Why Tesla’s Cheaper Model Y Is a Disappointment
The pared-back car comes from a company falling behind in the EV race. Plus: African farmers’ opportunity.
Tesla Model Y vehicles at the company’s store in Colma, California, in April.
Photographer: David Paul Morris/BloombergA social media post showing a wheel was enough to spin up some theories among Tesla fans earlier this week. Businessweek senior reporter Max Chafkin writes that the reality announced Tuesday didn’t match the hopes. Plus: Africa is positioning itself as a pivotal player in global agriculture, and British Columbia’s natural gas has attracted energy producers.
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