Are you eagerly awaiting the launch of a refreshed Model Y from Tesla? Well, we hate to break it to you, but CEO Elon Musk has confirmed that there will be no Model Y ‘refresh’ this year. Musk took to social media on Saturday to deliver the news, stating that while a new version isn’t on the horizon, Tesla is constantly improving its vehicles. In Musk’s words, “even a car that is 6 months newer will be a little better.”
Despite the absence of a Model Y refresh this year, Tesla remains committed to enhancing its cars. The carmaker has been sluggish in updating its aging models, with consumer interest waning due to high interest rates. Meanwhile, Tesla faces stiff competition in China, the world’s largest auto market, where rivals are introducing more budget-friendly models.
Speaking of global markets, Tesla experienced a decline in vehicle deliveries in the first quarter, marking the first drop in nearly four years. This setback comes as the company works towards revamping its Model Y production, with plans to kick off production in 2024.
If you’re yearning for a revamped Model Y, it seems you’ll have to hold out a bit longer. In the meantime, keep an eye out for any updates from Tesla as they continue to innovate and push the boundaries of electric vehicles.
