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SINGAPORE (Reuters) – Tesla has begun offering discounts to electric vehicle buyers in Singapore who agree to purchase existing inventory of the Model 3 or Model Y, a company sales representative said on Monday.
Tesla is offering a discount of $5,000 for electric vehicle purchasers who trade in an existing internal combustion vehicle and another $5,000 credit against the cost of the certificate to operate a car in Singapore.
In addition, for qualified buyers who have a place for home installation, Tesla will provide the wall connector for charging, although the consumer has to pay for the cost of installation.
The limited-term discounts in Singapore come just days after Tesla cut prices in China, South Korea, Japan and Australia.
(Reporting By Kevin Krolicki; Editing by Kim Coghill)