Elon Musk's Tesla launched a new higher-priced version of the Model Y, its best-selling car, in the United States, Canada and Europe on Thursday, weeks after it was first released in China.

Tesla is set to launch its redesigned Model Y SUV globally in March, marking a significant event in the company’s history. The simultaneous launch across major markets, including the U.S., Canada, Mexico,

The new Tesla Model Y launched in the U.S. and Europe. Deliveries start in March, but early buyers will have to pay up. Tesla stock edged up overnight.