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Tesla Inc. (NASDAQ:TSLA) has reduced the delivery wait time for its Model Y in China to four-to-eight weeks, Reuters reported citing Tesla China website. Prior to this, Tesla had indicated a wait time of eight to 12 weeks for Model Y post placing the order, the report said.
The electric vehicle maker had recently announced the deliveries of Model Y in Australia and New Zealand.
Production Line Upgrade: Tesla has finished a major upgrade of its production lines at the Shanghai plant. The firm is ramping up weekly output to achieve 22,000 units of Model 3 and Model Y, according to Reuters.
Also Read: Alibaba, EV Stocks Fall, Tencent Bucks The Trend After Earnings Report: Hang Seng Index Today
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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