Tesla cuts Hong Kong Model 3 prices, post-tax discounts of up to 18%

Tesla announced today that it is lowering the price of Model 3 in Hong Kong, with some models receiving a maximum after-tax discount of up to 18%. The base version of Model 3, in conjunction with the "one-for-one" program, is now priced as low as 249,000 Hong Kong dollars. The Performance version under the "one-for-one" program is now priced at 325,314 Hong Kong dollars, a reduction of up to 18%. In order to promote the popularization of electric vehicles, Tesla is also offering limited-time promotions including 0% annual interest rate and 5 years interest-free installment plans. According to statistics, Tesla became the brand with the highest number of private car registrations in Hong Kong in May 2025, with 1,319 new car registrations, accounting for 30% of all new private car registrations in the city, with the Model Y accounting for 84% of that.