Grace Tao highlighted that Tesla achieved a record-breaking 497,000 vehicle deliveries worldwide in the third quarter of 2025, marking the company’s highest quarterly total to date. This strong performance has set the foundation for an ambitious production schedule in the final quarter, with the Shanghai Gigafactory playing a central role in meeting demand.
On October 8, 2025, Tesla launched new entry-level versions of its Model 3 and Model Y for international markets. Priced at $36,990, the Model 3 Standard, and $39,990, the Model Y Standard, are designed to broaden Tesla’s market reach amid growing global competition. These models are positioned below their higher-spec counterparts, offering more affordable options for consumers.
The Model Y Standard features several cost-saving modifications, including the removal of full-width front and rear light bars, standard 18-inch wheels, and a simplified color palette of black, white, and gray. The interior combines eco-leather and fabric seats, omitting features like ventilated front seats, heated rear seats, and the 8-inch rear touchscreen. The steering wheel is manually adjustable, and the panoramic glass roof now includes an insulated liner for improved cabin comfort. Equipped with a single rear-mounted motor producing 300 horsepower, the Model Y Standard accelerates from 0 to 100 km/h in 6.8 seconds, compared to 5.4 seconds for the Long Range version.
These strategic adjustments reflect Tesla’s efforts to balance affordability with performance while maintaining its commitment to quality and innovation. The Shanghai Gigafactory’s ramped-up production underscores Tesla’s focus on meeting rising demand in the Asia-Pacific region, leveraging its advanced manufacturing capabilities to deliver vehicles efficiently. By introducing cost-effective models and optimizing production, Tesla is well-positioned to strengthen its presence in the competitive global electric vehicle market.
