As we’re patiently ready for large bulletins on Tesla’s 2023 Investor Day, a brand new report offers us data on an upcoming replace for the Mannequin Y with the code identify “Venture Juniper”. The electrical crossover is claimed to characteristic quite a few exterior and inside upgrades and is anticipated to enter manufacturing subsequent 12 months.

As reported by Reuters and in line with unnamed sources near the matter, Tesla has already requested suppliers for quotes about up to date elements of the Mannequin Y and hopes to start out manufacturing in October 2024. This places it nearly one 12 months after the upcoming “Venture Highland” improve for the Tesla Mannequin 3 that may reportedly go into manufacturing in September 2023.

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The Mannequin Y is Tesla’s best-selling car in China and Europe, and alongside the closely-related Mannequin 3 takes up most of its manufacturing capability with greater than 1.2 million gross sales in 2022. Nevertheless, elevated competitors from Chinese language rivals has put strain on Tesla to improve its choices so as to retain its standing because the world’s most respected automaker.

The Mannequin Y was initially launched in 2019, with manufacturing and deliveries beginning in 2020. Tesla sometimes upgrades the software program and {hardware} of its EVs through the years, however the “Venture Juniper” feels like a extra intensive revamp. This is able to require Tesla to make adjustments in all of its main crops within the US, China, and Germany, the place the Mannequin Y is being manufactured. Based on current studies, the automaker is already retooling the manufacturing unit in Shanghai, getting ready it for the manufacturing of the up to date Mannequin 3.

Tesla didn’t touch upon the studies however we count on to be taught extra about each the Venture Juniper and the Venture Highland on the Investor Day which will likely be broadcasted from the Texas Gigafactory later in the present day. There, Elon Musk may even speak about Tesla’s next-generation platforms and the upcoming entry-level providing that’s anticipated to value considerably lower than the Mannequin 3/Y to provide.