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Tesla records 486 new registrations in S’pore in Q3 2021

Final Monday (October 18), it was reported that Tesla has turn into the best-selling electrical car (EV) model in Singapore simply two months after getting into the market.

Total, it’s also been listed the sixth best-selling automotive model right here, outranking different automotive manufacturers like Nissan, Audi and Kia, in accordance with Land Transport Authority (LTA)’s September 2021 information.

Picture Credit score: @darenyoong via Twitter

To shed some perspective on its gross sales, Tesla has offered a complete of 314 automobiles in September alone — that is twice the variety of automobiles offered as in comparison with August.

Separate information from LTA revealed that the variety of new Teslas on Singapore roads has elevated to 487 within the third quarter, in comparison with simply eight in July 2021.

Picture Credit score: LTA

In distinction, the primary half of 2021 solely recorded 5 new Tesla registrations. Nevertheless, do observe that Tesla solely launched its gross sales portal in February.

As an entire, Tesla made up 1.4 per cent of 36,629 new automotive registrations in Singapore this yr, in contrast with high participant Toyota’s 20.4 per cent.

These statistics show that there was an enormous shopping for frenzy of Teslas in Singapore, a rustic that has been dubbed as one of many world’s costliest locations to personal a car.

On Tesla’s web site, it confirmed that new consumers must wait 4 to 12 weeks to get their automobiles, however this doesn’t appear to faze them.

It’s additionally worthy to notice that there’s just one Tesla mannequin out there in Singapore — the Tesla Mannequin 3 — which can also be their most reasonably priced mannequin.

It is available in two totally different variations although, the Mannequin 3 (Normal Vary Plus) and Mannequin 3 (Efficiency).

In Singapore, the fundamental Tesla Mannequin 3 prices between S$160,000 and S$200,000, with none add-ons.

It’s not clear what precisely prompted this surge in gross sales, although Singapore did announce this yr as much as S$45,000 subsidy for EV consumers.

Earlier this week, Tesla surpassed USS$1 trillion in market worth, surpassing the mixed worth of its 5 largest rivals: Toyota Motor Corp, Volkswagen AG, Daimler AG, Ford Motor Co, and Normal Motors.

Featured Picture Credit score: Tesla

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