The Model Y L, which adds new features including a rear row of foldable seats and powered armrests, went on sale for $47,200 in China on Tuesday. Its launch comes as Tesla battles fierce competition from local EV players like BYD, Xiaomi, and Xpeng. Electric vehicle adoption in China is far higher than in the US, and Chinese companies have rapidly taken market share with a wave of affordable electric models packed with high-tech features, including autonomous driving and voice controls.
Friedman describes his ideal television advertising campaign, an em dash-laden riff on Donald Trump's anti-trans ad campaign from 2024. He writes: "Trump is for he/him - his grievances, his revenge, his corruption - and for bringing old stuff back 'again,' like coal and gasoline cars. Waymo Democrats are for 'We the People' and reinventing American industry anew."