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Tesla Will Not Launch Refreshed Model Y This Year, Musk Says

Reuters06-09

June 8 (Reuters) - Tesla will not launch a refreshed Model Y this year, chief executive Elon Musk said in a post on social media X on Saturday.

"No Model Y 'refresh' is coming out this year", Musk said, adding that Tesla continuously improves its cars, "so even a car that is 6 months newer will be a little better."

Tesla has been slow to refresh its ageing models as high interest rates have sapped consumer appetite for big-ticket items, while rivals in China, the world's largest auto market, are rolling out cheaper models.

The carmaker's global vehicle deliveries fell in the first quarter for the first time in nearly four years.

Last year, Reuters reported that Tesla was readying a production revamp of Model Y with a target of starting production in 2024.

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Comment2

  • Guavaxf30
    ·06-09
    Elon Musk just keeps backtracking on whatever he promises. I will be very curious what he reveals on 8/8. Will it be another incredible promise which will be subsequently be reversed?
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  • NatMeg
    ·06-09
    Reuters is a waste of time 
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