

News
Tesla China’s base Model Y to start at $41K and see an output of 360K/year: report
Recent estimates from securities firm Tianfeng Securities are pointing at something quite remarkable for Tesla’s ongoing ramp in China. As noted by the firm in a recently-released research report, Tesla’s strategy of passing its cost savings to customers could result in the Made-in-China Model Y starting at a very reasonable price of CN¥275,000 (about $41,000).
If Tianfeng’s estimates prove accurate, the Made-in-China Model Y would be priced just about 9% higher than the locally-produced Model 3, whose Standard Range Plus variant now starts at CN¥249,900 (about $36,800). Together, the two vehicles have the potential to disrupt China’s electric vehicle market, which is starting to recover following the adverse effects of the pandemic and the previous year’s adjustments to the country’s EV incentive program.
At around CN¥275,000, the base Model Y in China will be aggressively priced. The all-electric crossover would be more affordable than the locally-made Model 3 Long Range RWD variant, which currently sells for CN¥309,000 (about $45,600). It’s also going to be far more affordable than the base price of the US-made Model Y, which currently starts at $49,990 today for the Dual Motor All-Wheel Drive version.
Apart from its insights about the Made-in-China Model Y’s starting price, the securities firm further estimated that the production rate of the all-electric crossover at Gigafactory Shanghai could be as high as 360,000 units per year, or about 30,000 per month. Such a target is quite optimistic, though it does seem to be plausible considering that the Model Y utilizes large casted parts, allowing the company to optimize the efficiency of the vehicle’s production.
Tesla China is becoming an increasingly pivotal part of the electric car maker’s business, and this is represented by the rapid ramp of Gigafactory Shanghai this year. Since starting the mass production of the Model 3 in January, the massive facility has allowed Tesla to become one of China’s most formidable electric car companies. Over the first eight months of the year, Tesla China has reportedly produced 69,514 domestically-built Model 3s, and that’s with the facility mostly operating on only two shifts.
The Made-in-China Model Y has the potential to be even more successful than its sedan sibling, especially considering that the vehicle competes in the popular and growing crossover market. If the locally-made Model Y’s pricing turns out to be as aggressive as Tianfeng’s estimates, then even local EV makers in China, whose vehicles typically undercut Tesla’s, would be wise to watch their backs.
News
Xiaomi CEO congratulates Tesla on first FSD delivery: “We have to continue learning!”
Xiaomi has become one of Tesla’s strongest rivals in China.

Just days after unveiling the Xiaomi YU7, a vehicle that is considered as the Model Y’s strongest competitor yet, Xiaomi CEO Lei Jun gave a nod of respect to Tesla and its Full Self-Driving (FSD) program.
In a post on Weibo, Lei Jun highlighted the remarkable nature of Tesla’s first autonomous delivery. He also acknowledged that Xiaomi still has much to learn in the electric vehicle industry.
Xiaomi CEO’s Nod of Respect
Lei Jun’s comments about Tesla’s FSD delivery were shared as a response to Tesla VP Grace Tao’s post about the recent feat. The Tesla VP shared several key aspects of the delivery, from the fact that there was no driver in the Model Y to the vehicle reaching over 70 mph as it drove to its owner.
“For the first time in history, the vehicle was delivered to the owner by itself. There was no driver or remote control throughout the journey, and the maximum speed reached 115 kilometers per hour, and it arrived safely at the customer’s door. This is a brand new Model Y. Tesla always surpasses imagination with disruptive innovation. A new era, exciting!” Tao wrote in her post.
In his response, the Xiaomi CEO acknowledged Tesla’s incredible feat. “Tesla is indeed amazing, leading the industry trends in many areas, especially FSD. We still have to continue learning!” he wrote.


Xiaomi’s Recent Tesla Competitor
The Xiaomi CEO’s comments show that Tesla’s projects and leadership garner a lot of respect in the global electric vehicle sector. While Tesla and Elon Musk tend to be media punching bags in the United States and Europe, the company and its CEO seem to be taken very seriously in China. This was despite China being the world’s most competitive electric vehicle market.
Xiaomi itself has become one of Tesla’s strongest rivals in China, with its first car, the SU7, bringing the fight to the Tesla Model 3. Its most recent vehicle, the YU7, could very well be the Model Y’s most legitimate rival yet, as it is more affordable, bigger, and more feature-laden than Tesla’s best-selling crossover. The YU7 has garnered quite a lot of attention, with Xiaomi receiving 200,000 firm orders for the vehicle within the first three minutes of its launch.
News
Tesla silences FSD critics by posting full video of Model Y delivering itself to customer
When Elon Musk posted that the first Tesla had delivered itself to its owner, critics were quick to question his statement.

