Tesla Begins Taking Orders for Model Y L for China
By Reuters | 18 Aug, 2025
The redesigned upgrade of the aging Model Y is priced at $47,184 as a growing field of Chinese EV models erode Tesla's China market share.
This is the rear view of the new 6-seater Tesla Model Y L teased in a Tesla video released in August 2025.
Tesla Inc started accepting orders for its new Model Y L in China on Tuesday with a starting price of 339,000 yuan ($47,184), its website showed, as it refreshes its line-up in the world's largest auto market to battle growing competition.
Tesla first launched the Model Y in 2020 and it became the world's best-selling car in 2023. The ageing model lost some sales momentum last year, hurt by competition from local rivals in China such as Xiaomi's YU7, while in other markets demand for electric vehicles has weakened.
In January, Tesla launched a new version of the Model Y with a redesigned exterior and upgraded features in Asia Pacific markets and in July registered plans with Chinese authorities for the new Model Y L.
A longer-range, rear-wheel drive Model 3 is also coming to the Chinese market, according to filing information published on China's industry ministry website in July.
Elon Musk's Tesla registered an 8.4% fall in July sales of its China-made electric vehicles.
($1 = 7.1846 Chinese yuan)
(Reporting by Liz Lee, Shanghai newsroom and Brenda Goh; Editing by Himani Sarkar)
Articles
- Demand Builds for Affordable Chinese EVs Among American Carbuyers
- OpenAI Bumps Up Minimum Return to 17.5% in Competition with Anthropic for Private Equity
- China's Open-Source AI Dominates Global Downloads, Threatens US Leadership
- Alphabet's Wing to Begin Drone Deliveries in San Francisco Bay Area
- Strikes Paused on Major Points of Agreement with Iran
- ICE Agents Deployed to 14 Major Airports Amid Rising TSA Absences
- How Charles and Sara Liang Survived One Scandal After Another to Build a $20-Billion AI Giant
- SpaceX, Tesla to Build AI Chip Factories in Austin
- The Mensch Way for Don to Smooth Over His Iran Bad
- Elon Musk Offers to Pay TSA Salaries During Partial Shutdown
