Tesla drops prices of Model 3 in Japan by as much as 24%

Tesla had a busy night adjusting prices of the Model 3 and Model Y in the U.S. by as much as $2,000. Not to be left out of the party, customers in Japan have seen an even bigger price drop.

Announced by the Tesla Japan Twitter account, both the Standard Range Plus (SR+) and Long Range (LR) Model 3’s saw significant price adjustments. (h/t Sawyer Merritt)

The SR+ Model 3, previously priced at ¥5,110,000 ($61,300 CAD) now starts at ¥4,290,000 ($51,400 CAD). That represents a 16% price drop.

The LR Model 3 now starts at ¥4,990,000 ($59,800 CAD), down nearly 25% from ¥6,552,000 ($78,600 CAD).

With the price drop for the SR+ variant, the Model 3 is now cheaper than the Nissan Leaf in Japan. The Leaf e+ starts at ¥4,411,000 ($52,900 CAD).

Are you buying a Tesla? If you enjoy our content and we helped in your decision, use our referral link to get a three month trial of Full Self-Driving (FSD).
Previous Article

Tesla drops price of Model 3 and Model Y in U.S. by as much as $2,000, no changes in Canada

Next Article

Montreal based electric jet-ski and snowmobile maker Taiga to public via SPAC

You might be interested in …