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

This could be Tesla’s next plan to recoup China market share
Tesla has lost share to Chinese competitors, while Elon Musk’s political activities have led to steep declines in Tesla sales in Europe.
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.
Tesla reportedly producing cheaper Model Y to boost sluggish sales in China
Tesla has plans to produce a low-cost version of its best-selling Model Y to boost sluggish sales in China, according to a report. The car will cost at least 20% less to produce than the version launched last year, and will be manufactured on existing production lines, sources with knowledge of the matter told Reuters.
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 Working On A Cheaper Model Y For China
Tesla sold more than 657,000 vehicles in China, which was a new record for the company. However, sales have slowed in the first two months of 2025, and a cheaper Model
Tesla Develops Cheaper Model Y in China to Battle Growing Competition
The stripped-down SUV is aimed at recovering market share from Chinese makers offering less-expensive models.
Tesla reveals plans for affordable Model Y variant
In view of Tesla's declining market share, insiders say the company is working on an affordable new model based on the Model Y. The vehicle is to be built in
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,
Tesla Reportedly Preparing Less Expensive Model Y to Fight Chinese EVs
Telsa plans to make a slightly smaller Model Y that costs at least 20 percent less to build than the recently refreshed Model Y.
Tesla’s new Model Y for China to be cheaper amid rising competition, mass production in 2026: Report
Tesla reportedly plans to launch a more affordable version of the Model Y in China, produced at its Shanghai Gigafactory, with mass production starting in 2026. This new model will be smaller and cheaper to manufacture,
China Cools on Musk: ‘Two Cars for the Price of One Tesla’
Elon Musk, the company’s chief executive, is fast losing out to Chinese electric carmakers in Tesla’s second-most-important ...
Tesla loses $127 billion in one-day market bloodbath as China car group questions Musk’s pursuit of ‘personal glory’
Monday’s plunge erased about $127 billion from the carmaker’s market value. Tesla has now lost all its gains since November’s ...
Tesla working with Baidu to improve assisted driving system in China, sources say
Tesla is working with Chinese tech giant Baidu to improve the performance of its advanced driving assistance (ADAS) system in ...
China Market Update: Local Carmakers Beat Out Tesla As Sales Surge In February, Xpeng Says Flying Cars Possible By 2026
Asian equities were mixed but mostly lower overnight following the selloff on Wall Street. Indonesia, Korea, and Thailand ...
Tesla Is Flailing in China and BYD’s Rapid Rise Is to Blame
Tesla Inc.’s business in China is trending as though its best days in the world’s biggest electric vehicle market may be ...
Tesla has split from the 'Musk trade.' The company has its own unique problems.
Tesla shares have fallen in each of the seven weeks since Elon Musk went to Washington to cut government costs.
Musk pledges to double Tesla’s U.S. production amid support for Trump
CEO Elon Musk has said that the company plans to double its U.S. vehicle production within two years, aligning with President ...
Tesla's market cap drops by nearly half: Is Elon Musk’s EV party over?
The company's market capitalization has dropped since hitting an all-time high of $1.5 trillion in December, erasing most of ...