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Tesla Model Y launch price $39K - Completes Tesla's S3XY line up
15 March 2019, 07:28 | Hattie Nash
Model 3 Tesla Gigafactory 3 in China will look like this when it’s completed
Unlike past announcements, there was no mention of "production hell" or what a challenge bringing the Model Y to production would be.
China's General Administration of Customs stopped clearing TeslaModel 3 imports last week, saying they did not have the required Chinese language warning signs and had missing or incorrect nameplate labels. 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.
Elon Musk set to unveil Tesla's latest passenger vehicle tonight in Los Angeles
As we long expected, the Tesla Model Y's front fascia is strikingly similar to the Model 3, it's four-door sedan sibling.
Earlier this month Tesla announced that it would be closing the majority of its brick and mortar stores worldwide in order to afford the $US35,000 price tag on the new Model 3, as well as keep the company "financially sustainable".
Elon Musk, Chief Executive of Tesla has plans of selling more examples of Model Y as compared to Model 3 and Model S combined. The SUV will join the Model 3, Model S, and Model X in Tesla's range of consumer passenger vehicles as well as the impending second-generation Tesla Roadster and Tesla Semi. The Model Y has 66 cu ft of cargo space. Even with the reduced range, Tesla is predicting demand to be perhaps 50 percent higher for the Model Y than the Model 3 owing to the former's crossover body style. The original Tesla SUV, 2015's Model X, starts at $88,000.
Some versions will have up to 300 miles of range - which will equate to roughly 480km here in Australia. Thanks to a pair of powerful electric motors, this model will have a 280 mile (450 km) range, a 150 miles per hour (241 km/h) top speed and accelerate to 60 miles per hour in a blistering 3.5 seconds.
Still, the Model Y, like all Tesla's models, has already seen pre-production delays. The history of Tesla and its various problems led us to this point, where Musk expects that Tesla can confidently deliver on its production goals exactly as expected. Two weeks later it made a decision to keep more stores open than anticipated (and bump up prices), as well as announce the new V3 Supercharger.
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