TSMC Set to Post Record Q4 Profit as AI Chip Demand Accelerates 
AFT Leaves X Over AI-Generated Images of Minors 
U.S. Stock Futures Slip as Year-End Trading Turns Cautious 
China’s AI Models Narrow the Gap With the West, Says Google DeepMind CEO 
South Korea Seeks Favorable U.S. Tariff Terms on Memory Chip Imports 
Asian Currencies Trade Flat as Dollar Weakens in Thin New Year Trading 
California Attorney General Orders xAI to Halt Illegal Grok Deepfake Imagery 
Oil Prices Slide in 2025 as Oversupply and Geopolitical Risks Shape Market Outlook 
U.S. Stocks Slip as Gold Rebounds Ahead of Year-End, Markets Eye 2026 Outlook 
Global DRAM Chip Shortage Puts Automakers Under New Cost and Supply Pressure 
Asian Markets End Year on AI Optimism as Precious Metals and Currencies Shine 
Brazil Supreme Court Orders Asset Freeze of Nelson Tanure Amid Banco Master Investigation 
TikTok Expands AI Age-Detection Technology Across Europe Amid Rising Regulatory Pressure 
U.S. Dollar Starts 2026 Weak as Yen, Euro and Sterling Hold Firm Amid Rate Cut Expectations 
U.S. Lawmakers Raise Alarm Over Trump Approval of Nvidia AI Chip Sales to China 
Alphabet Stock Poised for Growth as Bank of America Sees Strong AI Momentum Into 2026 
Asian Markets Slip as Precious Metals Cool, Geopolitical Tensions Weigh on Sentiment 
Tesla rolled out the new version of its Model Y electric car in China on Sunday, Oct. 1. It is new because of the upgrade that made minor changes to the EV's interior and exterior parts.
As per Reuters, Tesla's overhauled Model 3 electric car will offer a longer driving range. It was added that these EVs were manufactured at the EV maker's production plant in Shanghai. Another very noticeable change made through the upgrade is the new wheel design.
The Revamped Model Y Price
Although Tesla upgraded its Model Y by adding new features and making it more stylish, it was revealed that the company did not increase its selling price in China. Its starting price in the region is 263,900 yuan or about $36,146, which will be intact despite the improvements.
The Verge reported that the price for the long-range version remained at 299,900 yuan or $42,000, while the high-performance unit is selling at 349,900 yuan or around $49,000.
Tesla announced the release of its overhauled Model Y in China via WeChat social media. The announcement comes after the company unveiled its revamped "Highland" Model 3, which will be launched in Europe early last month.
Features to Expect in the Upgraded Model Y
Tesla's entry-level Tesla Model Y previously ran at 0-62 miles per hour, timed at 6.9 seconds, while it can now run at 5.9 seconds, which means it is quicker now. There are also changes in battery output and software.
For the interior, the Tesla Model Y has an RGB ambient light on the dash. The dashboard is also made with new textile material, which replaced the wood trim. Meanwhile, owners of this EV brand may expect a more notable, bigger update at some point next year.
Photo by: Charlie Deets/Unsplash
