Tesla dropped the base model Model Y. The new Long Range RWD costs $2,000 more. Senior exec Tom Zhu is shifting from global to China duties.

Tesla has announced price adjustments for its Model 3 and Model Y electric vehicles in Malaysia, seeing reductions as much as RM8,000. The move follows

Tesla Model Y owners will have to pay more to get the full range of their car’s batteries. Elon Musk, on Friday, announced the company was in the midst of working through “regulatory approvals” to let people unlock additional range for the cars.

Tesla is not giving any ground on Model Y leases in May while keeping the price competitive, despite extending the range of its lowest-priced variant.

Tesla CEO Elon Musk posted on Friday that the Standard Range rear-wheel drive Model Y the company has been building and selling “over the last several months” actually has more range than the 260 miles they were sold with.

Tesla has recently disclosed plans to offer an upgrade that unlocks additional driving range for some owners of the Model Y. This upgrade, which involves a software update, comes with a price tag ranging from $1,

Tesla introduced one variant in the U.S. market, but in doing so also axed the model that was available at a lower sticker price.