Tesla Model 3 launches in the Philippines at 2.1M, sparks debate on EV affordability

The much-anticipated Tesla Model 3 has officially arrived in the Philippines, priced at an entry-level PHP 2,109,000. This marks a significant milestone for electric vehicle (EV) adoption in the country as Tesla introduces its flagship sedan and the Philippines’ first indoor Supercharger station at Uptown Mall in Bonifacio Global City.

For Filipinos considering the Model 3, the monthly installment starts at PHP 34,551 with an interest rate of 22.88% over five years. This price point has sparked discussion among potential buyers, with many questioning if the cost aligns with local affordability standards.

High Performance, Long Range, and Advanced Features

Tesla’s Model 3 offers several appealing features that set it apart from traditional vehicles. With a design optimized for aerodynamics and a quieter cabin due to 360-degree acoustic glass, the Model 3 promises a smooth, comfortable drive. The base model can cover up to 629 kilometers on a single charge, based on the Worldwide Harmonized Light Vehicles Test Procedure (WLTP).

In terms of speed, the Model 3 Performance variant can go from 0 to 100 km/h in just 3.1 seconds, showcasing its impressive acceleration capabilities. The base rear-wheel-drive model starts at PHP 2,109,000, while the Long Range and Performance variants are priced at PHP 2,489,000 and PHP 3,099,000, respectively.

Equipped with Tesla’s renowned Autopilot feature, the Model 3 uses advanced sensors to monitor surrounding areas and detect pedestrians, other vehicles, road markings, and obstacles, offering drivers an added layer of safety.

First Indoor Supercharger Station Opens in Manila

Tesla also introduced the first indoor Supercharger station in the country at Uptown Mall, offering quick and convenient charging for Model 3 owners. Priced at PHP 19 per kilowatt-hour, a full charge costs around PHP 1,140. Tesla’s Over-the-Air (OTA) updates further enhance the car’s performance, bringing continuous improvements directly to the vehicle.

The first batch of Tesla Model 3s and Model Ys is expected to arrive in early 2025. Interested buyers can visit the Tesla showroom at Uptown Parade, Uptown Bonifacio.