Tesla is making a major push for Chinese market share

Tesla is shaking up the competition once again with the release of its new Model Y in China for a lower-than-expected price that’s reportedly causing a run of advance orders. On the first day of 2021, the company announced the official launch of the Model Y SUV at its expanded Shanghai factory and began taking orders from customers with the deliveries to start in late February. Prices start at $52,074, not counting a government subsidy for prospective buyers, representing a 30-percent discount to prices for the car listed six months earlier. According to local media, the start...