* Translated by AI

Starnews

Tesla Korea offers up to 2.15 million won in self-funded support in areas where subsidies have been exhausted... 'God of Business'

Updated:

Kim gyeong-soo

*This content was translated by AI.

Tesla Model Y
Tesla Model Y

Tesla Korea is launching a self-funded support program for consumers hesitating to purchase electric vehicles in some regions where the second-half EV subsidies have been exhausted.

On the 31st, Tesla Korea announced it has established the "Tesla Support Program," which provides subsidies comparable to national government grants for customers in areas where no supplementary budget has been allocated and all subsidies have been fully utilized. The program applies to customers who receive vehicle delivery by September 30.

Eligibility is limited to consumers residing in regions where subsidies have run out, provided they complete vehicle delivery within the specified period. Support amounts vary by vehicle model and trim: 1.68 million won for Model 3 RWD, 2 million won for Model 3 Performance, 1.7 million won for Model Y Premium RWD, 2.1 million won for Model Y Premium Long Range AWD, and 2.15 million won for Model Y L.

To apply, customers must place an order for the respective model and respond to the "I wish to receive Tesla support and delivery" option in the sequentially distributed subsidy survey. Customers who ordered vehicles prior to the implementation date may also qualify for the same benefits if they meet the conditions.

Tesla Model 3
Tesla Model 3

This support is a self-funded promotion by Tesla Korea, not an official government or local government subsidy. Receiving this support and taking delivery of the vehicle will not result in any penalties, such as restrictions on reapplying for government subsidies within the next two years. Additionally, it can be combined with Tesla's existing Trade-in promotion.

However, basic subsidies provided by local governments or additional benefits offered by the central government—such as those for youth, first-time buyers, and multi-child households—are not included. Due to limited availability of support funds, the program may end early without further notice depending on remaining stock.

Tesla Korea stated via its own channels: "Since subsidy operations vary by local government and the status of supplementary budget allocation changes frequently, please check for the latest information through our stores or delivery advisors."

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*This content was translated by AI.

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