Sumary of Exclusive-Tesla readies revamped Model 3 with project ‘Highland’ -sources:
- Sales for the Model 3 in China fell 9 per cent in the first ten months from a year earlier, while BYDs Qin and Han electric sedans outsold the Model 3, according to China Passenger vehicle Association.
- We eliminated so many parts from a vehicle that did nothing, Musk said in an interview at a baron Funds conference earlier in the month.
- The previously unreported redesign comes as the electric sedan faces increased competition from models from the likes of Chinas BYD, Hyundai and coming releases from other major automakers.
- Tesla is developing a revamped model of Model 3, according to four people with knowledge of the effort, as the top EV maker aims to cut production costs and boost the appeal of the five-year-old electric sedan.