| Updated: 24-01-2025 17:04 IST | Created: 24-01-2025 17:04 IST This image is AI-generated and does not depict any real-life event or location. It is a fictional representation created for illustrative purposes only. SHARE Tesla has unveiled a redesigned Model Y, initially launched in China, now available in the U.S., Canada, and Europe. This move comes as part of their strategy to augment sales by targeting a broader customer base. The Model Y 'Launch Series', priced at $59,990 in the U.S., is a premium offering with enhanced features and a slight range increase to 320 miles. It incorporates Tesla's Full Self-Driving system, which is an $8,000 option on other models. As Tesla gears up for its fourth-quarter results announcement, it underscores its strategy with inventory discounts on older Model Y versions and echoes its previous move with a refreshed Model 3 release. (With inputs from agencies.)