<div class=newsTextDataWrapInner><p>KUALA LUMPUR (July 14): Tesla Inc’s latest all-electric SUV, Model Y, is now available to order in Malaysia, starting from RM199,000.</p></div>

<div class=newsTextDataWrapInner><p>In a statement on Friday (July 14), Tesla said that Model Y is available in three trims: Model Y (Rear-wheel drive), Model Y Long Range, and Model Y Performance.</p></div>

<div class=newsTextDataWrapInner><p>It said the estimated delivery date will be in early 2024.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Tesla said that as part of Malaysia’s commitment to promoting the adoption of low-carbon mobility and supporting the development of the electric vehicle (EV) industry, customers can enjoy full import and excise duties exemption for newly registered zero-emission Tesla electric vehicles (completely built-up EVs), along with 100% road tax exemption.</p></div>

<div class=newsTextDataWrapInner><p>Tesla owners may also claim individual income tax relief of up to RM2,500 on expenses related to the cost of installation, rental, purchase, including hire-purchase equipment or subscription fees for EV charging facilities, for the assessment year of 2023.</p></div>

<div class=newsTextDataWrapInner><p><em>Read also:<br />
<a href="https://theedgemalaysia.com/node/674864" target="_blank">Selangor govt pledges to facilitate Tesla's entry</a></em><br />
<em><a href="https://theedgemalaysia.com/node/674847" target="_blank">Collaboration with Elon Musk will create tens of thousands of skilled job opportunities — PM</a></em><br />
<em><a href="https://theedgemalaysia.com/node/674832" target="_blank">Anwar holds virtual meeting with Elon Musk on EVs, internet, investments</a></em></p></div>


KUALA LUMPUR (July 14):  Tesla Inc’s latest all-electric SUV, Model Y, is now available to order in Malaysia, starting from RM199,000.

Tesla Model Y now available to order in Malaysia, price starts from RM199k

The Malaysian Communications and Multimedia Commission (MCMC) and the Malaysian Investment Development Authority (Mida) will sign a memorandum of understanding (MOU) to help micro, small and medium enterprises (MSMEs) adopt and implement the use of 5G networks for their businesses, Communications Minister Fahmi Fadzil said.

MCMC and Mida to sign MOU to help MSMEs adopt, utilise 5G — Fahmi

Copper’s barnstorming rally is showing signs of slowing, one day after reaching an all-time high, with investors cautioning its rally may have been running ahead of weak fundamentals for refined metal.

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French jeweller Chaumet has opened its first boutique in Malaysia in the heart of downtown KL at The Exchange TRX.

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Feytech’s executive director Goo Yoong Chang says it plans to focus on hiring local workers for its plants in Kulim, Kedah.

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New Main Market-listed Feytech could be impacted somewhat by the government’s plans to rationalise the fuel subsidy according to executive director Goo Yoong Chang.

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US Treasury Secretary Janet Yellen urged German bank executives on Tuesday to step up efforts to comply with sanctions against Russia and shut down efforts to circumvent them to avoid potential penalties themselves that would cut off dollar access.

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Stocks drifted lower while the dollar held firm on Tuesday as investors awaited minutes of the Federal Reserve's (Fed) latest policy meeting to gauge the timing and extent of possible interest rate cuts this year.

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AFTER more than three years of being classified as an affected listed issuer, and having the trading of its shares suspended since April 26, cloud-based service provider AwanBiru Technology Bhd (KL:AWANTEC) learnt last Friday that the classification had been lifted by Bursa Malaysia Securities Bh...

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Bersatu Information Chief Datuk Wan Saiful Wan Jan was never involved in any of the government committees that had awarded the ‘Central Spine Road: Sertik to East Coast Highway Intersection’ contract to Nepturis Sdn Bhd, the Sessions Court was told on Tuesday.

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The hike in diesel prices is expected to be implemented in early June to combat smuggling and mitigate costly subsidies, according to CGS International.

