Tesla launches new Mannequin Y in US, Canada, Europe weeks after China

(Reuters) -Elon Musk’s Tesla (NASDAQ:TSLA) launched a brand new higher-priced model of the Mannequin Y, its best-selling automobile, in the USA, Canada and Europe on Thursday, weeks after it was first launched in China.

The brand new Mannequin Y, an extended vary all-wheel drive variant, will value $59,990 within the U.S., based on the electrical car maker’s U.S. web site, 25% increased than its predecessor which prices $47,990.

The brand new variant comes geared up with the supervised full self-driving software program, which is an elective addition in earlier Mannequin Y vehicles for $8,000.

Tesla will start deliveries of the brand new automobile in March.

With the launch, Tesla now lists 4 variations of the Mannequin Y within the U.S., with the brand new automobile costing essentially the most, and even increased than the efficiency variant.

The brand new variant additionally has redesigned exteriors, upgraded options inside and a barely prolonged vary of 320 miles (515 km), based on Tesla.

Tesla first launched the Mannequin Y in 2020 and it grew to become the world’s best-selling automobile in 2023. The ageing mannequin misplaced some gross sales momentum final 12 months, harm by competitors from rivals in China, whereas in different markets demand for electrical automobiles has weakened.