Businessweek Daily

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/Bloomberg

A 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.

If this email was forwarded to you, click here to sign up.