Tesla has cut the prices of its vehicles in several markets internationally, The Guardian has reported, first in the United States, then followed by the same in China and Germany.
The American electric vehicle maker announced reductions in prices for the US market, beginning with the Model Y that dropped to US$42,990 (RM205,641), while its larger models the Model S and Model X which dropped to US$72,990 (RM349,155) and US$77,990 (RM373,073), respectively. The Model S and Model X are no longer sold in right-hand-drive markets.
Price cuts for the brand’s vehicles in the United States last Friday were followed by a reduction in price for the firm’s Full Self Driving ADAS suite from US$12,000 (RM57,406) to US$8,000 (RM38,271), which also saw the discontinuation of Autopilot in that market though Enhanced Autopilot continues to be available in Malaysia for RM16,000.
Tesla pricing in China followed suit, with the starting price of the updated Model 3 in China dropped by 14,000 yuan (RM9,246) to 231,900 yuan (RM153,159), according to the report by The Guardian citing Tesla’s official website. Germany also saw price cuts for Tesla vehicles, where RWD Model 3 pricing dropped from 42,990 euros (RM219,349) to 40,990 euros (RM 209,157).
Price cuts have also taken place in Europe, the Middle East and Africa, The Guardian cited a Tesla spokesperson as saying. The price reductions across markets has come after the EV maker’s global vehicle deliveries in the first quarter of this year recorded a drop for the first time in four years, according to the news outlet.
The American EV maker has also been in the news this week for its Cybertruck, which has been subject to a recall for a defect found with its accelerator pedal. This pedal includes a pad which could dislodge and become trapped in a depressed position in the footwell, thus causing the vehicle to accelerate unintentionally and potentially cause a crash.
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For bigger market share, Tesla shud cut rm20K.
We understand Paultan’s focus on electric vehicles (EVs) – it’s a hot topic with fierce competition and constant advancements. However, an article comparing EVs to good old petrol/fuel cars and hybrids would be fantastic!
The biggest concern for many is the rapid pace of EV innovation. Will the EV we buy today become obsolete in a flash due to mind-blowing new tech, plummeting its resale value? Should we stick with reliable petrol/diesel cars, or perhaps hybrids are the middle ground?
Malaysia’s climate and environment are also a question mark. What if an EV company (with so many not commonly heard before make their presence in Malaysia) folds, leaving us scrambling for maintenance? An article exploring these concerns would be really helpful for Malaysian car buyers.
Paultan could do a comparison on the maintenance cost of the different EVs as well as the collision repair costs. Teslas are known to be extremely difficult to repair due to how it is manufactured and its anti-repair practices. Screen replacement and if can do a full reboot of the on board systems. Tesla is like a computer that needs to update while parked at home!
I agree. also add consumption or running costs especially after the removal of subsidies for RON95 petrol. There are many new models especially from China. There will not be any brand loyalty but rather, people buy the cars for the value for money and the tech. Aside from that will be the environmental footprint or impact from a petrol burning engine vs a Battery consumption motor. Which makes more sense given that both petrol and electricity will go up in cost.
Let me give you an example. You standing at the canned food section in a supermarket. Many brands of sardine. Which will you buy? Proven and established brands or cheap unknown ones?
Malaysia bila price cut…..Oi tesla….pls cut each model RM20k. Take my money if you do so.
Later RV for Tesla drop kau kau then who dare to buy Tesla?
Tesla is also premium brand like Apple, must remain premium.
You must be new here. Tesla doesn’t give a flying eff about your RV bro. As long as they can move volumes, you and your RV can go take a nap.
Tesla is not a premium luxury brand.It’s somewhat between entry and premium.
Brother, Tesla premium? Blh share sikit ape yg dihisap/minum tu?
Price drop support
Thats why Tesla delay the $25k usd Model 2. They know worhin the next 3 years this model 3 will be the $25k usd budget car…