Tesla Model Y electric crossover unveiled

Tesla Reveals Model Y ‘Baby SUV’ Tonight: How To Watch Live

Still, the Model Y, like all Tesla's models, has already seen pre-production delays.

The high-end models are scheduled to launch next fall, with the standard version following in the spring of 2021. The Model Y starts at $39,000 for the base variant and $47,000 for the Long Range version. He expects 300 miles of "true, usable" driving range. Moving on to the all-wheel drive configurations, expect to pay roughly $51,000 for the Long Range trim and $63,800 for the Performance trim. This variant will sacrifice 20 miles of range from the Long Range in favor of improved performance. The faster charging speed will also allow Supercharger V3 locations to accommodate more vehicles per hour; a capability that will be beneficial to Model Y owners considering the estimated demand for the all-electric SUV. The latter will be capable of 0-60mph in 3.5 seconds, have a 150mph top speed and 280 miles of range, and will cost $60,000 around (£45,000). It has been priced from $60,000. The Model Y will enter the fray at a time when crossovers are an incredibly hot segment of the entire global automotive market, and US demand for the Model 3 compact sedan is starting to taper off.

Analysts said that with the Model Y, Tesla look to dig its claws into the profitable compact SUV segment, which grew by 12.6 percent to 3.5 million SUVs sold in 2018.

Tesla Model Y electric crossover
Tesla Model Y debuts in California with $39,000 base price

Inside, the all-electric SUV offers seating for seven and adopts the same minimalist design of the Model 3. Among the key interior features is a panoramic glass roof and the automaker's horizontal 15-inch central touchscreen display. The Model Y has 66 cu ft of cargo space.

Musk has promised an easier production ramp of the Model Y, since it shares about three-quarters of its parts with the Model 3 and would need only half the capital expenditures of the sedan.

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