(Reuters) – Tesla won’t launch a refreshed Mannequin Y this yr, chief government Elon Musk mentioned in a publish on social media X on Saturday.
“No Mannequin Y ‘refresh’ is popping out this yr”, Musk mentioned, including that Tesla repeatedly improves its automobiles, “so even a automotive that’s 6 months newer shall be somewhat higher.”
Tesla has been gradual to refresh its ageing fashions as excessive rates of interest have sapped shopper urge for food for big-ticket gadgets, whereas rivals in China, the world’s largest auto market, are rolling out cheaper fashions.
The carmaker’s world car deliveries fell within the first quarter for the primary time in practically 4 years.
Final yr, Reuters reported that Tesla was readying a manufacturing revamp of Mannequin Y with a goal of beginning manufacturing in 2024.
(Reporting by Jahnavi Nidumolu in Bengaluru; Enhancing by Kim Coghill)
