News
Edmunds readies for Tesla Model Y long term review, build quality in focus
One of the most recent recipients of the new all-electric Tesla Model Y Performance configuration was online automotive resource company Edmunds, who are preparing for a long term review of the electric crossover.
Edmunds’ Carlos Lago reviewed the vehicle on his own as the current COVID-19 virus continues to encourage people to keep their distance. While the virus stopped Edmund’s possibility of picking up the car at a Tesla store, it allowed the company to review not only the car and its impressive performance but also experience the electric automaker’s “touchless” approach to delivering the Model Y to consumers.
In focus will be Tesla Model Y’s build quality and long-term durability when used in an everyday setting. Unlike other media companies that are given press vehicles by automakers for review, Edmunds purchases their vehicles to conduct a real-world review. “A Tesla Model Y is now in our fleet, and that’s where our diverse range of staff and editors use the car just like you would. Commute it, take it to work, run errands with it, and so on, and so forth,” says Lago.
Edmunds’s long history with Tesla, having drawn the ire and applause of community supporters, sets the stage for nothing short of an interesting long term review to come.
For now, Edmunds’ initial impression of the Model Y in utility and performance is similar to the many early reviews we’ve seen from first customers.
It’s no secret that the Tesla Model Y’s shape is similar to the Model 3’s, and has an overall size that is comparable to the Model X. However, Lago suggests the Model Y’s shape is similar to what he calls the “coupe-style design” that has been adopted by German automakers for its SUVs.
The roominess of the Model Y is a clear distinction to its Model 3 sibling, notes Edmunds. With the expansive glass roof design and rear hatch design, Edmunds takes note of Model Y’s spaciousness. “Altogether, the space is really the highlight,” Lago explains.
The large cargo space helped by the automatic fold-down rear seats was recently highlighted by Brian Jenkins of i1Tesla, who camped in the back of his Model Y with a Tesla compatible air mattress.
The Model Y handles impressively. Led by the placement of its heavy and durable battery pack, the lithium-ion cells located underneath the car provide a lower center of gravity. Along with a revised suspension system, which Sandy Munro has said makes the car feel like its “on rails,” the Model Y’s handling seems to be second-to-none. “It gives the vehicle a tightness and responsiveness that’s engaging, that’s really fun to drive,” Lago says. “You can feel that difference in every Tesla product.”
Additionally, the Model Y’s Performance variant offered speed and acceleration that Lago was impressed with. Edmunds purchased the optional Performance Upgrade for its new Tesla, which includes an additional 10 MPH of top speed, 21″ Überturbine Wheels, performance brakes, a lowered suspension, and aluminum alloy pedals. Each of these contributed to a driving experience that Lago enjoyed, which he seems to suggest is expected when driving a Tesla.
The Model Y has been expected to be Tesla’s most popular vehicle yet. Its impressive performance combined with 316-mile EPA estimated range, a fresh cosmetic design, and a spacious interior all contribute to this theory. As Tesla has broken into the compact, midsize SUV market, many people expect the Model Y to disrupt the sector, which has established itself as one of the most popular body styles in the world. With Edmunds giving an honest review that came off as positive, it will be no surprise if the Model Y ends up being Tesla’s biggest seller yet.
Watch Edmunds’ Carlos Lago highlight the Tesla Model Y Performance in their lead up to an upcoming long term review.
News
Tesla China extends its 7-year financing promotion once more
The move marks Tesla’s second extension of the program this year.
Tesla has extended its seven-year ultra-low-interest and five-year interest-free financing programs in China once more, pushing the offers through March 31, the end of the first quarter.
The move marks Tesla’s second extension of the program this year. The financing plan was first introduced on January 6 as a strategy aimed at offsetting higher ownership costs ahead of China’s planned 5% NEV purchase tax in 2026.
The original promotion was set to expire at the end of January but was extended to the end of February. This has now been extended again through March.
The repeated extensions reflect growing competitive pressure. Tesla’s 2025 retail sales in China totaled 625,698 units, representing a 4.78% year-on-year decline, as per data compiled by CNEV Post. That being said, this decline is partly caused by the Model Y’s changeover to its new variant in Q1 2025, which resulted in lower sales during the quarter.
