Tesla's Model Y crossover to offer 482-km range, 7 seats

How does it stack up against some of Tesla's other offerings?

There will also be a more expensive version of the Model Y, The Verge reported, with a price tag of US$51,000 that will feature an all-wheel drive and a dual motor.

Aside from the fact it has zero tailpipe emissions, the Model Y boasts a slightly higher profile than its cousin the Model 3, by virtue of the fact that it is in the sports utility segment - the auto segment that is fast becoming one of the most popular in many markets. Production for the Model Y will start in late 2020 in North America, according to Tesla, and in early 2021 in Europe and China. The Model Y is a crossover because Tesla says it is, and because - side by side with the Model 3 - it's bigger.

The Model X, so some would insist, is more like a smoothed-over minivan.

"I think we will sell more Model Y's than S, X and 3 combined", said Musk during the presentation speech.

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

The Standard version will cost $US39,000 ($A55,000 at today's rates), and will be introduced in the northern hemisphere in spring 2021. And at the top-end, its $60,000 Performance version helps it remain competitive with most brands. The slowest Model Y, the Standard, will hit 60 in 5.9 seconds and have a top speed of 120 miles per hour, while Performance buyers can expect to be able to achieve 150 miles per hour.

Inside, the Model Y shares the Model 3's simplistic interior with a horizontal shelf-like dashboard and 15-inch touchscreen that houses almost all vehicle controls. Not that that's a bad thing: the Model 3 has already proved itself to be a solid entry into the EV market. (£26,400). This is also when seven-seat models will go on sale, with just five seats available from launch. These schedules come from a company who's notorious for manufacturing problems, but right now, Musk seems to have gotten the Gigafactory under control.

Another shot of the Model Y can be seen below. It is a radical new vehicle which can sprint from 0-60mph in 1.9 seconds and has 620-miles of range on a single charge. However, don't expect to get your Model Y anytime soon. 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").

"Because of extreme challenges with the Model 3 production, we have to basically allocate all resources to Model 3 production, because otherwise we're going to die", Musk said with a chuckle, eliciting laughs from the crowd.

One of the headline figures for the Model Y is its 0.23 Cd. Tesla also recently backtracked on a cost-cutting decision to close all its retail stores, now saying it'll close only around half of them, and announced it is raising vehicle prices by around three percent.

  • Anthony Vega