<ul><li>Tesla Philippines opens its flagship store in Taguig, Manila and offers financing packages for Model 3 and Model Y.</li><li>UnionBank and RCBC in the Philippines offer faster approval and fully digital auto loan processes for Tesla customers.</li><li>The high interest rates on loans for Model 3 and Model Y may limit their affordability to higher-tier customers.</li><li>High interest rates for auto loans are common in the Philippines, hindering mainstream EV adoption.</li></ul>

Tesla loan approvals to get fast tracked by Philippine banks–with high interest

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