Hong Kong– Elon Musk-run Tesla has launched a new Model Y electric car in China with updated design and performance tweaks at same starting price of about 263,900 yuan ($37,000).The new car follows the revamped “Highland” Model 3 in China, which also hit Europe early last month.According to Tesla’s Chinese website, the Model Y now has a 0–100km/hour time of 5.9 seconds. The EV gets new wheels and an ambient LED lighting strip in the dash, like the refreshed Model 3, reports The Verge.Tesla is also offering a long-range version for 299,900 yuan (about $42,000) and a high-performance version for 349,900 yuan (about $49,000). The company is yet to announce the updated Model Y in the US.In August, Tesla launched its flagship Model S and Model X with standard variants at more affordable prices in the US and Canada, slashing it by $10,000 amid fierce competition in the premium EV car market.On Tesla’s official website, the Model S Standard Range is now priced at $78,490 before options. The Model S SR offers a range of 320 miles of range per charge and a 3.7-second, 0-60 mph time. The vehicle also features a top speed of 149 miles per hour.The Tesla Model X Standard Range is now offered at a starting price of $88,490 before options.The users could acquire the all-electric SUV that features a range of 269 miles per charge and a 0-60 mph time of 4.4 seconds.The Model S SR and Model X SR provide a lower entry point for the two Tesla flagship EVs.Unlike Tesla Model 3 and Model Y, which are eligible for a $7,500 US tax credit, the S and X receive no discounts. (IANS)