Tesla Model Y Entry Level Prices For China Markets Will Rise

JAKARTA - Tesla is rumored to be raising the price of the Model Y entry level in the Chinese market, after previously there was a price increase for the highest version of 1,920 US dollars or Rp. 30 million at the end of last month.

Quoted from the InsideEVs page, Thursday, November 9, the news refers to several WeChat status of money Tesla sales personnel saying the price of the Model Y will rise in China.

However, the amount of the price increase was not explained, but this step was seen as a temporary strategy to increase orders, because potential customers wanted to buy before the price increase.

The price increase for the Model Y Performance itself was initially priced at 349,900 yuan and on October 27 the price was increased to 363,900 yuan.

As is well known, the Tesla Model Y is offered in three versions in China, including rear wheel drivers (entry level) sold for 263,900 yuan or Rp567 million, driving all wheels Rp664 million and the perfoma version at Rp782 million.

Indeed, for the Chinese market, Tesla's electric cars are among the most popular, from the record that this US electric vehicle manufacturer sold 72,115 Chinese-made vehicles in October, up 0.57 percent from 71,704 in the previous year.

However, in September 2023 it decreased by 10.9 percent, compared to the same period in the previous year.

Meanwhile, based on data from the China Passenger Car Association (CPCA) on Sunday, October 8, sales of Model 3 and Model Y cars made in China fell 12.0% from the previous month.