In early 2026, the Model Y also lost its position as China’s top-selling EV in January to Xiaomi’s YU7, though this was also a month when Tesla primarily exported vehicles to foreign territories, which pushed local delivery numbers lower.
During January 2026, Tesla China exported 50,644 vehicles, roughly 1.7 times higher than the same month a year ago and more than 15 times higher than December’s level.
Tesla’s financing push has not gone unanswered. BYD this week introduced its own seven-year low-interest plan across its Ocean lineup and Fang Cheng Bao sub-brand, also valid through March 31. Other competitors including NIO, XPeng, Li Auto, and Geely Auto have already rolled out extended-term loan programs as well.
News
Tesla China focuses on local deliveries as Q1 enters final month
Tesla’s estimated delivery times for all variants of the Model 3 and Model Y in China were listed at just one to three weeks.
Tesla’s delivery wait times in China have dropped to some of their shortest levels in years, an apparent hint that Giga Shanghai has largely cleared its order backlog and currently has strong production capacity.
As of February 26, estimated delivery times for all variants of the Model 3 and Model Y in China were listed at just one to three weeks, as per observations of Tesla China’s official webpages by CNEV Post.
That marks a notable shift from the several-week or even two-month waits seen late last year.
The one-to-three-week delivery window suggests that Giga Shanghai is likely focusing on the local market, at least for now as the company enters the final month of the first quarter. Tesla China typically spends the first half of the quarter catering to markets that import vehicles from Giga Shanghai.
Historically, when Tesla’s wait times in China compress to their shortest levels, the company often follows with fresh market actions.
In past cycles, shortened delivery timelines were followed by promotional activity. After delivery windows narrowed to one to three weeks in early 2024, for example, Tesla later introduced an RMB 10,000 instant discount on Model Y final payments that year.
To spur local demand, Tesla recently extended its seven-year ultra-low-interest and five-year interest-free financing offers through March 31. This marks the second extension of the policy this year.
So far, posts from the Tesla community suggest that interest in the company’s vehicles among consumers in China is still strong. Videos of busy delivery centers across China have been shared on social media.
China’s competitive EV landscape has evolved as of late. With regulators discouraging aggressive price wars, automakers are increasingly leaning on financing incentives instead of direct price cuts. Major players including BYD, NIO, XPeng, and Li Auto have introduced similar loan extensions and promotional financing packages.
Elon Musk
Elon Musk’s The Boring Company closes Tunnel Vision Challenge
The Tunnel Vision Challenge invited individuals, companies, and governments to propose a tunnel project up to one mile long.
Elon Musk’s The Boring Company has officially closed submissions for its Tunnel Vision Challenge, confirming that a total of 487 entries were received before the deadline.
In a post on X, the company wrote, “Tunnel Vision Challenge is closed! 487 entries received – TBC team is excited to go through them all!” The company added that “We will select the top ~15 in the next week, and reach out with follow-up questions,” and that an “overall winner will be announced on March 23.”
The Tunnel Vision Challenge invited individuals, companies, and governments to propose a tunnel project up to one mile long with a 12-foot inner diameter. The winning entry will have its tunnel constructed free of charge.
Submissions could range from Loop passenger tunnels to freight, pedestrian, utility, or water tunnels. The only requirement was that the project clearly demonstrate how tunneling would meaningfully improve transportation or infrastructure between two points.
Just days before the deadline, the company provided an interim update noting that 407 entries had already been received. “Update on the Tunnel Vision Challenge – 1 mile of free tunnel! With 3 days left to submit, 407 entries have been received. Great to see enthusiasm for tunnels!” The Boring Company wrote at the time on X. By the close of submissions, the total had grown closer to 500 entries, hinting at strong interest in underground transportation solutions.
Entries are being evaluated on usefulness, stakeholder engagement, and technical, economic, and regulatory feasibility. Applicants were required to quantify projected benefits, such as time saved per rider or cost savings per shipment, and provide maps showing proposed alignments and other details. Submissions that included geotechnical or subsurface data are expected to receive additional consideration.
The Boring Company will fund the tunnel’s construction itself, though related infrastructure costs may be discussed with the winning team. The company also retains discretion to modify or cancel the challenge.
Tesla China extends its 7-year financing promotion once more
Tesla China focuses on local deliveries as Q1 enters final month
