Instagram Outage Disrupts Thousands of U.S. Users 
Jensen Huang Urges Taiwan Suppliers to Boost AI Chip Production Amid Surging Demand 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
SpaceX Updates Starlink Privacy Policy to Allow AI Training as xAI Merger Talks and IPO Loom 
The Tesla Model 3 emerged as the top-selling sedan in Singapore in August 2024, according to Land Transport Authority data. With 186 units sold, Tesla’s Model 3 outpaced all other sedans, highlighting the growing appeal of electric vehicles in the city-state.
Tesla Model 3 Outsells Competitors in August 2024, Capturing Nearly 20% of Singapore’s Sedan Market
According to Land Transport Authority (LTA) data, the Tesla Model 3 was the most popular sedan in Singapore in August 2024. This was the case for all sedans currently being sold in Singapore, regardless of whether they were battery-electric or combustion-powered.
The month of August 2024 was a significant milestone for Tesla in Singapore, as the LTA's vehicle sales data indicated the sale of 186 Model 3 sedans. The Model 3's victory over the Model Y in August is a testament to its popularity in Singapore, where Tesla sold 122 Model Y units last month.
The re-engineered Model 3 accounted for 186 units of the 972 sedans sold in Singapore in August 2024. This implies that Tesla sold nearly one in five sedans in Singapore last month, a remarkable accomplishment for the premium midsized sedan.
Tesla Captures 7.8% of Singapore's Auto Market in August 2024, Driven by Model 3 Success
In August 2024, a petrol-powered Toyota and an all-electric sedan from BYD stood out in Singapore's sedan market, each selling 128 units. Hyundai also sold 102 units of its hybrid sedan during the month.
Tesla sold 308 vehicles in Singapore last month. The total number of vehicle sales in the city-state last month was 3,949, which indicates that Tesla accounted for 7.8% of Singapore's overall automotive market in August. That is not unfavorable for a company primarily selling two vehicles in the city-state.
The Tesla Model 3, a vehicle that has been re-engineered and is safe and well-refined, is resonating strongly with consumers. It boasts a comprehensive set of features that make it a cost-effective option. According to vehicle evaluators, the redesigned Model 3 is an exceptional electric and automobile vehicle. Its strong resonance with consumers, as evidenced by Singapore's August 2024 sales, further underscores its popularity and appeal.
