Successful model before change: Due to difficult competition: According to a media report, Tesla is planning to revise the Model Y

The Tesla Model Y has only been on the market for a few years, but according to a Reuters report it will soon be revised.

Successful model before change: Due to difficult competition: According to a media report, Tesla is planning to revise the Model Y

The Tesla Model Y has only been on the market for a few years, but according to a Reuters report it will soon be revised. The international news agency cites several people who are said to be familiar with the project. Accordingly, the crossover, which was first delivered to customers in 2020, will receive changes from the outside as well as from the inside. Internally, the codename is "Juniper".

Production of the revised version is scheduled to start in October 2024. Tesla would thus bring new versions of its successful model onto the market in the next few years - as another vehicle in the fierce competition in the USA, but above all in the world's most important car market, China. Only recently did Tesla significantly reduce its vehicle prices, thereby triggering additional competition. Here you can read more about it.

Nevertheless, the US company is facing increasing competitive pressure in China. According to analysts, this is due to the fact that the electric car manufacturer lags behind its competitors in terms of navigation and interior design, among other things.

Tesla did not respond to a Reuters request for comment on the revision plans. However, CEO Elon Musk plans to unveil his "Master Plan 3" at Tesla's Investor Day at the Gigafactory in Texas this Wednesday. There his company will announce details of the next-generation vehicle platforms. According to Musk, half of the costs should be saved.

According to the media report, Tesla also wants to revise its Model 3. Accordingly, the electric car manufacturer is already converting its assembly plant in Shanghai in order to produce a revised version of the mid-size sedan from September. The project will be codenamed "Highland" and will bring changes to the vehicle design and powertrain. According to people familiar with the project, the facelifted Model 3 aims to reduce production costs. At the same time, Tesla hopes to increase the attractiveness of the vehicle. Eventually, an overhaul of the Model Y is likely to result in production and delivery changes for the electric car, which is currently manufactured in the US, China and Germany.

Sources: Reuters

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