The first Tesla Model S sedans are on sale for just HK$1,839, according to a Tesla spokesperson.
That price is down from HK$2,299 a few weeks ago.
The Tesla Model 3 will cost HK$8,995, while the Model S and Model X are priced at HK$11,906 and HK$15,842 respectively.
In the UK, the cheapest Model S car is currently the £39,979 Nissan Leaf.
Tesla also said its latest Model S, the Model X SUV, will be available for purchase by the end of the year.
It is now just the third major automaker to release a car priced at the HK$10,000 mark.
Hong Kong-based Teslas will become available in July 2018 for HK$12,990 and HK $17,990 respectively.