Tesla has officially hit a major milestone in Singapore, delivering its 10,000th vehicle this week. The landmark achievement highlights the brand’s rapid ascent in a market known for having some of the highest car ownership costs in the world.
Tesla’s journey in Singapore began in early 2021, marking a dramatic return after Elon Musk previously criticized the country’s government for being “unsupportive” of electric vehicles. Since then, a shift in government policy—including aggressive rebates under the Electric Vehicle Early Adoption Incentive (EEAI) and the Vehicular Emissions Scheme (VES)—has helped Tesla dominate the premium BEV segment.
Buying a Tesla in Singapore remains a luxury experience due to the high cost of the Certificate of Entitlement (COE). Currently, the Model 3 and Model Y Premium RWD 110 variants qualify for the more affordable Category A COE, making them significantly more competitive.
| Model & Variant | COE Category | Est. Price (Incl. COE & Rebates) |
|---|---|---|
| Model 3 Premium RWD 110 | Cat A | $187,999 |
| Model 3 Long Range RWD | Cat B | $213,888 |
| Model Y Premium RWD 110 | Cat A | $214,999 |
| Model Y Long Range AWD | Cat B | $241,656 |
| Model Y L (Long Wheelbase) | Cat B | $254,999 |
The recent addition of the stretched six-seater Model Y L has been a major driver for this 10,000-unit push. This variant was designed specifically to cater to larger families in the region who need more utility than a standard five-seater crossover offers.
Despite the high price tags, Tesla continues to hold a strong market share in Singapore, frequently battling BYD for the top spot in monthly electric vehicle registrations. With 10,000 cars now on the road, Tesla’s Supercharger network has also reached a critical mass across the island, ensuring the infrastructure keeps pace with the growing fleet.
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