The Tesla Model Y L. Credit: Tesla Understand China EV’s Market Real-time notifications when critical EV data is released All important data in one place 2,000,000+ data points Become a member The Tesla Model Y L electric crossover with six seats inside was launched in the US and appeared to be 12,060 USD more expensive than in China. This difference marks a gap between the company’s production and supply chain costs as well as the financing programs in two countries. The Tesla Model Y L was initially launched in China as an answer to the growing demand for three-row electric SUVs in the Middle Kingdom. The elongated variant of the world’s bestselling EV offers a three-row interior with a 2+2+2 layout. Dimensions of the Model Y L are 4976/1920/1668 mm with a wheelbase of 3,040 mm. For clarity, it is 179 mm longer than the standard Model Y. The Tesla Model Y L’s mass production kicked off at the Gigafactory Shanghai. This model didn’t stay as China’s exclusive car for a long time. The China-made Model Y L entered Australia, successfully earning five stars in the ANCAP crash test. Recently, the Model Y L became available for purchase in the US. It is produced at the Gigafactory Texas in Austin. With this launch, Tesla tries to boost local sales after the removal of a federal tax credit in 2025. The Tesla Model Y L is available in the US in a single trim level called Premium All-Wheel Drive. It comes standard with two electric motors with a combined peak power of 331 kW (444 hp). The car speeds up to 100 km/h in 4.4 seconds and runs up to 523 km under EPA conditions, thanks to an 82 kWh ternary NMC pack. This model costs 61,990 USD. It is also available with a financing plan with an annual percentage rate of 5.64% with a length of loan of up to 72 months (up to 84 months with 6.57% APR). The Giga Shanghai-made Tesla Model Y L costs 339,000 yuan (49,930 USD) in China. It is also available for purchase with a single AWD trim with similar specs. Moreover, it is available with a low-interest purchase plan for up to 5 years with 1.7% APR. It is worth noting that Tesla China was one of the first automakers in the Middle Kingdom to introduce low-interest financing programs to the market in response to the gradual phasing out of governmental subsidies. According to China EV DataTracker, Tesla delivered 186,035 units in China, down 7.9% Year-Over-Year.