Tesla shakes the auto industry in Thailand with the price points of Model 3 and Model Y

-

-Advertisement-

Tesla (TSLA) launched its Model 3 midsize luxury sedan and the Model Y midsize electric SUV in Thailand last week. Contrary to many analysts’ expectations, Tesla received a warm welcome in the small country with people taking a keen interest in these high-tech EVs.

According to a report by the National Thailand newspaper, Tesla sold over 5,000 Model 3 and Model Y cars in just 3 days of its launch in the country. Tesla has received an overwhelming response from Thai customers.

Prior to Tesla’s entry into the Thai car market, Chinese EVs such as the BYD Atto 3 crossover were gaining popularity, in fact, Atto 3 got 10,000 orders in just one month according to CleanTechnica.

Tesla Model Y Accessories by EVANNEX (Sponsored Banner).
– Sponsored –

Now that Tesla has entered the market, it seems like the focus of Thai EV customers is shifting to Model 3 and Model Y EVs. YouTuber Bjorn Nyland who constantly tests and reviews electric cars on his channel both in Norway and Thailand, reports that one of the main reasons for this shift is Tesla’s price point.

Screenshot from Tesla online car configurator. Specs, range, and prices  of Tesla Model 3 in Thailand.
Screenshot from Tesla online car configurator. Specs, range, and prices of Tesla Model 3 in Thailand as of 12th Dec 2022.

The price of a Tesla Model 3 in Thailand starts at ฿1.76 million baht which is almost equal to $50,600 USD. Before the official presence of Tesla in Thailand, a Tesla Model 3 would cost around $90K USD because of getting imported from Hong Kong via gray channels.

Tesla Model Y starts at around ฿1.9 baht in Thailand which is just a little above $56K USD. So, there isn’t a very big price difference between the base variants of the Tesla Model 3 and Model Y in Thailand.

Screenshot from Tesla online car configurator. Specs, range, and prices of Tesla Model Y in Thailand.
Screenshot from Tesla online car configurator. Specs, range, and prices of Tesla Model Y in Thailand as of 12th Dec 2022.
– Advertisement –

Thailand is a small country with narrower roads compared to the US and China, so most of the customers might prefer a smaller more compact Tesla Model 3 over the Model Y but we don’t have specific sales data yet to support this hypothesis.

Interestingly, the range figures of Model Y/3 shown on Tesla’s Thailand car configurator are presented according to the NEDC standard. For example, Tesla Model 3 RWD base variant has a range of 559 km (337 miles) but according to the EPA standard in the US, the same car has a range of 438 km (272 miles).

Since Bjorn has already driven a Tesla Model 3 in Thailand for a while, he does not agree with the range figures shown on the Tesla website (video below). The US EPA standard is much closer to real-life range estimations for electric vehicles.

Here’s the complete list of prices for all the variants of Tesla Model 3 and Model Y and their range in Thailand (estimated USD conversion rates are as of 12th December 2022).

Vehicle / VariantRange (NEDC)Price in Thai BahtEst. Price in USD
Tesla Model 3 Rear-Wheel Drive559 km฿1,759,000$50,600
Tesla Model 3 Long-Range AWD681 km฿1,999,000$57,500
Tesla Model 3 Performance608 km฿2,309,000$66,400
Tesla Model Y Rear-Wheel Drive 510 km฿1,959,000$56,300
Tesla Model Y Long-Range AWD623 km฿2,259,000$65,000
Tesla Model Y Performance582 km฿2,509,0000$72,100
Range and prices of Tesla Model 3 and Tesla Model Y in Thailand as of 12th Dec 2022. *USD conversation prices are rounded off to the nearest 100 or 1,000.

Even though the base Tesla Model 3 is quite expensive compared to a BYD Atto 3 ($50K vs. $31K respectively), the enthusiasm and obsession with Tesla are changing the dynamics of the local car market in Thailand. And Bjorn thinks Tesla is not just going to disrupt the EV market here but the entire automotive arena is going to be shaken by the US-based automaker’s presence in Thailand.

Let us know your thoughts in the comments section below.

Stay tuned for constant Tesla updates, follow us on: 
Google News | Flipboard | X (Twitter) | WhatsApp Channel | RSS (Feedly).

Bjorn Nyland thinks it’s game over for other automakers as Tesla enters the Thailand automotive market with its Model 3 and Model Y EVs.
Iqtidar Ali
Iqtidar Alihttp://www.teslaoracle.com
Author of more than 1500 articles on Tesla, SpaceX, and EVs. His work has been liked and tweeted by Elon Musk and other prominent influencers. You can reach him on Twitter @IqtidarAlii

Latest News

Here are the new dates for Tesla Robotaxi launch in Austin, Texas — first driverless Robotaxi spotted (videos)

The first driverless Tesla Robotaxi was spotted in Austin, Texas on Tuesday. A short video of this autonomous Tesla...

SpaceX prepares for Starship’s 10th flight, conducts a static fire test on Booster 16, Starbase updates

After the unfortunate events of Starship's 9th launch and landing test, SpaceX is gearing up for its next flight...

Tesla offers 0% APR for Cybertruck orders with FSD (ends soon)

Tesla (TSLA) is offering customers a 0% APR (annual percentage rate) if they order the All-Wheel Drive (AWD) variant...

Tesla (TSLA) teases upcoming 7-seat Model Y in new email to customers

Tesla (TSLA) sent an email to its existing customers and newsletter subscribers with the subject "Model Y: Midsize SUV"....
- Advertisement -

SpaceX prepares for Starship’s 10th flight, conducts a static fire test on Booster 16, Starbase updates

After the unfortunate events of Starship's 9th launch and landing test, SpaceX is gearing up for its next flight...

Trump to cancel SpaceX contracts, Musk retracts from decommissioning the Dragon spacecraft program

Tesla & SpaceX CEO Elon Musk and US President Donald Trump's romance has taken a historic and unanticipated turn....

Starship Flight 9 test: SpaceX misses major objectives, launch cadence to increase, says Musk

Starship's ninth launch and landing test was a hit and a miss at the same time. Some of the...

Tesla Tips & Tricks

Here’s how the Tesla mobile app V4.0 is different than the old version

Tesla released the newer version 4.0 of its mobile...

Defrost Mode lets you remotely melt snow from your Tesla in just minutes (videos & how to guide)

Tesla (TSLA) electric cars are unique in many ways...

Get your Cybertruck tonneau cover fixed by Tesla as a free waterproof upgrade

Tesla (TSLA) is asking owners of the Cybertruck to...

Tesla Quarterly Reports & Eearnings

Tesla (TSLA) surges after Q1 2025 Earnings Call, Musk’s time at DOGE to drop significantly soon

Surprisingly, after reporting negative Q1 2025 automotive and overall...

What to expect from Tesla (TSLA) Q1 2025 Earnings Call with Elon Musk

Today's Tesla (TSLA) Q1 2025 Earnings Call is probably...

Tesla (TSLA) announces time and date of the Q1 2025 Earnings Call

Elon Musk's electric vehicle and energy storage company Tesla...
- Advertisement -

You might also likeRELATED
Recommended for You