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Tesla Model 3 to get up to $30,000 in Incentives

S'toon

Knows where his towel is
Apr 23, 2015
3,702
3,748
AB
Elon Musk presented the Tesla Model 3 as the “best vehicle you can buy for US$35,000”, regardless of the fact that it is all-electric or what kind of incentives are available to you, but the truth is that a lot of customers will have the opportunity to buy the car for much less (without options) – thanks to government incentives to encourage the adoption of electric vehicles.

I have a reservation and here in Quebec, if all goes well, I should still be eligible for a CA$8,000 (US$6,200) rebate by the time the car becomes available, which should go a long way to help alleviate the price difference due to the exchange rate between CAD/USD.

But the incentive in Quebec has nothing on Singapore’s. Singapore’s Minister of Transport Khwan Boon Wan said this week that under the global city’s Carbon Emissions Vehicle Scheme (CEVS), the Tesla Model 3 is eligible to up to SGD$30,000 (US$22,000) in incentives.

Channel NewsAsia reports:

“Transport Minister Khaw Boon Wan said on Monday (May 9) that the scheme – which incentivises car owners to buy environmentally friendly cars – would apply to the Tesla Model 3, which was launched in the United States on Mar 31.”

<snip>
Full article at:
Tesla Model 3 to get up to US$22,000 rebate in Singapore, says Transport Minister
 

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