According to data, Tesla's most popular electric car is cheaper in Tokyo than anywhere else in the world. The weak yen, combined with generous central and city subsidies introduced this year, could reduce the price of the Model Y to less than $23,000. That's less than what travelers would pay to buy a vintage Rolex Oyster Perpetual Journal at a Tokyo dealer. Tesla has also been highlighting these subsidies in Japanese advertisements, targeting customers in this market dominated by Toyota Motor Corporation and Suzuki Motor Company. The Model Y was the most imported car in Japan in the first half of this year. Tesla listed the Model Y at 5.6 million yen in Japan. However, buyers living in Tokyo can buy it for 3.6 million yen, thanks to central and city subsidies of up to about 2 million yen. With these benefits, the Model 3 only costs as little as 3.3 million yen.

According to data, Tesla's most popular electric car is cheaper in Tokyo than anywhere else in the world. The weak yen, combined with generous central and city subsidies introduced this year, could reduce the price of the Model Y to less than $23,000. That's less than what travelers would pay to buy a vintage Rolex Oyster Perpetual Journal at a Tokyo dealer. Tesla has also been highlighting these subsidies in Japanese advertisements, targeting customers in this market dominated by Toyota Motor Corporation and Suzuki Motor Company. The Model Y was the most imported car in Japan in the first half of this year. Tesla listed the Model Y at 5.6 million yen in Japan. However, buyers living in Tokyo can buy it for 3.6 million yen, thanks to central and city subsidies of up to about 2 million yen. With these benefits, the Model 3 only costs as little as 3.3 million yen.