Nan Fang Du Shi Bao·2025-08-19 11:15Core Insights - Tesla has officially launched the Model Y L in China, a special version designed for the local market, featuring a longer body and three rows of seating [2][4] - The Model Y L is priced at 339,000 yuan, directly competing with the Li Auto i8 priced at 339,800 yuan, making it a significant player in the large electric SUV market [2][4] - Tesla's recent performance shows a decline in revenue and net profit, with Q2 revenue at $22.5 billion, down 12% year-on-year, and net profit at $1.17 billion, down 16% year-on-year [4][5] Product Features - The Model Y L has an increased body length of 179mm, a wheelbase extension of 150mm, and a height increase of 44mm, providing a spacious interior and a total storage capacity of 2539L [2] - It features a dual-motor all-wheel-drive system with a maximum power of 142kW at the front and 198kW at the rear, achieving 0-100 km/h in just 4.5 seconds and a top speed of 201 km/h [3] - The vehicle is equipped with an 82kWh lithium battery, offering a CLTC range of 751 km and an energy consumption rate as low as 12.8 kWh/100 km [3] Market Dynamics - The launch of the Model Y L is expected to intensify competition in the large electric SUV segment, particularly against the Li Auto i8, which focuses on user experience features [4] - Tesla's sales in China have faced challenges, with a reported 13.6% year-on-year decline in sales for the first seven months of the year, totaling 432,000 units [5] - To regain growth, Tesla has introduced new models, including a long-range version of the Model 3 with a range of 830 km, the highest among its offerings [5]