Tesla China is planning a new “lower-priced Model Y”
Tesla's Chinese team has led the development of a new model to cope with fierce competition in the market. The "lower-priced Model Y" doesn't have much change in the battery, power and chassis, compared to the current Model Y , according to local media. The timing of the launch of this new model will depend on the order performance of the updated Model Y Tesla China is developing a new model to cope with fierce competition in the market, according to local media. The new model is a "lower-priced Model Y" with no major changes to the battery, power and chassis compared to the current Model Y. Tesla China is developing this new model through depop , an internal Tesla development process that streamlines configurations to enable rapid product launches while leaving key features unchanged, according to local media. The timing of the new model's launch will depend on the performance of orders for the updated Model Y, adding that Tesla is expected to...