Tesla Debuts Model Y Performance in China as Model Y Deliveries Fall

Overview

• Tesla unveiled the Model Y Performance in China on Friday, September 11, with a starting price of 369,000 yuan and deliveries expected in two to six weeks.
• The Performance uses a 78.4 kWh battery with cells from LG Energy Solution China, dual motors rated at 176 kW and 291 kW, a claimed 0–100 km/h time of 3.5 seconds and a CLTC range of 659 km, and supports DC fast charging up to 250 kW.
• Model Y deliveries in China have fallen for three straight months, with August shipments down 25.8% year‑over‑year to 29,260 units and Tesla’s total China deliveries down 12.4% through August.
• Tesla announced a limited 10,000 yuan final‑payment cut for eligible in‑stock Model Y vehicles that are purchased and delivered by September 30 to push quarter‑end volume.
• Local rivals such as BYD now advertise much faster charging and expanding lineups, which raises pressure on Tesla’s pricing and charging performance and could force the company to lean on higher‑margin variants and export volume to stabilize results.