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Tesla removes 7-year financing in China amid tightening lending rules

Tesla has removed its 7-year financing option in China, a move driven by stricter lending regulations and growing reluctance from banks to offer long-term auto loans. This change eliminates one of Tesla's most aggressive purchase incentives in the region. For Tesla owners and enthusiasts, this means reduced flexibility and potentially higher monthly payments for new buyers in China, signaling tighter credit conditions for the brand's largest market.