Tesla Is Stalling in China Just as Its Rivals Pick up Speed
4 Articles
4 Articles
Tesla is stalling in China just as its rivals pick up speed
Tesla launched a new six-seat version of the Model Y in China last month.VCG/VCG via Getty ImagesTesla's sales have flatlined in China as it faces a new wave of local competition.EV startups Xpeng, Nio, and Xiaomi have all launched new affordable EVs aimed at taking down Tesla's Model Y.It's a move that has paid off, with Xpeng and Nio reporting record monthly sales in August.China's EV startups are piling the pressure on Tesla.The US automaker'…
Deliveries of Tesla's new six-seat Model Y L already underway
Tesla has begun handing over the keys to its newest electric car in China, the Model Y L. This stretched, three-row version of the company's popular SUV is specifically designed to appeal to larger families. The first deliveries of the six-seat EV officially started this week, following its launch in late August. The biggest change - and the main selling point - is the addition of a third row of seats. The Model Y L offers a 2+2+2 seating config…
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