Tesla Model Y SUV to be built in Shanghai, China

Ann Santiago
March 17, 2019

The first thing we know about the all-new Model Y is its categorization in accordance with its battery range, drive mode, and performance.

Tesla said it would debut a long-range Model Y next year with a range of 300 miles (482 km), priced at $47,000, as well as a standard version, priced at $39,000, in 2021.

Just as Model 3, the Model Y will be offered in Standard Range and Long Range versions, with Dual Motor and Performance variants. "We do not see the new Model Y igniting elevated demand or enthusiasm for the Tesla brand". The automaker's suite of semi-self-driving features cost $3,000 for the Autopilot advanced adaptive cruise control and $5,000 for additional features such as the ability to pass cars, park, locate its owner in a parking lot, and drive city streets with a degree of autonomy.

Elon Musk has always been outspoken in his mission to advance electric transportation, regardless of who wins the race. The market is going insane for crossovers, particularly mid-sized crossovers, and that is right where the Model Y fits. Deposits can be made for $2500, a notable hike over the $1000 deposit required to get in line for a Model 3 when it was announced.

Musk has announced yet another product way too early, the new auto that is a mini SUV will ship in fall 2020 according to Elon Standard time, which in the real world realistically means 2021.


Referring to one of his other day jobs as CEO at SpaceX, Musk half-jokingly said "we will be driving a Tesla on Mars" in 10 years. It should share most of its component with the $35,000 Model 3 upon its release and come in around $40,000. The top-selling Ford F-150 pickup truck sold almost three times as many vehicles as the best-selling sedan (the Toyota Camry).

Tesla Inc's Model Y electric sports utility vehicle is pictured in this undated handout photo released on March 14, 2019.

Adding in the dual-motor bumps the price to $51,000 and drops the range to 280 miles.

He was cracking himself up on the stage at the Tesla design center in Hawthorne, Calif. Thursday night. It will also provide the 280 miles battery range with acceleration from 0-60 mph taking the minimum amount of time i.e. 3.5 seconds. Some Tesla fans hoped production could start at the end of this year, or even in the middle of this year. The Model Y is also expected to achieve five-star safety ratings and can be enhanced over time via over-the-air updates. The usable range will be around 300 miles. We believe investors will leave the Model Y launch with a neutral to negative outlook on the Tesla story for multiple reasons ...

One of the expectations being tossed around before the Tesla Model Y unveiling was that it might be produced much sooner than initially forecasted. Honestly it was really intense, ' said Musk. It's a challenge in a sense that Tesla has previously failed to meet its deadline in the case of its Model 3 as it took them 3 years to produce it after it was unveiled. The Model Y Standard Range will be built starting in early 2021 for North America and early 2022 for Europe and China.

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