Tag: tesla model y price

Tesla launches in Thailand, vying to compete with China EVs
Technology

Tesla launches in Thailand, vying to compete with China EVs

[ad_1] Tesla has launched sales in Thailand, offering its popular Model 3 and Model Y at prices aimed at competing with rivals like China's BYD. Tesla has launched sales in Thailand, offering its popular Model 3 and Model Y at prices aimed at competing with rivals like China's BYD. The company staged a glitzy showcase of its plans Wednesday at Bangkok's Siam Paragon mall. Online purchases have begun, with plans to deliver vehicles to buyers in the first quarter of next year. Southeast Asia's market of more than 600 million consumers is increasingly a focus for automakers looking to expand sales, especially of electric vehicles. Tesla said the vehicles will have the latest satellite navigation systems and other features such as over-the-air software updates. The company is sell...
Where to Get the World’s Cheapest — and Most Expensive — Tesla
Technology

Where to Get the World’s Cheapest — and Most Expensive — Tesla

[ad_1] More than 500000 were snapped up in the first nine months, but depending on which country you live in, you may be forking out vastly different sums. Tesla Inc.'s Model Y has been a smash-hit worldwide -- on track to rank among the top five best-selling models this year and the only electric car to make the cut. More than 500,000 were snapped up in the first nine months, but depending on which country you live in, you may be forking out vastly different sums. Mainland China is the world's cheapest place to buy a Model Y. After last month's price cuts, the Model Y starts at 288,900 yuan ($40,500), slightly over half the US retail price. At the other end of the spectrum, Singapore is the world's most expensive place to own a Tesla: getting the four-door SUV in the island state ...
Tesla Cuts China Prices, Partly Reversing Previous Increases
Technology

Tesla Cuts China Prices, Partly Reversing Previous Increases

[ad_1] Tesla Inc. cut the price of its cars in China by about 5% as it ramps up production at its Shanghai factory. Tesla Inc. cut the price of its cars in China by about 5% as it ramps up production at its Shanghai factory, partly reversing price hikes imposed earlier this year. The US-based electric vehicle pioneer lowered the price of its locally-built basic Model 3 to 265,900 yuan ($36,774) from 279,900 yuan effective Monday, its website shows. The starting price of a Model Y SUV was cut to 288,900 yuan from 316,900 yuan. The cuts come as Tesla faces hotter competition from local EV makers such as BYD Co., which sold a record 200,973 vehicles last month, and upstarts like Nio Inc. and Xpeng Inc., which are expanding their line-ups. Domestic automakers accounted for almost 80%...
Tesla Model Y Passes Perennial Top-Sellers in Global Rankings
Technology

Tesla Model Y Passes Perennial Top-Sellers in Global Rankings

[ad_1] BloombergNEF’s prediction that the SUV will crack the top five this year looks spot-on. Tesla just followed up a vehicle deliveries report that fell short of expectations with quarterly revenue that also was a bit lower than hoped, disappointing investors looking for a more clear-cut kibosh on debate over whether it's starting to have demand issues.Elon Musk has a broad target to grow sales around 50% annually. While the company now expects to fall just short of that mark this year, one of its models is climbing toward the top of global sales rankings. Tesla doesn't disclose the split in sales between its Model 3 sedan and Model Y sport utility vehicle, but given the latter's performance, maybe it should. BloombergNEF estimates that the company sold around 200,000 Model Ys in t...