Elon Musk Just Unveiled Tesla’s New Model Y Compact SUV

Elon Musk Just Unveiled Tesla’s New Model Y Compact SUV

A Dual Motor AWD version has 280-miles of range 135mph top speed, 4.8 second s0-60mph time and a $51,000 price point. It will start at 39,000 USA dollars for the standard range version, which the company said can go 230 miles (370 kilometers) on a single charge.

Tesla expects to deliver the performance, long range, rear-wheel drive and dual-motor, all-wheel drive versions of the Model Y in the fall of 2020.

Elon Musk tweeted from the launch event: "Model Y, being an SUV, is about 10% bigger than Model 3, so will cost about 10% more and have slightly less range for same battery". Top speed is 209 km/h, and Musk also assures that it "ride [s] like a sports auto... really tight in corners".

Tesla further highlights that "Standard Range production is expected to begin in early 2021", and yes, the Model Y will be manufactured in China too. And finally the Model Y Performance - 4WD, $60,000, 280 miles, 0-60 in 3.5, 150mph, which let's face it, is the one you want. The last one of these was the Model-Y in Blue. Vehicles with a low Cd allow air to flow more smoothly across them: they require less energy to move forward than a blockier auto or truck. With that we were back at the pick up and drop off zone and were done.

Model Y is also compatible with our current Supercharger network of more than 12,000 Superchargers in 36 countries, as well as our new V3 Superchargers which can charge at rates up to 1,000 miles per hour.

Tesla has given us a first look at what Gigafactory 3 in Shanghai will look like when it's completed this year. It shares the same platform, center console, seats and wheelbase as the Model 3 sedan, but has its own doors, roof pillars and panoramic roof, the latter surely the largest in the class. Seating for up to seven people will be a $3000 option, while range will go from 230 to as high as 300 miles depending on model choice. After showing the entire current lineup, Musk talked about how hard 2018 was for them, and added that, "Manufacturing a vehicle is 100x more hard than designing one".

More news: China blocks United Nations vote to blacklist Pakistani militant leader

Inside, the Model Y shares the Model 3's simplistic interior with a horizontal shelf-like dashboard and 15-inch touchscreen that houses almost all vehicle controls.

The event at Tesla's Design Studio was very quick, with most of Musk's stage time centering around a retrospective of the company's accomplishments since 2008.

Shares of Tesla Inc fell about 4 percent on Friday, as investors wondered if its unveiling of an electric sports utility vehicle would add to pressure on cash flow, while analysts anxious the carmaker was not addressing slowing demand for other models.

There are four variants in the Model Y lineup.

It took almost three years after Tesla's unveiling of the Model 3 before it sold for its promised price point of $35,000.

Model Y from the rear. "Once it's complete, it will be the equivalent of our Fremont vehicle factory plus our Nevada Gigafactory combined, integrating the two, which kind of makes sense".

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