Part 4/8:
Model Y Launches: Success in New Markets
The new Model Y has officially been launched in both Korea and Japan, where the vehicle has garnered substantial interest from consumers. Priced competitively—around $36,000 for the rear-wheel drive and $43,000 for the all-wheel drive—it was met with high demand, leading to a brief server outage during the order window due to overwhelming traffic.
Moreover, the Model Y continues to dominate sales in China, where recent sales figures reveal that it has become the bestselling battery electric vehicle by volume for the month of March—boasting 43,370 units sold. This sustained performance highlights the Model Y’s market strength and reaffirms Tesla's status in the electric vehicle landscape, especially in a competitive environment like China.