Technology
Tesla Model Y is on the way — in 2020
We last heard about the Model Y crossover mid-size SUV car last year and it sounded like it was going to be revealed sooner rather than later.
Well in true Musk fashion, it’s looking like later. But not too much later.
During Wednesday’s fourth-quarter earnings call, Musk shared more about the newest electric car to complement the Model S, X, and 3 cars. He said it should be here by the end of 2020.
The Y is apparently completed, designed out, and shares 75 percent of its build and design with the Model 3, so it should be easier to ramp up, Musk said.
Production is likely going to start early next year at the main Gigafactory in Nevada, he added.
It may be similar to the Model 3, but Musk said to expect 50 percent higher cost — even double. In this, it’ll be something more aligned with the Model X SUV’s pricing.
Speaking of the Model X, Musk had a moment reflecting on his original SUV, “It’s an incredible car,” he said. But then with a laugh, “Nothing like it will ever be made again and maybe it shouldn’t.”
Musk also divulged some hope for a summer unveiling of a Tesla pickup truck, which Musk praised as “unique.” As we saw with the Model 3 unveiling, it could be some time for the truck to make it to production and into driveways.
The electric Tesla Semi could also be here in 2020, after Tesla itself uses the electric trucks for deliveries and its own needs.
-
Business7 days ago
Former top SpaceX exec Tom Ochinero sets up new VC firm, filings reveal
-
Business6 days ago
Consumer Financial Protection Bureau fines BloomTech for false claims
-
Business4 days ago
Langdock raises $3M with General Catalyst to help businesses avoid vendor lock-in with LLMs
-
Entertainment4 days ago
What Robert Durst did: Everything to know ahead of ‘The Jinx: Part 2’
-
Business6 days ago
Klarna credit card launches in the US as Swedish fintech grows its market presence
-
Entertainment3 days ago
This nova is on the verge of exploding. You could see it any day now.
-
Business3 days ago
India’s election overshadowed by the rise of online misinformation
-
Entertainment7 days ago
How to watch ‘The Sympathizer’: Release date and streaming deals