Tesla announced a price cut for the Model 3 and Model Y electric cars in Japan, effective from the beginning of this month.
The company said in a statement released Wednesday that the prices of both lower-priced models have been cut by single-digit percentages. According to Tesla’s website, the prices of all versions of the Model 3 have been reduced by about 3%, while all versions of the Model Y have been reduced by about 4%.
Tesla said the price cuts for the Model 3 make it cheaper in Japan than it was when it was previously purchased using various subsidies.
Tesla raised the prices of the Model 3 and Model Y in Japan two months ago, with the base Model 3 now priced at 5,245,600 yen in Japan (currently about RMB 262,000) and the Model Y at 5,637,000 yen (currently about 282,000 yuan), with the long-range and high-performance versions priced slightly higher than the base version. version. Tesla did not change the price of the Model S and Model X, the two higher-priced models, which became available for order in Japan in May of this year.
