Tesla’s refresh to best-selling Model Y SUV starts on rocky road

News Snapshot:

Tesla TSLA-Q investors had pinned their hopes on a refresh of the company’s flagship compact SUV to reinvigorate sales. But rock-bottom financing deals for the Model Y and its easy availability suggest that this expectation is unrealistic. The electric vehicle maker is offering financing deals as low as 0% on the spanking new version of the Model Y. While other automakers including Kia and General Motors are offering similar deals on some EV models, such offers within weeks of a model rolling out are rare. Early signs of weak demand for the restyled Model Y- launched in January – come...