Tesla has kicked off the production of its new Model Y, successor to the best-selling Model Y classic. The classic Model Y was the world's best-selling car by volume in 2023 and 2024, and the new version features significant updates, including a revamped exterior and fully redone interior. Production has started at Gigafactory Shanghai with anticipated deliveries later this month, while Giga Berlin has also begun production. The demand in China is high, after the classic Model Y sold over 480,000 units in 2024, representing a large portion of Tesla's sales there.
The successful transition to the new Model Y has begun with production already underway at Tesla's factories in Shanghai and Berlin, indicating strong market demand.
With the completion of full regulatory processes in China, expectations are high for the new Model Y, especially given the classic's outstanding sales performance last year.
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