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Is the 3.5-year interest rate of Tesla loan high?
Tall man.

The annualized interest rate of Tesla loan is 3.5%, and the annualized interest rate of CCB new energy vehicles is 3%, so the annualized interest rate of Tesla loan is 3.5%.

The calculation formula of annualized rate is: annualized rate = annual loan cost ÷ annual loan amount × 100%= daily rate *365= monthly rate * 12.