I know you’re excited about the Model Y. We’ve all been going crazy this week impatiently waiting for Elon Musk to tweet us more details. To add to the frenzy, we give you everything you need to know about the reveal that will complete the S3XY in Tesla.
Model Y unveil event on March 14 at LA Design Studio— Elon Musk (@elonmusk) March 3, 2019
Model Y, being an SUV, is about 10% bigger than Model 3, so will cost about 10% more & have slightly less range for same battery— Elon Musk (@elonmusk) March 3, 2019
Detailed specs & pricing will be provided, as well as test rides in Y— Elon Musk (@elonmusk) March 3, 2019
What Elon Told Us So Far…
Based on his tweets, we know the following:
- The event will be in Tesla’s Hawthorne LA Design Studio at 8 PM PDT. It will also be live-streamed on Tesla’s website here.
- Model Y is 10% bigger with the same battery. We are assuming he is referring to the 75 kWh battery in the Model 3 Long Range version but since it is bigger and heavier, it should result in a shorter range. It will also cost 10% more. If Model Y is offered a short range, we are looking at a $38,500 Model Y.
- Test rides will be offered during the event.
What We Know From Previous Information…
- The Model Y shares 75% of its part with Model 3.
- It is expected to go into production in early 2020.
- The only official photos put out by Tesla are images here. There are renderings of what people might think it might look like, but considering that Model Y will share 75% of its parts with the Model 3, it’ll look closer to the Model 3 than the Model X.
- It will most likely be built in Reno, Nevada’s Gigafactory according to Tesla in the fourth-quarter earnings letter. It is also rumored that it will be built in the new China Gigafactory in Shanghai.
This is exciting. Very exciting. If you thought the Model 3 was revolutionary, we think the Model Y can be even bigger. The fact that you can buy an electric SUV for under 40k seems unreal. Kudos to the Tesla team for making this happen and the vision for a more sustainable future.
The price point will be a big factor for many people when considering electric vehicles. The Model X is great, but it’s still out of many people’s price point. The Model Y, although will look more like the Model 3, will be very popular in many different audiences.
Elon Musk hasn’t specified which Model 3 battery he was referring to but we’ll take a guess and say it’s the 75kWh. Tesla has several options for the Model Y. They can offer similar options like the Model 3 in form of short-range, mid-range and the long range, or offer it like the Model S just offer the SR, LR. Both the Model S and Model 3 also have performance versions. I’d lean towards the Model 3 configuration.
Do you have any thoughts? What are you hoping for in the Model Y? Join our Facebook group below and let us know or tweet at us!