A Performance model will have 280-miles of range, 150mph top speed, 3.5 second sprint time and $60,000 cost.
Above this is a Model Y Dual Motor AWD model, which as the name suggests comes with all-wheel drive. Top speed is 209 km/h, and Musk also assures that it "ride [s] like a sports auto... really tight in corners".
Tesla expects first Model-Y deliveries to start by 2020, and if you're interested in the entry-level auto, then you'll have to wait an additional year. The Model Y is a compact crossover that is largely based on the preceding Model 3 sedan. If the Model Y inspires any such passion, it hardly shows so far. and what little enthusiasm it has generated is unlikely to survive the next two years (plus the inevitable adjustment for "Elon Standard Time").
The event started with Elon Musk talking about the history of Tesla and the electric vehicle scenario overall, and how it has grown from a gimmick to one of the most anticipated upcoming tech innovations in a decade.
In a note to investors on Friday, Wedbush analyst Dan Ives called the new Model Y a "potential game changer".
As we saw with the Model 3, Tesla will delivery pricier models first.
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The Model Y seats seven, and features a panoramic glass roof, front trunk, and split-folding second-row seats. After showing the entire current lineup, Musk talked about how hard 2018 was for them, and added that, "Manufacturing a vehicle is 100x more hard than designing one".
Tesla Model Y, a larger, roomier SUV has been launched at the LA Design Studio in Hawthorne, California today. Remember, Tesla with the Model 3 claimed that it learned a tremendous amount from the production issues that plagued the Model S and Model X, only to find out that Tesla went off and created brand new production problems with the Model 3 by relying too heavily upon automation.
CEO and founder Elon Musk believes that demand for the Model Y could outstrip the Model 3, which has proven itself by a very long yard the most popular EV of 2018 and became the USA's best-seller in its segment late past year. 130mph top speed, 5.5 seconds 0-60mph and a $47,000 price. However, don't expect to get your Model Y anytime soon.
Press information noted that the Y "is also compatible with our current Supercharger network of more than 12,000 Superchargers in 36 countries, as well as our new V3 Superchargers which can charge at rates up to 1,000 miles per hour".
One of the headline figures for the Model Y is its 0.23 Cd. "Now we've made about 550,000 cars".
Tesla is now going through hard times, with Musk charged by the SEC with contempt for tweeting "inaccurate and material" information about the company.
The Model Y does without the Model X's distinctive "falcon-wing" rear doors, instead using traditional hinged offerings with frameless windows like the Model S and 3.