Tesla Cuts Prices of Model 3, Model Y Vehicles in Singapore

StreetInsider2023-04-14

SINGAPORE (Reuters) - Tesla Inc has cut prices of its Model 3 and Model Y vehicles in Singapore between 4.3% and 5%, its website showed on Friday.Tesla cut prices on Real-Wheel Drive version of both ...

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Comments

  • Seah CL
    2023-04-14
    Seah CL
    K
  • runningjames
    2023-04-14
    runningjames
    Come come.. more cut to boost sales
  • TeslaLegend
    2023-04-14
    TeslaLegend
    Nice 
  • a4xrbj1
    2023-04-14
    a4xrbj1
    The main reason for the price cuts in Singapore is that due to the COE (certificate of entitlement - basically your right to register a vehicle) has increased dramatically in the last months to an all time high. No one except private hire companies is buying cars in Singapore right now as the COE has to increased way more than these price cuts.
  • Holomatt
    2023-04-14
    Holomatt
    Swee la
  • Monkseal
    2023-04-14
    Monkseal
    I would expect more price cuts across the markets to completely dominate the EV sales. With new launches upcoming, from product lifecycle perspective.c this is highly expected. Analysts who don't understand product lifecycle see this as negative move to beef up revenue, and they will buy downward trend. It's a win winfor them, but for retails investors, we should not be led on by.
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