Following reported price drops in several markets internationally, Tesla has announced reductions in prices for its models in Malaysia, with price reductions of RM8,000 across the board save for the 2024 Model 3 Performance that was just announced for the Malaysian market this week, from RM242,400.

Here are the latest prices of Tesla vehicle models in Malaysia:

Tesla Model 3:

  • Rear Wheel Drive – RM181,000 (launch RM189,000)
  • Long Range AWD – RM210,000 (launch RM218,000)
  • Performance – RM242,000

Tesla Model Y:

  • Rear Wheel Drive – RM191,000 (launch RM199,000)
  • Long Range AWD – RM238,000 (launch RM246,000)
  • Performance – RM280,000 (launch RM288,000)

All fully imported (CBU) electric vehicles in Malaysia are tax-exempt until the end of 2025, which means EVs such as those from Tesla are exempted from import duty, excise duty and sales tax.

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