Tesla CEO Elon Musk States No Refreshed Model Y Launching This Year

Reported 10 months ago

Elon Musk declared on social media that Tesla will not introduce a refreshed Model Y in the current year, emphasizing the continuous improvement of their vehicles. The carmaker's sluggish model updates have been attributed to decreased consumer interest and competition from Chinese rivals launching more affordable models. Tesla's global vehicle deliveries decreased for the first time in almost four years, with reports from last year suggesting a Model Y production revamp planned for 2024.

Source: YAHOO

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