By Sherry Qin


Tesla extended the delivery time for the Model Y Long Range to between six and eight weeks, according to Tesla China's website on Monday.

Delivery time in China for two other versions of Model Y, Rear Wheel Drive and Performance, remains between two and six weeks.

Last Friday, the electric-vehicle maker unveiled an updated and China-made Model 3 with a longer range and higher price tag. It was the first time that Tesla introduced a new model in China ahead of the U.S.

Meanwhile, the electric-vehicle maker further slashed prices for its Model S and Model X cars in China last Friday. That came just two weeks after lowering the premium vehicles' prices in a bid to clear inventory and boost sales in the world's largest EV market amid intensifying price competition.

Tesla shares were down 5.1% at $245.01 at their previous close.


Write to Sherry Qin at


(END) Dow Jones Newswires

September 04, 2023 02:11 ET (06:11 GMT)

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