Tesla debuts hotly anticipated Model Y

LOS ANGELES — Tesla Chief Executive Elon Musk on Thursday night dropped the curtain on the automaker’s latest and perhaps most important all-electric entry: The Model Y.

Due in spring 2021, the standard range version of the sport utility vehicle will cost $39,000, go from 0 to 60 mph in 5.5 seconds and travel up to 230 miles between charges.

Dual motor all wheel drive and long range versions are set to arrive first in fall 2020, priced at $47,000 and $51,000, respectively. Both will offer better performance and range.

Musk said he expects the Model Y to be on par with the Model 3 when it comes to safety.

“Five stars in every category,” Musk told an enthusiastic audience at the L.A. Design Studio in Los Angeles.

The SUV is also performance-oriented, with a battery back mounted low to give it a low center of gravity.

“It has the functionality of an SUV, but it will ride like a sports car,” Musk said. “This thing will be really tight in corners.”

Musk said he expects Tesla to sell more Model Ys than its three existing models combined.

“Of any mid-size SUV it’ll be the one you want,” he said.

Karl Brauer, executive publisher and analyst at Kelley Blue Book and Autotrader, said the Model Y’s price and body style should resonate with the majority of today’s car buyers.

“This also makes the Model Y the most important vehicle in Tesla’s history,” Brauer said.

“Every aspect of the Model Y, from design to launch to production, has the potential to improve — or damage — Tesla’s reputation with mainstream consumers,” he continued. “A big win would serve Tesla well at this point in the company’s journey from start-up to serious automaker. The Model Y is ideally positioned to serve that role.”

During the reveal, Musk was joined on stage by previous Tesla …read more

Source:: The Mercury News – Business


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