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Tesla cuts prices of Model 3 and Model Y vehicles in Singapore
© Reuters. FILE PHOTO: Visitors look at a Tesla Model 3 electric vehicle (EV ) at the third China International Consumer Products Expo, in Haikou, Hainan province, China April 12, 2023. REUTERS/Casey Hall
SINGAPORE (Reuters) – Tesla (NASDAQ:) Inc has cut prices of its Model 3 and Model Y vehicles in Singapore between 4.3% and 5%, its website showed on Friday.
The U.S. electric vehicle maker has been cutting prices of its vehicles in some markets this year including the United States and China to shore up demand.
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