Hyperdrive
Tesla Starts Selling Chinese-Made Model Y in Korea for $44,000
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Tesla Inc. has started selling Chinese-made Model Y sport utility vehicles in South Korea, slashing the price to be eligible for more subsidies.
The rear-wheel drive model is priced at 56,990,000 won ($44,000), according to Tesla Korea’s official website. With government subsidies, that drops to about $37,000 in Seoul, and as low as $30,000 in some cities that offer extra incentives for EVs.