Tesla Model Y L launched in China
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CEO Elon Musk said its new Model Y variant, launched in China, may never enter production domestically, citing the rise of self-driving vehicles.
Tesla is quietly walking back one of the more polarizing changes it introduced with the updated Model 3 Highland.
China is one of the largest EV markets in the world and an important market for Tesla. Competition is increasing and a smartphone company is the latest to challenge Tesla.
Hangzhou-based Unitree, seen as a competitor to Tesla's Optimus, won multiple medals. Beijing-based X-Humanoid and Hong Kong-listed Shenzhen firm UBTECH also impressed. The Chinese government has targeted humanoid robots as a key future industry for the economy and Beijing has plans to build a world-class industry of humanoid robots by 2027.
Tesla China has priced its six-seat Model Y variant about 30 per cent higher than its basic edition and has started accepting orders from customers who prefer spacious, long-range electric vehicles (EVs) for family use.
Tesla is shipping the Model 3 in China with a turn signal stalk while also offering it as a retrofit to owners who have already taken delivery of their vehicles