Part 3/15:
The new Model Y, expected to launch around 2026, will largely resemble the current model in terms of battery and chassis but will be smaller and more cost-effective to produce—aiming for at least a 20% reduction in manufacturing costs. The lower-priced Model 3, previously launched in Mexico with cloth seats to cut costs, hints that Tesla may adopt similar stripping-down strategies for the Chinese market.
Interestingly, the new Model Y will be built utilizing existing Shanghai production lines, emphasizing cost efficiency and rapid deployment. The focus appears to be on expanding affordability, potentially broadening Tesla’s market reach without significantly altering vehicle size or features.