The price of the Model Y in the US has been cut as competition from China increases

Tesla reportedly prepping factory in Shanghai, China, for updated Model Y SUV. Tesla reportedly planning to produce updated version of its popular Model Y from China plant. Model Y is expected to be a new version of the Model X SUV, according to a report. Tesla is prepping its factory in China for the revamped EV.

Tesla rolls out upgraded Model 3 in North American markets. The latest iteration of the all-electric Model 3 sedan received upgrades on both the outside and inside, Tesla says. Elon Musk-run Tesla said Tuesday night that the upgrades were made on both inside and outside of the vehicle.

Tesla cuts Model Y prices in US to boost sales as competition from China heats up. Tesla announced temporary prices cuts for certain Model Y variants sold in the U.S. through the end of February. The EV giant looks to boost its Model Y sales in a challenging market.

Tesla raises prices of some Model Y vehicles by $1,000 each after temporarily cutting prices. Elon Musk's Tesla raised prices for some of its Model Y cars. The rear-wheel drive and long-range variants had been temporarily cut prices. Tesla raised the prices of the vehicles in the US on Friday.