This could be Tesla’s next plan to recoup China market share - MarketWatch
1. Tesla plans lower-cost Model Y in Shanghai to regain market share. 2. The new Model Y aims to reduce production costs by at least 20%. 3. Musk's political actions have led to protests and boycotts affecting sales. 4. U.S. registrations for new Teslas fell 11% in January 2024. 5. Tesla warns tariffs could impact operations and increase costs.