Tesla to cut the price of Model 3 in Hong Kong to increase EV sales

Tesla has to cut the price of its Model 3 and Model Y cars in Hong Kong onwards April 15, when it could cut the price of the car by 14.7%.

Tesla has recently cut the price for its EVs in the USA for the sixth time since the beginning of 2023 and now it has been reducing the price of its car in Hong Kong which could potentially result in increasing the sales of Tesla EVs.

Tesla has been reducing the price of its EVs across the world where it making its EVs more affordable to reach out to more customers and now it’s Hong Kong’s turn.

Also Read: VW revealed its next-generation powerful motor for the upcoming VW ID series

Now according to a chines news report, Tesla is set to reduce the price of Model 3 performance, Model 3 long range with Model Y performance, and Model Y long range in Hong Kong.

Where the Tesla Model 3 performance gets a 14.7% price cut which is the highest of all of them. Behind its Model Y performance and long-range get up to 9.03% and 8.7% price cut.

But the price of the Model 3 and Model Y RWD variants still remain the same without any price cut.

Overall let us know in the comment below if Tesla will dominate the EV segment with their electric cars and aggressive pricing.

Leave a Comment