Tesla Model Y: Elon Musk unveils long-awaited £30,000 electric SUV

Taking the stage at the company's design studio in Hawthorne, California, Musk showed off a blue prototype of the mid-sized SUV, which is roughly 10 percent bigger than its best-selling sedan. Tesla has never made anything on time, so these projections are very optimistic, but to give it credit, it does make good but expensive electric only cars. I'm afraid the only vehicle at the launch party was whisked off stage, so we didn't have a chance to investigate. After the Roadster the manufacturer developed the Model S which was done to change the perception of electric cars and make them seem exciting and powerful. It is a sedan which can sprint from 0-60mph in around 2.5 seconds.

One thing it won't have are those Falcon doors found on the Model X. Last week Tesla reversed course and said it would leave many stores open and raised prices back by about 3 percent.

Luckily for Tesla, many of its customers are also investors and surely they will appreciate the firm's apparent new commitment to boring but achievable profit-boosting. The Semi truck is a gargantuan HGV which is battery powered, fast and has up to 500-miles of range.

What's new. The world got its first look at the Model Y late Thursday night. "This timing likely implies the company is postponing the costly Model Y ramp in 2019 to conserve cash", Munster wrote in a note.

As it was meant to be the compact-SUV take on the Model 3 -not unlike the Model X was to the larger Model S - the Model Y's design shares much in common with Tesla's smaller sedan.

Tesla Model Y electric crossover

He also said that the auto will ride like an SUV but drive like a sports vehicle. It will accelerate from 0 to 100 kmph in 3.5 seconds. The range after the relatively realistic EPA evaluation is expected to be 230 miles (370 kilometers).

All Model Ys feature a panoramic glass roof.

There's also Tesla's Autopilot suite, which offers monitored self-driving in certain situations. There will be multiple versions of the vehicle.

The Model Y will eventually come in four different trims: Standard, Long Range, Dual-Motor All-Wheel Drive and Performance. These variants will launch in Spring 2021. Instead, the lowest priced version of the Model 3 had been selling for $43,000 until a couple weeks ago when Tesla reached the promised price point by laying off thousands of workers and imposing other cost-cutting measures. Tesla mentions 120 miles per hour (193 km/h) as the top speed for the entry-level version, the acceleration from 0 to 60 miles per hour can be done in 5.9 seconds. This gets you 300 miles of range, a 0-60 time of 5.5 seconds, and 130mph top speed.

Split-folding second-row seats and a front boot provide a maximum storage space of 66 cubic feet, or more than 1800 litres. Despite that, the Model 3 sedan was the best-selling luxury vehicle of any type in the United States previous year, so expectations are high for the Y. The spartan interior doesn't include much more than a 15-inch touchscreen where most of the car's controls are located. Make that $1,000, thank you!



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