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Tesla ( said
. This decision comes as part of Tesla's (TSLA) strategy to enhance the appeal of its Model Y, which has been a best-selling vehicle across all power types in China, with sales of 207,800 units recorded from January to June 2024.
A five-seat version of Model Y is anticipated to debut in early 2025, delayed from its original schedule.
Tesla (TSLA) expects China sales to see a boost in Q3, especially from the rollout of its Full Self-Driving by year-end.
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