Out comes Tesla CEO Musk from the factory floor to one of more glitzy conferences of the year.
Tesla has adjusted its model lineup in a bid to boost sales of its most popular vehicle. The new version is more attractive than the old—and looks like a good deal—while tax credits continue to skew value in the U.S. electric-vehicle market. Over the weekend, Tesla added a long-range rear-wheel drive Model Y to its website that gets about 320 miles of range per charge.
Tesla dropped the base model Model Y. The new Long Range RWD costs $2,000 more. Senior exec Tom Zhu is shifting from global to China duties.