Global  

Celebrating 10 Years of Trusted News Discovery
One News Page
> > >

Tesla launches the Model Y electric crossover

Video Credit: Reuters Studio - Duration: 02:11s - Published < > Embed
Tesla launches the Model Y electric crossover

Tesla launches the Model Y electric crossover

Elon Musk has unveiled Tesla's Model Y electric sports utility vehicle in California, promising a much-awaited crossover that will face competition from European car makers rolling out their own electric rivals.

Ed Giles reports.

0
shares
ShareTweetSavePostSend
 

Tesla launches the Model Y electric crossover

Tesla CEO Elon Musk has launched his company's latest electric offering - a compact SUV named the Model Y.

Musk showed off the vehicle, designed to appeal to a market hungry for crosssovers, in California on Thursday (March 14).

The much-anticipated Model Y is built on the same platform as Tesla's mass-market Model 3 sedan.

It's bigger and uses the same battery.

Pricing will start from $39 000 for the standard version but that won't be available until 2021.

Anyone who wants to get into a Model Y ASAP will have to spring about 47 grand for the long range model set to hit the streets next year.

That one will get you 300 miles between charges.

The Model Y is an important addition to Tesla's lineup.

The Model S and Model X offered luxury sedan and SUV.

The Model 3 and now its cousin Model Y offering a sedan and SUV for everyone else.

Compact SUVs are the fastest growing market segment in the U.S. and China.

And the launch of the affordable Model Y is set to appeal to a global auto market that can't get enough of crossovers.

Musk himself said he expects demand for the "Y" could be 50 percent higher than the Model 3, during a January earnings call.

But Musk's launch of the company's small SUV comes as competition amongst automakers over electric vehicles heats up.

Until now, Tesla's largely been running its own race.

But now, Audi, Mercedez Benz and Jaguar are making their own electric SUV dreams a reality .

The launch also comes amid a new wave of public spats between Musk and the U.S. Securities and Exchange Commission.

The SEC asked a Manhattan court to hold Musk in contempt.

They say a February tweet by the CEO about Tesla's production volumes violated a fraud settlement between Musk and the SEC over another tweet about taking the company private from last year.

Musk argued in a public filing this week his February 19 tweet complied with the conditions of the settlement.




You Might Like


Recent related videos from verified sources

Elon Musk has some advice about charging your Tesla battery [Video]Elon Musk has some advice about charging your Tesla battery

From the horse's mouth, folks.

Credit: Mashable Studio     Duration: 01:24Published

Canada Is Launching Tax Credit For Electric Vehicles But Teslas Are Too Expensive [Video]Canada Is Launching Tax Credit For Electric Vehicles But Teslas Are Too Expensive

Canada is launching a $5,000 tax credit for zero-emission vehicles on May 1. According to Business Insider, Tesla vehicles will be ineligible for the credit because they're too expensive. The base..

Credit: Wochit     Duration: 00:36Published

VW to take on Tesla X in China from 2021 with electric SUV [Video]VW to take on Tesla X in China from 2021 with electric SUV

Volkswagen plans to build a fully electric sports utility vehicle it&apos;s called the ID ROOMZ for China from 2021, taking on the Chinese market leader Tesla’s Model X as the German carmaker..

Credit: Rumble     Duration: 00:51Published

Workers Describe Chaos Of Panasonic's Battery Operation Inside Tesla's Gigafactory [Video]Workers Describe Chaos Of Panasonic's Battery Operation Inside Tesla's Gigafactory

Current and former employees at Panasonic's battery making operation inside Tesla's Gigafactory aren't happy with the way things are going there at all. Tesla and Panasonic share the massive..

Credit: Rumble     Duration: 00:55Published

Musk: Panasonic Battery To Blame For Model 3 Output [Video]Musk: Panasonic Battery To Blame For Model 3 Output

Automotive News reports Tesla Inc. CEO Elon Musk said Panasonic Corp. cell lines at the electric car maker's Nevada battery factory have been holding up production of its Model 3 sedans. Musk wrote in..

Credit: Rumble     Duration: 00:46Published

VW to Launch Tesla X Rival For China In 2021 [Video]VW to Launch Tesla X Rival For China In 2021

According to Reuters, Volkswagen said on Sunday it will build a fully electric sports utility vehicle for the Chinese market from 2021, entering a segment dominated by Tesla’s Model X. The new SUV is..

Credit: Rumble     Duration: 00:36Published

VW To Launch Full Electric SUV To Compete With Tesla [Video]VW To Launch Full Electric SUV To Compete With Tesla

According to Automotive News, Volkswagen is planning to launch a full-electric SUV based on the ID Roomzz concept. The production version EV will feature three-row seating that comfortably accommodates..

Credit: Rumble     Duration: 00:37Published

Entry-Level Tesla Model 3 Only Available As Special Online Order [Video]Entry-Level Tesla Model 3 Only Available As Special Online Order

Entry-Level Tesla Model 3 Only Available As Special Online Order

Credit: Rumble     Duration: 01:06Published

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.