From Dow Jones & Company:



Tesla Inc. is preparing to launch an updated version of its popular Model Y SUV at its plant in Shanghai, featuring significant interior and exterior changes. The revamped Model Y is expected to reach mass production as soon as mid-2024.

It is reported that the Shanghai facility will pause production in May to retool its production lines for the updated Model Y, with the changes including a new interior design and improvements to the body structure. This move is part of Tesla’s efforts to update and improve its vehicles in the highly competitive electric vehicle market.

Overall, Tesla’s plan to launch an updated version of the Model Y at its Shanghai plant signals the company’s commitment to innovation and staying ahead in the electric vehicle market. The changes in the new version of the Model Y are expected to appeal to consumers and contribute to Tesla’s continued success in the industry.



Read more: Tesla reportedly will build revamped Model Y in Shanghai in 2024