Tesla starts selling Model Y in Malaysia at a starting price 50,000 yuan more expensive than in China

Tesla starts selling the Model Y in Malaysia, priced 50,000 yuan higher than in China

【phoneauto News】On July 17th, phoneauto learned that Tesla officially started selling the Model Y in Malaysia. According to Tesla’s official website, the starting price for the Tesla Model Y in the Malaysian market is 199,000 ringgit (approximately 314,000 yuan), which is 19% more expensive than the domestic market, about 50,000 yuan (the starting price for the Model Y in the Chinese market is 2.639 million yuan). It is reported that the first batch of vehicles is expected to be delivered in early 2024.

Specifically, the prices of different versions of the Tesla Model Y in the Malaysian market are as follows: The rear-wheel drive version of the Model Y is priced at 199,000 ringgit (approximately 314,000 yuan); the long-range version of the Model Y is priced at 246,000 ringgit (approximately 389,000 yuan); the performance version of the Model Y is priced at 288,000 ringgit (approximately 455,000 yuan).

It is worth mentioning that in early July, Tesla CEO Musk had a phone conference with Malaysian Prime Minister Anwar Ibrahim to discuss further investment by Tesla in Malaysia, including the establishment of offices, stores, service centers, and supercharging networks in Malaysia.

According to the plan, by 2030, hybrid and electric vehicle sales will account for 15% of the Malaysian market. To accelerate the achievement of this goal, Malaysia will implement tax reduction policies for foreign electric vehicle manufacturers and introduce corresponding incentives for local consumers to purchase electric vehicles.

In terms of electric vehicle infrastructure construction, Malaysia will build 10,000 public charging stations nationwide by 2025. It is reported that the Malaysian authorities will provide relevant tax incentives for companies interested in building electric vehicle infrastructure in the country.

We will continue to update Phone&Auto; if you have any questions or suggestions, please contact us!


Was this article helpful?

93 out of 132 found this helpful

Discover more


A family that is easy to talk to. Geely and Volvo jointly raised 3.3 billion yuan for capacity enhancement.

[PhoneAuto News] On November 9th, Beijing time, Swedish luxury electric car brand Polestar raised a total of $450 mil...


Geely announced a reduction of 3.3% in its shareholding in Volvo Cars, decreasing it from 82% to 78.7%.

【PhoneAuto News】Zhejiang Geely Holding Group announced recently that it will reduce its stake in Volvo Cars by 3.3%...


Changan announces partnership with NIO to promote establishment of battery swapping standards.

【PhoneAuto News】On November 21, @Changan Automobile's official Weibo account announced a major cooperation agreemen...


United Automobile Workers Union promotes comprehensive unionization of US automobile manufacturers

[PhoneAuto News] On November 29, the United Auto Workers (UAW) launched an innovative website, providing automotive w...


Exciting News! BMW may produce a domestically-made 2-series four-door coupe, with the imported version starting at 272,900 yuan.

[PhoneAuto News] Recently, PhoneAuto has learned from reliable sources that the production of the BMW 1 Series Sports...


CATL and Stellantis Sign Memorandum of Understanding for Joint Venture

[PhoneAuto News] On November 21st, CATL (Contemporary Amperex Technology Co. Limited) and Stellantis Group signed a n...