Following reports that Tesla is slashing prices for its models in Hong Kong, a similar price reduction is seen in Thailand albeit only for the Tesla Model 3.

Prices for the Tesla Model 3 in Thailand are as follows with the previous price in brackets:

• Model 3 RWD – THB 1.659,000 (THB 1,759,000)
• Model 3 Long Range AWD – THB 1,879,000 (THB 1,999,000)
• Model 3 Performance AWD – THB 2,059,000 (THB 2,309,000)

There is up to an 11% or THB 250,000 worth of reduction across the three variants which if converted to Malaysian Ringgit according to the exchange rate at the time of writing is around RM 30,000.

Autolife Thailand reported that this is the third price reduction of the Model 3 since it was introduced in the Kingdom in December 2022. All three price reduction announcements were made in June, July, and August 2023.

Tesla Thailand offers two models in the Kingdom, the Model 3 and the Model Y though there have been no new price adjustment announcements made for the electric crossover. Both models are fully imported (CBU) from China.

Also read: More price cuts for Tesla Model 3, Model Y in Hong Kong, slashed up to 12 percent

The Model Y is available in Thailand with 3 variants:

• Model Y RWD – THB 1,959,000 (~RM 256k)
• Model Y Long Range AWD – THB 2,259,000 (~RM 295k)
• Model Y Performance AWD – THB 2,509,000 (~RM 328k)

In Malaysia, only the Tesla Model Y (CBU China) is available officially which is also offered in 3 variants:

• Model Y RWD – RM 199,000
• Model Y Long Range AWD – RM 246,000
• Model Y Performance AWD – RM 288,000

Also read: Tesla Model Y launched in Malaysia, from RM 199k, up to 534 PS/660 Nm, 533 km range