Tesla Introduces 2-Seater Model Y In France Aimed At Businesses
Portfolio Pulse from Anan Ashraf
Tesla Inc (NASDAQ:TSLA) has launched a 2-seater version of its Model Y SUV in France, targeting the business sector. This move aims to replace the country's 6.3 million diesel-powered commercial vehicles with Tesla's electric alternative. The new Model Y variant offers increased storage with a capacity of 2,158 liters and boasts a range of 565 km, surpassing the Long Range version. It will be showcased in France from March 4 to July 30. The price of this version is not disclosed, while the consumer Model Y starts at 42,990 euros. In 2023, Tesla sold over 37,000 Model Ys in France.
March 07, 2024 | 10:38 am
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Tesla introduces a business-focused 2-seater Model Y in France, aiming to tap into the commercial vehicle market and replace diesel cars.
The introduction of a 2-seater Model Y specifically for businesses in France represents a strategic move by Tesla to expand its market share in the commercial vehicle sector. By targeting the 6.3 million diesel-powered commercial vehicles, Tesla is not only increasing its potential customer base but also aligning with global trends towards sustainability and electric vehicles. This could lead to increased sales and market penetration in France, positively impacting TSLA's stock in the short term.
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