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How long does it take to get approved through Tesla financing?

How long does it take to get approved through Tesla financing? I'm itching to get a new Tesla. I applied for financing yesterday, but I haven't heard anything back.

avatar
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
In most cases, you should hear back from
Tesla
within 48 hours.
However, if you have a borderline case (average or slightly below-average credit score), it may take longer.
Just relax, and in the meantime, you might want to use your time wisely by applying for preapproval with other lenders.
You should also start planning for insurance. Lenders will require your new car to be
insured before you can take it home
.
While you wait, you could use the
Jerry
app to help your find the best
car insurance
rates.
Use this time to
prepare for the dealer
so you can take your car home worry free! You’ll hear back in a few days!
View full answer 
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