Tesla has cut prices for electric cars in several Asian countries, including China, Japan, South Korea and Australia. Including giving a total discount of 334,000 baht in Singapore when trading in an internal combustion engine vehicle What about Thailand?
Tesla announces sales cuts in Asia
Reuters reported that Tesla is cutting the prices of its electric vehicles in China for the second time in three months, as well as cutting the prices of its Model Y and Model 3 electric vehicles in Japan, South Korea and Australia.
The reason for the price drop is It boosted demand in China, which is struggling with the COVID-19 pandemic, and other markets in Asia where electric vehicles are becoming more competitive. together with the economic situation which has not yet improved Cause the general picture of the car market to continue to face problems
At the same time, Tesla still wants to regain production. And the amount achieved in 2022, although it grows from 2021 to 40%, but still fails to reach the goal that Elon Musk wants at 50%, causing investors to lose confidence. And Tesla’s stock price continued to fall.
In China, it sells for 30% cheaper than the US.
If you go to China, you will see that the price cuts for the Tesla Model Y and Model 3 will bring the prices of both models 23-32% cheaper than those sold in the United States.
The price cut comes as Beijing loosens measures to support the use of electric vehicles, forcing Tesla and other players in China to cut prices to encourage consumers in an economic slowdown. And the COVID-19 epidemic is still causing everyone to manage expenses.
On the other hand, the price cut has angered Tesla buyers before, leading to showroom protests. In Japan, Tesla has cut the price of the Model Y by about 10%, and previously cut prices in the United States. But in the European market there is no plan to lower the price. because the market there is growing well
Open to bring old cars to exchange for a discount of 3.34 hundred thousand baht.
Recently, Tesla sent a plan to clear the stock of electric cars in Singapore by offering a special discount of $10,000, or about 334,000 baht when buyers trade in an internal combustion engine vehicle. It includes $5,000 in purchase discounts and $5,000 in government spending on electric vehicles there.
Tesla also gives buyers a wall connector (home charger) ready to install. But buyers have to pay for the installation themselves. Currently, the Tesla Model 3 in Singapore starts at 114 hundred thousand Singapore dollars, or about 2.86 million baht, and the Model Y starts at 1.42 Singapore dollars, or about 3.57 million baht (excluding registration fees). )
For Thailand, Tesla sold is imported from a factory in China. Leading to the benefits of import duty exemption to 0%, so it can be sold at a starting price of 1.75 million baht and must be followed when many countries in Asia lower the price, Tesla, which has just opened the official price in Thailand in december july 2022, will there be some discount?
summarize
Tesla has been in dire straits lately. Notice of the stock price which has continued to fall until the value of the venture has fallen by 70% from 2022 because the car cannot be delivered in line with the target. due to production problems and the shrinking car market So it is not surprising that Tesla eventually has to announce price cuts to stimulate demand in different markets. China is the world’s largest market even more necessary.
Reference // Reuters, CNA
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