8/14/2019

Tesla Begins Model 3 Sales in S. Korea

Facebook Share Icon LinkedIn Share Icon Twitter Share Icon Share by EMail icon Print Icon

Tesla Inc. formally introduced its Model 3 electric sedan in South Korea yesterday.

Share

Facebook Share Icon LinkedIn Share Icon Twitter Share Icon Share by EMail icon Print Icon

Tesla Inc. formally introduced its Model 3 electric sedan in South Korea yesterday.

The company is taking deposits for the car but won’t begin deliveries until next spring. The Model 3 carries a base price in Korea of 52 million won ($42,900), the Korea Herald reports. That’s about $3,200 more than the car’s starting price in the U.S.

Tesla entered the Korean market two years ago with its pricier Model S electric sedan. The company has installed 172 standard charging stations and 22 quick-charge facilities in the country since then, according to the Herald.