Tesla introduces a more budget-friendly Model Y Long Range RWD at $44,990, aiming to attract more buyers and convert them into Full Self-Driving (FSD) subscribers.
Tesla offers 1 year of free FSD to non-Foundation Series Cybertruck owners, focusing on data collection and customer retention for autonomous features.
In the UK, Tesla's sales dropped by 62% in April 2025, with plans to launch a new Model Y tailored for the market to regain market share.
In China, Tesla faces declining sales for the seventh consecutive month, competing with BYD, but plans to introduce a lower-priced Model Y to improve market presence.
Tesla's strategic shift towards a subscription-based revenue model with FSD as the core product indicates a long-term focus on recurring subscriptions over traditional sales.