Tesla presents the Model Y / Deliveries from fall 2020

Tesla Unveils Its Electric SUV Crossover Vehicle the Tesla Model Y

Tesla Unveils Its Electric SUV Crossover Vehicle the Tesla Model Y

Today, Tesla unveiled the latest addition to their lineup of electric vehicles with the Tesla Model Y, an electric SUV Crossover built on a modified Model 3 frame.

Tesla claims the Model Y will go from 0-60mph in 3.5 seconds, with a top speed of 150mph. The AWD can go from 0-60 mph in 4.8 seconds, has a top speed of 135 mph, has an effective range of 280 miles, and will start higher, at $51,000.

Model Y Standard Battery will have 230 miles of range, while Model Y Long Range will be able to travel up to 300 miles on a single charge. And as you can see by the vehicle's styling, it looks like a Model 3 from almost every angle, only with a taller greenhouse and a hatchback instead of a trunk.

Tesla talked about a $35,000 Model 3 three years ago, but while it delivered its first Model 3s in the summer of 2017, the cheapest versions typically cost in the mid-$40,000.

Musk has promised an easier production ramp of the Model Y as it shares about three-quarters of its parts with the Model 3 and would need only half the capital expenditures of the sedan.

"Because of extreme challenges with the Model 3 production, we have to basically allocate all resources to Model 3 production, because otherwise we're going to die", Musk said with a chuckle, eliciting laughs from the crowd. By the time it comes out, Musk emphasized, the company aims to be "feature-complete" with Full Self-Driving, meaning the software will be in place allowing the vehicle to perform an expanded range of automated functions.

Tesla announced it would shut down a substantial number of its stores, but later changed its mind and said it would raise the prices of its cars - but not the Model 3 - instead.

The US-based automaker claims a zero to 60 miles per hour (97 km/h) sprint time of just 3,5 seconds for the fastest derivative, along with a top speed of up to 150 miles per hour (that's 241 km/h). The Model Y's main competition in this still-nascent market is likely to be the Mercedes-Benz EQC, and to a lesser extent, the Jaguar I-Pace, according to the research firm LMC Automotive. The usable range will be around 300 miles.

While the Model 3 has largely been a sales success for the company, it's also a sedan and that segment hasn't been doing particularly well over the past few years with consumers opting for SUVs at an increasing rate. It is a radical new auto which can sprint from 0-60mph in 1.9 seconds and has 620-miles of range on a single charge.

Expectations from the Model Y were, therefore, fairly low in terms of just how SUV-inspired its design might be.

Each of Tesla's vehicles, from the Roadster to the latest Semi, were driven onstage before the blue Model Y appeared. This time it was a sport-utility vehicle dubbed the Model Y.

"Twelve months from now we will have made about 1 million vehicles", Musk said at the event, without specifying the breakdown of models.

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