Tesla Inc. plans to suspend part of the lines manufacturing its recently refreshed Model Y sport utility vehicle in Shanghai for around three weeks over Chinese New Year so it can better optimize equipment,

The outgoing Model Y was the best-selling new car in China last year, but globally, Tesla barely edged out BYD as the number one EV brand

Tesla on Friday launched a revamped version of its Model Y car in China, its best selling yet aging model, with a starting price of 263,500 yuan ($35,938). The revamped version includes a Model Y variant of with a longer driving range of 719 km (447 miles) per charge,

Tesla is now advertising up to $1,600 off new Cybertrucks, with buyers also able to pick up demo versions of the pickup at a $2,600 discount.