Tesla(US:TSLA) Zhong Guo Ji Jin Bao·2025-07-16 14:24Group 1 - Tesla has officially announced the upcoming launch of the extended version of Model Y, known as Model Y L, which is set to debut in the third quarter [2][3] - The Model Y L is a luxury all-electric SUV with a wheelbase exceeding 3 meters and a length of approximately 5 meters, featuring a dual-motor system with power outputs of 142kW and 198kW, and a top speed of 201 km/h [6] - The expected price for the Model Y L is around 400,000 yuan, positioning it between the existing Model Y and Model X [6] Group 2 - Despite a general decline in Tesla's sales in China, the Model Y remains the best-selling SUV, with sales of 44,848 units in June 2025, making it the top-selling model in the mid-size SUV market for four consecutive months [8][9] - The sales figures for June 2025 show that the Model Y outperformed competitors, with the second-best-selling model, BYD Song PLUS, achieving 26,813 units [9] - Tesla's sales in key markets have shown signs of recovery, particularly in China, where the delivery volume from its factory has seen year-on-year growth for the first time in nine months, driven by the updated Model Y [10] Group 3 - The updated Model Y incorporates a cyberpunk design in its headlights and features fast charging capabilities, allowing for 250 kilometers of range in just 15 minutes, appealing to the Gen Z demographic [10] - In Europe, Tesla's sales in Norway and Spain have surged by 54% and 60.7% respectively, attributed to the delivery of the updated Model Y, although sales in Sweden, Denmark, France, and Italy have continued to decline for six consecutive months [10] - Analysts suggest that the lack of new mainstream models since 2020 may limit the long-term impact of the updated Model Y, viewing it as a classic product extension strategy to prolong the product lifecycle [10]