The cost of Tesla Model Y in Japan reached a record low of $ 23 thousand.

Thanks to a weak yen and government subsidies in the capital of Japan, the Tesla Model Y electric car can be bought for less than $ 23 thousand. It's cheaper than anywhere else in the world, according to The Japan Times.

The Model Y crossover, which the company produces at its factory in Shanghai, became the most popular imported car in Japan in the first half of the year. Tesla has set in Japan the official selling price for the Model Y 5.6 million yen (more than $ 35,000). However, in Tokyo, thanks to subsidies and local discounts, it can be bought at a price of 3.6 million yen ($22.9 thousand). Tesla Model 3 can be bought in Tokyo at a price of 3.3 million yen ($ 20.8 thousand).

Tokyo prices for Tesla are lower than in China or the United States. There Model Y costs, respectively, from 263.5 thousand yuan ($ 39.3 thousand) and from $ 36 thousand.

Ekaterina Naumova