On January 24, Tesla officially unveiled the redesigned Model Y in select Shanghai stores. According to sources at Tesla’s store in Shanghai, the first batch of the new Model Y vehicles will begin delivery between late March and early April.
The same day, Tesla’s U.S. website announced the launch of the new Model Y, about two weeks later than its debut in China. Branded as “Launch Series” in the U.S., the new Model Y has a starting price of $49,990. In China, the new base rear-wheel-drive version starts at ¥263,500($37,008), while the long-range all-wheel-drive model starts at ¥303,500($42,626).
Although prices for the updated Model Y have increased by more than ¥10,000 compared to the previous model, the upgrades are reflected in its features and interior enhancements. During a visit to Tesla’s showroom, reporters noted several design improvements, including updated headlights, a continuous strip of ambient tail lights, and refined interior details. Notably, the new Model Y now features an 8-inch rear control screen, a 256-color ambient lighting system, and a front bumper camera. For the launch edition, Tesla has also added a distinctive metallic badge symbolizing “China Red” to the lower right side of the rear.
The release of the new Model Y comes at a critical time, as Tesla experienced its first annual decline in deliveries in 2024. The company is set to release its Q4 and full-year financial results on January 29 and hopes the updated Model Y will help boost sales in 2025.
An insider revealed that initial feedback for the new Model Y has been more favorable compared to the revamped Model 3. Remarkably, in just the first five days after its launch, orders for the new Model Y exceeded 70,000 units, underscoring strong demand for Tesla’s refreshed SUV.
German luxury automaker Porsche AG has commenced negotiations to terminate the contracts of Chief Financial Officer (CFO) Lutz Meschke and Sales Director Detlev von Platen ahead of schedule, according to a statement released by the company’s supervisory board on Saturday. This strategic move aims to address weakening financial performance and a significant downturn in Chinese …
Tesla New Model Y in China: Over 70,000 Orders in the First 5 Days
On January 24, Tesla officially unveiled the redesigned Model Y in select Shanghai stores. According to sources at Tesla’s store in Shanghai, the first batch of the new Model Y vehicles will begin delivery between late March and early April.
The same day, Tesla’s U.S. website announced the launch of the new Model Y, about two weeks later than its debut in China. Branded as “Launch Series” in the U.S., the new Model Y has a starting price of $49,990. In China, the new base rear-wheel-drive version starts at ¥263,500($37,008), while the long-range all-wheel-drive model starts at ¥303,500($42,626).
Although prices for the updated Model Y have increased by more than ¥10,000 compared to the previous model, the upgrades are reflected in its features and interior enhancements. During a visit to Tesla’s showroom, reporters noted several design improvements, including updated headlights, a continuous strip of ambient tail lights, and refined interior details. Notably, the new Model Y now features an 8-inch rear control screen, a 256-color ambient lighting system, and a front bumper camera. For the launch edition, Tesla has also added a distinctive metallic badge symbolizing “China Red” to the lower right side of the rear.
The release of the new Model Y comes at a critical time, as Tesla experienced its first annual decline in deliveries in 2024. The company is set to release its Q4 and full-year financial results on January 29 and hopes the updated Model Y will help boost sales in 2025.
An insider revealed that initial feedback for the new Model Y has been more favorable compared to the revamped Model 3. Remarkably, in just the first five days after its launch, orders for the new Model Y exceeded 70,000 units, underscoring strong demand for Tesla’s refreshed SUV.
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German luxury automaker Porsche AG has commenced negotiations to terminate the contracts of Chief Financial Officer (CFO) Lutz Meschke and Sales Director Detlev von Platen ahead of schedule, according to a statement released by the company’s supervisory board on Saturday. This strategic move aims to address weakening financial performance and a significant downturn in Chinese …