Tesla SG cuts Model Y, Model 3 prices up to 5%
Buyers can have a Rear Wheel Drive Model 3 for $75,990.
Tesla Singapore adjusted the prices for its new Model 3 and Model Y electric cars by up to 5%.
The manufacturer aimed to pass the value from efficient cost savings to its customers and accelerate the country's transition to sustainable energy with affordable electric vehicles.
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Tesla slashed the price of the Rear Wheel Drive and Performance Model 3s by 5% to $75,990 and $94,990 from $79,990 and $99,990, respectively.
It also marked down the price of its Rear Wheel Drive Model Y by 4.35% to $87,990 from $91,990 and the Performance Model Y by 4.5% to $105,990 from $110,990.