US Tesla (TSLA-US) The SUV Model Y is the best-selling car in the world. It is expected to win the top five best-selling cars this year, and it is the only electric car to make it into the top five. However, the price difference of Model Y in various markets exceeds 63,000 US dollars (New Taiwan dollar 2 million yuan), among which the price in Taiwan is the fifth most expensive in the world.
China is the country with the cheapest price of Model Y. After Tesla’s price cut last month, the starting price of Model Y isRMB 288,900 yuan (US$40,500,New Taiwan dollar 1.25 million yuan). Singapore was the most expensive country at SGD 142,471 (US$103,800,New Taiwan dollar 3.21 million yuan), which does not include goods tax, listing and other expenses.
In Taiwan, the price of Model Y is the fifth most expensive in the world. The price of standard equipment starts from US$73,755. , Hong Kong cheap.
It is also much cheaper for consumers to buy Model Y in Japan than in Taiwan. The local starting price is US$46,300, the sixth cheapest in the world.
Seth Goldstein, equity strategist at Morningstar Research Services, said: “In Singapore, Israel, etc., cars are usually more expensive because of higher tax rates, tariffs, listing costs, etc. than in China and Europe.” The degree of supply and demand and market competition also affect price setting. the elements of.
It cannot be denied that the cost for consumers to buy a Tesla in Singapore may be as expensive as buying a house. The main reason is that the number of certificates of entitlement is limited, and people must bid for them in auctions twice a month. Tesla’s Certificate of Entitlement rose to a record-breaking $116,577 in November and is almost as expensive as the Model Y itself.
In comparison, Tesla sells relatively cheap in the Chinese market, mainly because the competition in the world’s largest electric vehicle market is fierce. New car manufacturers such as BYD and NIO have launched new models and launched promotional activities to challenge Tesla.
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