Tesla cuts delivery waiting time for all model 3, model Y cars

Reuters

Published Nov 15, 2022 08:33AM ET

Updated Nov 15, 2022 08:51AM ET

BEIJING (Reuters) -Tesla has cut the delivery waiting time for all Model 3 and Model Y vehicles to a minimum of one week, it said on its website on Tuesday.

The U.S. automaker added to its electric vehicle inventory in Shanghai at its fastest pace ever in October, data from China Merchants Bank International (CMBI) showed, at a time when automakers and investors are bracing for a downturn in the world’s largest car market.