Tesla mulls low-cost Model Y to regain market share in China

Tesla mulls low-cost Model Y to regain market share in China - report
In a bid to regain market share in China, Tesla (NASDAQ:TSLA) is reportedly developing a lower-cost version of its best-selling Model Y in Shanghai. Citing people with knowledge of the matter, Reuters reported that the new model will be more compact and at least 20% cheaper to manufacture than the refreshed Model Y,
Tesla plans production of lower-cost Model Y in Shanghai, Reuters reports
Tesla (TSLA) plans to make a lower-cost version of its Model Y in Shanghai in an effort to regain ground lost in its second-largest market,
Exclusive: Tesla plans Model Y costing at least 20% less to produce to defend China share, sources say
Tesla will make a lower-cost version of its best-selling Model Y in Shanghai, three people with knowledge of the matter said, aiming to regain ground lost during a price war in its second-largest market.
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Tesla is preparing to launch a couple of new more affordable electric vehicles and the first one is expected to basically be a stripped-down Model Y, according to a new report from China. We have been reporting on this new vehicle program from Tesla for a while now.
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