On December 31st, news broke that Tesla has implemented price reductions for its Model 3 sedan and Model Y sport utility vehicles in the South Korean market. The maximum price slash amounts to 9.4 million won (roughly equivalent to $6,490). To be more precise, the Model 3 high-performance all-wheel-drive variant now retails at 59.99 million won, marking a 9.4 million won decrease from its former price tag. Additionally, both versions of the Model Y have seen their prices trimmed by around 3 million won.
