Tesla unveiling Model Y SUV, expanding into popular segment

Roman Schwartz
March 15, 2019

The base model is not expected to begin rolling off the assembly line until spring 2021. Last week Tesla reversed course and said it would leave many stores open and raised prices back by about 3 percent. Those who follow Tesla may have been mildly surprised by this, as the solar roof in particular got a lot of attention a few years ago, but has been nearly completely overlooked lately. Tesla trademarked the name "Model Y" in 2013, with Musk first describing this SUV in October 2015.

Tesla Model Y, a larger, roomier SUV has been launched at the LA Design Studio in Hawthorne, California today.

Each of Tesla's vehicles, from the Roadster to the latest Semi, were driven onstage before the blue Model Y appeared.

Elon Musk revealed the all-electric SUV before Tesla enthusiasts and guests at the LA Design Center on Thursday, and based on the community's reaction; the Model Y seemed to have met expectations.

Model Y from the rear. Musk gave no new details about where the Model Y would be produced at Thursday's event.

A side look at the Model Y.

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Tesla will tonight unveil its attempt to break into the fast-growing "crossover" vehicle segment, revealing the highly anticipated Model Y.

Teased image of Model Y from Tesla Photo: Tesla Inc.

The Model Y was unveiled on a livestream event held by the pioneering EV maker, in the most anticipated unveilings of a vehicle since, well, the "mass-market" Model 3 that was unveiled three years ago and has sold almost 150,000 models since. Deliveries are set to start from fall of 2020, the new Model Y will boast of a 450 km range and 240 kmph top speed.

Some versions will have up to 300 miles of range - which will equate to roughly 480km here in Australia.

Tesla says that the Model Y will be about 10 percent larger than the Model 3 as well, and we'll guestimate around a 10 percent hit to efficiency. Tesla would "most likely" build the Model Y at Tesla's battery factory in Nevada, he said at the time. The history of Tesla and its various problems led us to this point, where Musk expects that Tesla can confidently deliver on its production goals exactly as expected.

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