Tesla Inc has cut prices of some of its car models in South Korea, a local Tesla sales official said on Friday, the second straight month the U.S. electric vehicle maker has lowered prices.
A Tesla logo is seen at its planned store in Hanam, South Korea, December 22, 2016. Picture taken December 22, 2016. REUTERS/Kim Hong-Jihas cut prices of some of its car models in South Korea, a local Tesla sales official said on Friday, the second straight month the U.S. electric vehicle maker has lowered prices.
The price of the basic Model 3 rear-wheel drive vehicle was listed as 59.9 million won on the company's website on Friday, down more than 5% from a month earlier. Its Model Y Performance sports utility vehicle was 82.69 million won, down nearly 13% from the January listing price of 94.73 million won.
The price cuts differed from model to model but ranged from about 3.5 million won to 12.6 million won., Tesla cut the prices of some of its cars in South Korea.over the next two months to meet demand ignited by aggressive price cuts on its best-selling models.
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