Tesla officially launches Model 3 and Model Y in the Philippines
Tesla officially launched the Model 3 sedan and the Model Y crossover in the Philippines. Both vehicles are priced competitively against mainstream rivals in the country’s automotive segment.
Tesla first Experience Center in the Philippines is located at 22 Uptown Parade, Bonifacio Global City (BGC), a central business district and one of Metro Manila’s most high-end areas. Videos and photos taken of the site’s opening ceremony showed that the event was quite prolific, as it attracted a good number of people, including some officials.
Tesla Philippines’ pricing for the Model 3 is quite competitive. The Model 3 Rear Wheel Drive starts at Php 2,109,000 ($36,142), the Model 3 Long Range All Wheel Drive (AWD) starts at Php 2,489,000 ($42,652), and the Model 3 Performance starts at Php 3,099,000 ($53,105) before options.
This places the Model 3 in the same price range as the Toyota Camry 2.5 V HEV, which is currently being sold in the Philippines for about Php 2,457,000 ($42,106). It is also significantly more affordable than the BMW 3-Series Sedan 318i Business, which is sold with an MSRP of Php 3,590,000 ($61,522) in the Philippines.
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