Published: Fri, March 15, 2019
Economy | By

Tesla Model Y: What We Know

Tesla Model Y: What We Know

Tesla CEO Elon Musk will unveil the company's long-awaited Model Y "baby SUV" at a glitzy event scheduled for 11:00 p.m. ET Thursday at its Los Angeles Design Studio. Elon Musk says its range will be roughly 10 per cent less than equivalent Model 3 variants.

The Model Y is based on the smallest vehicle in Tesla's range, the $35,000 Model 3, which Mr Musk hopes will bring electric motoring to the mass market.

Based on the Model 3 platform, the Model Y is a cheaper, scaled-down version of the Tesla Model X SUV.

Tesla Reveals Model Y ‘Baby SUV’ Tonight: How To Watch Live

A row of new Tesla Model 3 electric vehicles is seen at a parking lot in Richmond, Calif., on June 22, 2018. As is typical of Tesla models, the Model Y will be sold in a number of guises with different electric motor configurations and various sizes of battery packs. Tesla will announce the Model Y's features plus pricing, as well as offering test drives for those in attendance. It has a sleek tapered front-end with the larger rear and height of a compact crossover/SUV.

The video posted on the social media network shows the Model Y under a auto cover, revealing the car's silhouette.

China's General Administration of Customs stopped clearing Tesla Model 3 imports last week, saying they did not have the required Chinese language warning signs and had missing or incorrect nameplate labels. According to statements made by Tesla, the crossover EV will share roughly 75 percent parts commonality with the Model 3. Tesla said it hopes to build 2,000 Model Ys per week by September 2020.

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