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Tesla has launched the Model Y Long Range with a six-seat configuration, starting at a price of $47,000. This new variant aims to cater to families needing extra seating without compromising on Tesla's electric performance and technology.
Tesla is facing increased competition in China, leading to a price war as it prepares to launch the more affordable Model 3 Plus alongside the Model Y. This move is seen as a strategic response to rival manufacturers slashing prices to attract consumers in the growing electric vehicle market.