Tesla watchers were taken by surprise when a redesigned version of the Model Y electric crossover SUV, which was not announced by Tesla, showed up on the company's website in China and in nearby markets.

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,

Tesla launched a new version of the Model Y, its best-selling car, in China on Friday, hoping that a redesigned exterior and upgraded features inside will help it regain market share taken by rivals such as Xiaomi .