Tesla sales have been in a massive worldwide slump, including in China, where local EV companies have gained significant ground on the American automaker. Tesla releases refreshed Model Y in China, preps cheaper version for future: 'You will know after trying it' first appeared on The Cool Down.

The stripped-down SUV is aimed at recovering market share from Chinese makers offering less-expensive models.

It’s a case of "Whatever you can do, I can do better," as Honda comes for the Tesla Model Y with its own electric SUV, the S7. Honda claims that the S7, its first-ever premium electric SUV, will break new ground thanks to exceptional comfort,