Tesla cuts prices of Model 3, Model Y vehicles in Singapore

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Tesla cuts prices of Model 3, Model Y vehicles in Singapore
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Tesla Inc has cut prices of its Model 3 and Model Y vehicles in Singapore between 4.3% and 5%, its website showed on Friday.

has cut prices of its Model 3 and Model Y vehicles in Singapore between 4.3% and 5%, its website showed on Friday.

Tesla cut prices on Real-Wheel Drive version of both Model 3 and Model Y by S$4,000 , and Dual Motor All-Wheel Drive version of the two models by S$5,000, the website showed. The U.S. electric vehicle maker has been cutting prices of its vehicles in some markets this year including the United States and China to shore up demand, stoking concerns about worsening profitability among investors and analysts.this year in the U.S. market, as Washington prepares to introduce tougher standards that will limit EV tax credits.

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