Tesla Offers Discount in Singapore on EVs in Inventory

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Tesla Offers Discount in Singapore on EVs in Inventory

Reuters2023-01-09

SINGAPORE, Jan 9 (Reuters) - Tesla has begun offering discounts to electric vehicle buyers in Singapore who agree to purchase existing inventory of the Model 3 or Model Y, a company sales representative said on Monday.

Tesla is offering a discount of $5,000 for electric vehicle purchasers who trade in an existing internal combustion vehicle and another $5,000 credit against the cost of the certificate to operate a car in Singapore.

In addition, for qualified buyers who have a place for home installation, Tesla will provide the wall connector for charging, although the consumer has to pay for the cost of installation.

The limited-term discounts in Singapore come just days after Tesla cut prices in China, South Korea, Japan and Australia.

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