Tesla Malaysia Drops Prices For Model 3, Model Y By RM8000

Pic: NST

Tesla has dropped the price for Model 3 and Model Y by RM8,000, as it has done so in the US, this it said was line with its mission to accelerate the world’s transition to sustainable energy and popularise the use of electric vehicles.

The electric carmaker said the price “decrement” has made Tesla EV more affordable and accessible to a broad range of audiences.

“Model 3 and Model Y are priced from RM181,000 and RM191,000, respectively, effective from today it noted.

“Tesla vehicles are eligible for full import and excise duties exemption, as well as 100 per cent road tax exemption, and income tax relief up to RM2,500 for expenses related to EV charging,” it said in a statement today.

The company said the price (excluding on-the-road registration fee) for Model 3 starts from RM181,000 for Model 3 (rear-wheel drive) and RM210,000 for Model 3 Long Range (all-wheel drive).

As for Model Y, the (exclude on-the-road registration fee) price begins at RM 191,000 for Model Y (rear-wheel drive); RM 238,000 for Model Y Long Range (all-wheel drive) and RM 280,000 for Model Y Performance (all-wheel drive).

Currently, the electric carmaker has seven supercharging stations (36 chargers) and 10 destination charging stations (61 chargers) in Malaysia.

The price drop comes amid intense competition building up in the EV space with China manufactures also looking to start dropping prices.

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