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Will BYD Malaysia respond? RM 8k slashed from Tesla Model 3 and Model Y

Hans Β· Apr 26, 2024 09:50 AM

Will BYD Malaysia respond? RM 8k slashed from Tesla Model 3 and Model Y 01

Tesla Malaysia has cut prices for its Model 3 and Model Y. All models / variants except for the recently announced Model 3 Performance have been slashed by RM 8k.

The latest prices for Tesla Malaysia models are as below:

  • Tesla Model 3 Rear-Wheel Drive: RM 181,000
  • Tesla Model 3 Long Range All-Wheel Drive: RM 210,000
  • Tesla Model 3 Performance All-Wheel Drive: RM 242,000
  • Tesla Model Y Rear-Wheel Drive: RM 191,000
  • Tesla Model Y Long Range All-Wheel Drive: RM 238,000
  • Tesla Model Y Performance All-Wheel Drive: RM 280,000

The latest price puts the Tesla Model 3 even closer to the BYD Seal, with less than RM 1k separating the two.

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Prices of the BYD Seal are as below:

  • BYD Seal Premium: RM 180,430
  • BYD Seal Performance: RM 200,430

Will BYD Malaysia respond? RM 8k slashed from Tesla Model 3 and Model Y 01

While the Tesla Model 3 is now more attractive, we should also remind buyers that with a Tesla, you are on your own. There’s no dealer or sales advisor to assist you in financing, insurance, vehicle registration.

With a BYD, whatever difficulties you face, you know that there’s always someone who will pick your call and help you. BYD also has a wider network of service centres to assist you in after-sales.

Of course, Tesla will counter with its easier to use app-free, park-plug-walk away Supercharger charging network, superior software, and lower maintenance cost.

Like China and Thailand, price wars among BEV players is a new normal.

Hans

Head of Content

Over 15 years of experience in automotive, from product planning, to market research, to print and digital media. Garages a 6-cylinder manual RWD but buses to work.

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