TESLA REVEALS MODEL 3 PLUS AND MODEL YL IN CHINA AS PRICE WAR HEATS UP

Summary from the TLDR newsletter

Tesla has applied for a new sales license with China's Ministry of Information Technology for a longer-range Model 3 Plus sedan. It has also applied for a license for the Model YL, a longer version of the electric SUV with three rows of seats. The new Model 3 Plus features a single motor on the rear axle and an LG-supplied NMC (nickel cobalt manganese) battery. It is expected to have a longer range than the other versions of the electric sedan. The Model YL, which will be available in China this fall, has six seats and is 7 inches longer and over an inch taller than the current Model Y.