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Where to Get the World’s Cheapest — and Most Expensive — Tesla

  • China is the cheapest place in the world for a Tesla Model Y
  • A Model Y in Singapore costs almost as much as an apartment
A China-made Tesla Model Y at the Auto Shanghai 2021 show in April 2021. 
A China-made Tesla Model Y at the Auto Shanghai 2021 show in April 2021. Photographer: Qilai Shen/Bloomberg
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Tesla Inc.’s Model Y has been a smash-hit worldwide -- on track to rank among the top five best-selling models this year and the only electric car to make the cut. More than 500,000 were snapped up in the first nine months, but depending on which country you live in, you may be forking out vastly different sums. 

Mainland China is the world’s cheapest place to buy a Model Y. After last month’s price cuts, the Model Y starts at 288,900 yuan ($40,500), slightly over half the US retail price. At the other end of the spectrum, Singapore is the world’s most expensive place to own a Tesla: getting the four-door SUV in the island state will set you back a hefty S$142,471 ($103,800) -- and that’s before excise and registration duties, which can double the overall price tag.