Tesla's Model YL Takes On Toyota And Ford: Analyst

Tesla, Inc. TSLA is reportedly preparing to introduce a longer, six-seat version of its Model Y sport utility vehicle in China.The news comes after Tesla reported a 75% plunge in sales in China during the first week of July as the company recorded 5,010 insured registrations.Bloomberg reports, citing data from the Ministry of Industry and Information Technology's website, that the vehicle will be about 150 centimeters (5.9 inches) longer than the existing Model Y.Also Read: Tesla Gains After DMV Lists It as ...