Deliveries of the new Model Y are expected to start in March in China and other Asia-Pacific markets, according to news reports. Tesla's Australian site indicates that deliveries there will start in May. It's unclear when the EV might come to the US and Europe.

The electric-vehicle maker launched an updated version of its Model Y crossover vehicle in China. “Looks very nice,” said Future Fund Active ETF co-founder and Tesla shareholder Gary Black. The front includes a thin strip of lights,

The Model Y, which Tesla announced in China, will start at 263,500 Chinese yuan ($35,935), with deliveries set to begin in March.