It is no secret that Tesla still has ardent critics today, many of whom remain convinced that the company and its leadership are lying about Full Self-Driving (FSD) and its capabilities. It was then no surprise that when Elon Musk announced that the first Tesla had successfully delivered itself to its owner, critics were quick to question the CEO’s statement.
Videos of the all-electric crossover’s solo drive to its owner soon silenced Tesla critics and their claims.
Tesla Posts FSD Video Proof—Twice
While Musk’s post on X about a Tesla delivering itself to a consumer was a notable update, his claims were not accompanied by any video. This was taken by some Tesla critics as a hint that the CEO’s claims were false, and that the feat probably did not happen. Musk, for his part, noted that Tesla would soon be posting a video of the self-driving car’s drive to its owner.
The electric vehicle community did not have to wait very long. Tesla later posted a video of its first autonomous vehicle delivery ever on X, much to the shock of social media users. As could be seen in the video, a Tesla Model Y was able to travel about 30 minutes on its own, from the end of Giga Texas’ production line to the home of its owner, several miles away. Tesla even posted the vehicle’s full 30-minute drive on its official X account later on.
Critics Are Still Skeptical, But It’s Cope at this Point
Of course, Tesla skeptics remained unconvinced that the feat was legitimate, with some pointing out that the Model Y customer seems to have had an X account for years but never posted, at least until his car was delivered. Others also claimed that the whole setup seemed suspicious since the Model Y looked like it had manufacturer plates as it navigated Austin’s streets.
These concerns, however, do not seem like very strong arguments, especially at this point. Based on the evidence, it seems like Tesla really has figured out autonomous driving, and its cars are now able to operate safely on real-world roads on their own. Many have also become silent in their criticisms of Tesla’s FSD feat, especially after the company posted the full video of the Model Y’s autonomous drive. Overall, Tesla critics may remain doubtful about the company and Musk’s claims, but these concerns seem to have become forced at best.
News
Ford CEO favors Waymo’s LiDAR approach over Tesla’s vision-only self-driving
Farley stated that Waymo’s LiDAR-based approach made “more sense.”

Ford CEO Jim Farley shared some skepticism about Tesla’s camera-only approach to self-driving during a recent appearance at the Aspen Ideas Festival. When asked to compare Waymo and Tesla’s autonomous driving systems, Farley stated that Waymo’s LiDAR-based approach made “more sense,” citing safety, consumer trust, and the limitations of camera-based models.
Waymo’s LiDAR vs. Tesla’s Vision-Only Approach
Farley was speaking with author Walter Isaacson when he made his comments about Tesla and Waymo’s self-driving systems. As they were conversing about autonomous cars, Isaacson asked Farley which approach to self-driving he preferred.
“To us, Waymo,” Farley said, though he also stated that both Tesla and Waymo have “ made a lot of of progress” on self-driving, as noted in a Fortune report. He also confirmed that he has had conversations about the matter with Tesla CEO Elon Musk. Despite this, he said that Ford still considers LiDAR as a pivotal part of autonomous driving.
“When you have a brand like Ford, when there’s a new technology, you have to be really careful. We really believe that LiDAR is mission critical… Where the camera will be completely blinded, the LiDAR system will see exactly what’s in front of you,” the Ford CEO stated.
Tesla and Ford’s self-driving plans
Tesla recently launched a limited Robotaxi service in Austin, which uses autonomous cars with safety monitors in the front passenger seat. While controversial, Musk has maintained that Tesla’s vision-only approach will ultimately prove safer and more cost-effective in the long term. Tesla seems to be making headway towards this goal, with Musk stating recently that the first Model Y has been delivered autonomously to a customer in Austin.
Ford, for his part, is not pursuing its own fully autonomous, urban-driving system anymore. Instead, the company is focusing on “high-speed, eyes-off” experiences like BlueCruise. Ford does plan to partner with a company that has achieved true autonomous driving in the future, as soon as the technology is available.
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