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Can Tesla's New Model Y+ Rev Up China Sales After a 3-Year Low?
ZACKSยท 2025-11-13 16:51
Key Takeaways Tesla launched the long-range rear-wheel-drive Model Y to revive slowing China sales.Model Y offers 821 km of range with a 78.4-kWh LG battery, 38% more than the entry model.Tesla's China market share fell to 3.2% in October, but exports from Shanghai hit a two-year high.Tesla (TSLA) is betting on a new addition to its Model Y lineup to revive its slowing sales in China amid stiff competition. The company has launched a long-range rear-wheel-drive Model Y, offering up to 821 km of range under ...