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Exclusive: Tesla plans Model Y costing at least 20% less to produce to defend China share, sources say

Reuters • 300 days

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Information

Tesla will make a lower-cost version of its best-selling Model Y in Shanghai, three people with know...

Original source

Corporate Developments

The decision to produce a lower-cost vehicle could significantly affect Tesla's sales in a key market.

FAQ

Why Bullish?

Introducing a lower-cost Model Y can attract more customers and increase sales.

How important is it?

The decision to produce a lower-cost vehicle could significantly affect Tesla's sales in a key market.

Why Short Term?

The immediate impact on sales and market share recovery is expected soon.

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