© Reuters. FILE PHOTO: Visitors look at a Tesla Model 3 electric vehicle (EV) at the third China International Consumer Products Expo, in Haikou, Hainan province, China, April 12, 2023. REUTERS/Casey Hall
SINGAPORE (Reuters) – Tesla (NASDAQ:) Inc has cut prices for its Model 3 and Model Y vehicles in Singapore by between 4.3% and 5%, its website showed on Friday.
The US electric vehicle maker has been cutting prices for its vehicles in some markets this year, including the United States and China, to shore up demand.