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Tesla to Launch Six-Seat Model Y in China by 2025

Tesla aims to boost its market share in China's competitive EV landscape with new Model Y variant.

  • Tesla plans to produce a six-seat version of its Model Y at its Shanghai factory starting in late 2025.
  • August saw Tesla's best sales month of the year in China, with a 17% increase from July.
  • Despite a global demand slowdown, Tesla's China-made EV sales grew by 3% year-on-year in August.
  • Tesla faces stiff competition from domestic EV makers like BYD, XPeng, and Li Auto.
  • Chinese government incentives and zero-interest loans have helped boost Tesla's recent sales.
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