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<p>Northcape Capital Ltd said a bid by major shareholders to take Malaysia Airports Holdings Bhd private may face opposition due to the low valuation offered.</p>


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<p>Malaysia and Japan are set to confirm their cooperation in strengthening semiconductor supply chains at a meeting later this week, according to Japanese daily <i>The Mainachi</i>.</p>


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<p>RHB Banking Group has launched Apple Pay for its customers in Malaysia.</p>


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<p>Hartalega Holdings Bhd (KL:HARTA) notched a turnaround in its final quarter thanks partly to a provision reversal that also helped to bring the world’s second-largest glovemaker by volume back into the black for the year.</p>


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<p>The Federation of Investment Managers Malaysia (FIMM) recently reprimanded eight former unit trust scheme (UTS) and/or private retirement scheme (PRS) consultants for their misconducts/breaches of the FIMM’s Consolidated Rules (FCR), Code of Ethics and Rules of Professional Conduct (Second Edition), or&nbsp;Code of Ethics (Third Edition).</p>


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<p>Shares of Menang Corp (M) Bhd (KL:MENANG) rose to its highest in nearly nine months after the property development and management company declared a special dividend amid six-year high quarterly earnings.</p>


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<p>Automotive seat manufacturer Feytech Holdings Bhd (KL:FEYTECH) made a strong debut on Bursa Malaysia’s Main Market at RM1.10, a premium of 30 sen or 37.5% over its initial public offering (IPO) price of 80 sen, with an opening volume of 25.15 million.</p>


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<p>The proposed fuel subsidy rationalisation by the government could impact the local automotive market, which houses its major customers, primarily consisting of automotive vehicle original equipment manufacturers (OEMs), according to automotive seat manufacturer Feytech Holdings Bhd (KL:FEYTECH).</p>


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<p>Rakuten Trade said Bahvest Resources Bhd (KL:BAHVEST) is poised for a potential bullish breakout from the U-shape pattern, targeting to surpass the neckline of 61 sen.</p>


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<p>KTI Landmark Bhd expects to raise RM48&nbsp;million under its listing exercise on the ACE Market of Bursa Malaysia.</p>

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<p>Affin Bank Bhd (KL:AFFIN), the financial services arm of the Armed Forces Fund&nbsp;Board (LTAT), said on Tuesday its net profit down was 26% lower year-on-year (y-o-y) in the first quarter, on lower net interest income and other income.</p>


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<p>Crypto prices have surged on signs of momentum toward US approval of exchange-traded funds investing directly in second-largest token Ether, a shift from a more downbeat outlook as recently as last week.</p>


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<p>Shares of Pintaras Jaya Bhd (KL:PTARAS) rose to its highest in 11 months after the construction company’s third-quarter earnings announcement.</p>


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<p>Tencent Holdings Ltd suspended the highly anticipated Dungeon &amp; Fighter Mobile within an hour of its Chinese debut Tuesday, suggesting strong initial demand for a blockbuster title that investors hope will drive revenue growth in 2024.</p>


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<p>Traders are pricing in a big move for Nvidia’s shares after the chipmaker reports earnings on Wednesday, though expectations for volatility are more muted than in the past, US options markets show.</p>


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<p>Shares of Supercomnet Technologies Bhd (KL:SCOMNET) fell on Tuesday and may be on course for its worst day in 15 months after the medical device manufacturer reported a weaker-than-expected first quarter.</p>


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<p>Stocks drifted lower while the dollar held firm on Tuesday as investors awaited minutes of the Federal Reserve's (Fed) latest policy meeting to gauge the timing and extent of possible interest rate cuts this year.</p>


<p>Sunway Construction Group Bhd (KL:SUNCON) retreated on Tuesday from its all-time high amid weaker-than-expected results and growing market concerns that its shares may have peaked after beating the consensus target price.</p>


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<p>The types of business which are most likely to use artificial intelligence are seeing growth in workers' productivity that is almost five times faster than elsewhere, raising hopes for a boost to the broader economy, accountancy firm PwC said.</p>
