Tesla to unveil Model Y on March 14, says Musk

04 March, 2019, 14:07 | Author: Mary Valdez
  • National Tesla moves to selling cars exclusively online, drops price of Model 3 Justin Boggs 4

The market has expected a Model Y unveiling for some time, and the March date makes sense, as Tesla has in the past revealed new vehicles around that time of year.

It also will be about 10 per cent bigger than a Model 3, so cost about 10 per cent more, Musk said in a series of tweets.

According to Digital Trends, 75% of the parts for the Model Y will be the same as the Model 3.

After introducing the Model S in 2012, Tesla reworked the vehicle into an SUV form factor and sold it as the Model X starting in 2015.

This is the only Model Y teaser that's been made public thus far.

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The fate of New Zealand's Tesla stores remains unknown this week, after the auto brand revealed its plans to close stores in a money saving strategy. Production is set to commence from 2020 while plans are also afoot to produce the Model Y from the company's new Gigafactory coming up in Shanghai, China.

The Model Y will likely be a more affordable version of the Model X, in a similar way to how the Model 3 is a "budget" version of the Model S.

The Model 3 starts at $35,000, but can cost more than $60,000 if a long-range battery, Autopilot technology, and other high-end options are selected.

Musk did not drop any additional details for Supercharger V3.0 in his recent tweets, though he did mention past year that the next-generation chargers will have a power output between 200-250 kW, or as much as 50% higher power than Tesla's current Superchargers.

A Tesla ordering page says the "standard range" Model 3 would be able to drive 354 kilometres on a single charge and be delivered within two to four weeks. Due to its size, the SUV's range will be slightly reduced over the Model 3.

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