [1][2] - The company is facing significant challenges in key markets, including Europe and China, due to political backlash and increased competition [4] - Tesla's sales in the US have dropped significantly following the removal of the $7,500 tax credit for new EVs [4] Group 1: Sales Strategies - Tesla is offering 0% APR financing for up to 72 months on select Model Y Standard purchases and leasing options without a down payment [1] - Buyers can trade in a gas car for 2,000 miles of free supercharging and receive complimentary upgrades valued at up to $1,500 on select inventory vehicles [2] - The company is racing to sell 555,000 EVs in the last quarter of the year to match last year's sales figures [3] Group 2: Market Challenges - Tesla's sales have significantly declined in Europe due to backlash against Elon Musk's political views [4] - In China, the company is facing intense competition from local electric vehicle manufacturers [4] - The removal of the $7,500 tax credit has led to a 35% drop in Tesla's US sales from September to October [4] Group 3: Future Focus - Elon Musk is shifting Tesla's focus towards AI and robotics, with plans for the Cybercab and Optimus robot to enter production next year [5]