Tesla is working on a cheaper Model Y to compete in China, positive.

From Investing.com: 2025-03-14 03:21:35

Tesla is reportedly working on a new version of the Model Y that will cost at least 20% less to produce in order to maintain its market share in China. This move is seen as a strategic plan to keep up with increasing competition in the electric vehicle market.



Read more at Investing.com: Exclusive-Tesla plans Model Y costing at least 20% less to produce to defend China share, sources say