Tesla to Launch Cheaper Model Y in China Amid Growing Competition, Report Says
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Tesla plans to introduce a cheaper version of its Model Y SUV in China next year to address increasing competition in the market.
March 14, 2025 | 1:00 pm
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Tesla is set to produce and sell a cheaper Model Y in China next year, aiming to strengthen its position amid growing competition.
The introduction of a more affordable Model Y in China is likely to enhance Tesla's market share in a competitive environment, potentially boosting its stock price.
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