A more budget-friendly iteration of the Tesla Model 3 has made its debut in South Korea, boasting a suggested retail price of 41.99 million Korean won, which is roughly equivalent to RMB 198,000. Following the application of subsidies, the cost plummets to below RMB 180,000, securing its position as the most competitively priced Model 3 across the globe. Prior to this launch, the most economical Model 3 offered by Tesla in South Korea was the long-range rear-wheel-drive model, retailing at 52.99 million Korean won, or approximately RMB 250,000. This results in a price disparity of approximately RMB 50,000 between the two variants.
