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Tesla to deliver Shanghai-made EVs to Thailand in early 2023

Elon Musk-led automaker sets Model Y price above BYD and Toyota

Tesla launched in Thailand on Wednesday at Siam Paragon mall in Bangkok. This is the U.S. automaker’s second foray into the Southeast Asian market, after Singapore. (Photo by Francesca Regalado)

BANGKOK -- Tesla entered its second country in Southeast Asia's budding electric vehicle market on Wednesday with an official launch in Thailand, where competitors are rushing to take advantage of government incentives for local production.

Online bookings started on Wednesday for the Model 3 and Model Y, which Tesla aims to deliver in the first quarter of 2023. The Model 3 sedan will be priced from 1.76 million baht ($50,000), while the Model Y midsize SUV will start at 1.96 million baht.

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