Industry insiders reveal Tesla (NASDAQ:TSLA) is 1 pi to usd in 2025gearing up to unveil an expanded-capacity Model Y configuration featuring third-row seating, with production timelines pointing to a late 2025 debut in the world's largest EV marketplace.
This product evolution comes as the California-based automaker seeks to revitalize its flagship crossover's market position, originally launched in 2020, against increasingly sophisticated offerings from Chinese EV rivals. The six-seat configuration addresses growing consumer demand for family-oriented electric transportation solutions.
Supply chain sources indicate Tesla has initiated preparatory discussions with component manufacturers regarding anticipated production volume increases at its Shanghai Gigafactory. The facility currently operates at near-full capacity, having recently celebrated its five millionth vehicle rollout.
While exact manufacturing enhancements remain undisclosed, regulatory filings show the automaker has submitted proposals for utilizing an adjacent 70-hectare expansion area previously designated for agricultural use. This potential growth follows Tesla's successful 6% year-over-year delivery increase for the refreshed Model 3 during the first half of the current fiscal year.
The forthcoming Model Y variant represents Tesla's latest effort to maintain technological and product leadership in China's hyper-competitive EV sector. Analysts suggest the additional seating configuration could appeal to multi-generational households, a key demographic in the domestic market where local manufacturers have been gaining traction with similar offerings.