Monday, 25 March, 2019

Tesla’s Model Y Unveil: How To Watch Tonight And What To Expect

Source Tesla Source Tesla
Laurie Berry | 15 March, 2019, 07:26

Elon Musk, Chief Executive of Tesla has plans of selling more examples of Model Y as compared to Model 3 and Model S combined.

As far as a release date is concerned, the Model Y is slated to become available sometime in early 2020.

CEO Elon Musk was to introduce the Model Y Thursday night at a gathering of customers, employees and media. Delivery of this baby SUV to buyers is expected to take a while, though. The Model Y wasn't hiding a truck, the Model S and X aren't refreshed, and at the end of the event, it was just the Model Y. Tesla will announce the Model Y's features plus pricing, as well as offering test drives for those in attendance. It's worth noting, though, that the entry-level model won't be available until 2021 as Tesla will look to manufacture the more margin-friendly models first, a strategy the company undertook with the Model 3.

The Model Y can be ordered here and requires a $2,5000 deposit.

Still, the Model Y, like all Tesla's models, has already seen pre-production delays. Last week Tesla reversed course and said it would leave many stores open and raised prices back by about 3 percent. The point of the reveal tonight is to get those companies to challenge Tesla to create better electric SUVs faster than Tesla can, while signaling to people who may be thinking of purchasing an SUV in the near future that they may want to wait and get a Model Y instead of something else.

Source Youtube  Tesla
Source Youtube Tesla

The unveiling of Model Y went pretty quickly, and was light on details.

The Model Y is built to be fully compatible with the Supercharger V3 network, which supports charging at 250 kW. The original Tesla SUV, 2015's Model X, starts at $88,000.

China's customs authority has lifted its suspension on imports of Tesla's Model 3, an official in the authority's news department told Reuters on Thursday.

Shares of Tesla are down 24 percent from an August high of $379.57, when Musk tweeted that he was taking Tesla private. Maybe the addition of a more affordable SUV can make Tesla more popular outside of the Golden State. In January, he said Tesla had ordered the tooling needed to build the auto.

New York Giants sign WR Golden Tate: Grade, reaction and more
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