Asked by shareholders about the restrictions of the Full Self-Driving (Supervised) option for the transfer to a newly acquired vehicle, Elon Musk first stated that the free transfer of the Full Self-Driving (Supervised) option n was not necessary free FSD transfer cannot become permanent.
“We have to earn income somehow” he chuckled, but faced chants of “one more quarter” from the same shareholders who had just approved his $56 billion compensation plan.
“Okay, one quarter plus, you have it,” Elon agreed, much to the delight of the crowd of Tesla fans who will now have the opportunity to transfer their full self-driving function to a new vehicle until September.
Not only that, but Tesla continues to be a strong seller and find innovative ways to boost end-of-quarter sales to inflate the second-quarter delivery numbers it is scheduled to announce at the end of the month.
Instead of increasing the Model 3 APR today, Tesla opted to extend the 1.99% offer through June 30, in a transparent attempt to increase sales toward the end of the quarter.
Previously, the exclusive APR offer that lowered the Model 3 loan rate from 6.39% to 1.99%, a monthly payment reduction of approximately $200, was set to expire on Sunday, June 16.
Additionally, as if to compensate for the fact that the AWD version of the Model 3 was removed from the 1.99% APR offer, Tesla lowered its price by removing the $250 order fee.
It’s not much, but it’s still something, considering that the powerful 510HP Model 3 Performance is eligible for the Biden tax credit and can be had for about the same price than the long-range Model 3 AWD.
Its current monthly payment on a 60-month financing plan is $815, for example, while that of the Model 3 LR is $793/month.
A negligible difference, given that the Performance offers way more sports car vibes for the price, unless you really need that extra 40 miles of EPA range that the Model 3 LR offers.
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