Tesla has reached a significant production milestone, building its one millionth Model Y SUV at its Fremont factory. This achievement highlights the company’s continued growth and dominance in the electric vehicle market, showcasing the success of its California production facility.
Tesla has introduced a 7-seat configuration for its Model Y SUV in the Netherlands, making it a more attractive option for larger families. The new option is available on the Long Range All-Wheel Drive variant and comes with a price premium. This move reflects Tesla’s focus on expanding the Model Y’s appeal and catering to different customer needs.
Tesla’s Model Y has become the best-selling electric vehicle in Norway, surpassing the number of gasoline-powered cars on the road. This achievement showcases the growing popularity of EVs in colder climates, challenging claims that they struggle in low temperatures.
Tesla is reportedly planning to produce a six-seat version of its Model Y SUV in China starting in late 2025. This new variant will be manufactured at Tesla’s Gigafactory in Shanghai, and the company has asked suppliers to prepare for a significant increase in Model Y production in the region. This move is likely aimed at expanding Tesla’s reach in the Chinese market, where the Model Y is currently only available with five seats.
The Tesla Model Y is a popular electric car offering a good balance of price, range, and features. But with several trims available, choosing the right one can be tricky. This guide breaks down the pros and cons of each Model Y trim, helping you determine which best suits your needs and budget.
Tesla’s popular Model Y is rumored to be getting a refresh, codenamed ‘Juniper’. Expect design tweaks, interior upgrades, and new features like predictive shifting and ventilated seats. The refresh is likely to maintain the Model Y’s affordability, but a release date remains unclear.
Tesla, the leading electric vehicle manufacturer, has implemented significant price cuts for three of its five models in the United States. This move reflects the company’s efforts to cope with industry challenges, declining demand, and intensified competition. The price reductions affect the popular Model Y, as well as the premium Models X and S. Despite these price adjustments, the Model 3 sedan and Cybertruck remain unaffected.
Tesla has implemented significant price reductions for its vehicles in the United States, China, and Germany. The company’s Model Y, Model X, and Model S vehicles have seen a $2,000 decrease in the US, while the price of Full Self-Driving software has been lowered from $12,000 to $8,000. Tesla has also reduced prices in China and Germany, with the Model 3 seeing a price cut of 14,000 yuan ($1,930) in China. This recent round of price cuts comes amid a decline in Tesla’s stock value, which has fallen to its lowest point in 15 months. Tesla’s stock may continue to face selling pressure due to an upcoming earnings report that is expected to show a decline in demand and a potential negative free cash flow quarter.
