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Home/The reason Tesla slashed Model Y RWD by ₩3M yesterday
dogdrip|General•Recently

The reason Tesla slashed Model Y RWD by ₩3M yesterday

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The government lowered the price cap for the 100% EV subsidy from ₩53M to ₩50M.

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In response, Tesla immediately dropped the Model Y RWD price from ₩52.99M to ₩49.99M.

TeslaElectric vehiclesBusiness StrategySouth Korea
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"The government played chicken with the subsidy cap and Tesla blinked immediately, leading to a win for new buyers but absolute salt for those who just took delivery."

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