Tesla Model Y first details: 300-mile electric SUV, starting around $48k

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One of many questions not answered at a big unveil party in California Thursday night is where the Model Y will be built.

If you're only interested in ultimate Model Y experience, then you need to get the Dual Motor Performance version and add the following features: Red Multi-Coat paint ($2,500), Black and White interior ($1,000), Seven-Seat layout ($3,000 - and available in 2021), Autopilot ($3,000) and Full Self-Driving Capability ($5,000).

Referring to one of his other day jobs as CEO at SpaceX, Musk half-jokingly said "we will be driving a Tesla on Mars" in 10 years. As announced by the manufacturer, the higher trims are expected to make their way into the market by the end of 2020 while the standard range model to be produced by Tesla later in 2021. But here we are just half a decade later and numerous big makers have delivered, or are at the cusp of, launching alternatives; the Jaguar i-Pace, Mercedes-Benz EQC, Audi e-tron, Hyundai Kona electric, Kia e-Niro and BMW iX3, built by established auto makers with a reputation for being on time.

In October, Musk said "significant progress" had been made on the Model Y and that he had approved the prototype for production in 2020. For example, VW's MQB modular kit supports vehicles as diverse as the Skoda Octavia, Audi TT and VW Atlas.

Although Tesla hasn't revealed everything about the Model Y - we don't know its exact dimensions, for example - we know enough to compare its vital statistics to the Model 3. This is undeniably problematic for a brand that has nurtured expectations of bold innovation and surprising and unconventional product design.

Why is Tesla share price down? The real time that electric cars will come into their own will likely be four years from now.

The online configurator for the Tesla Model Y is now live.

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

One of the headline figures for the Model Y is its 0.23 Cd.

Tesla got a huge boost toward ensuring its survival with the 2017 debut of its Model 3 sedan, but an SUV could have even more mass appeal, given how popular SUVs have become in the U.S., Europe and Canada. Tesla struggled to churn out Model 3 vehicles as quickly as Musk promised investors, especially in the two quarters following the Model 3's production-line announcement.

Tesla has given us a first look at what Gigafactory 3 in Shanghai will look like when it's completed this year. If the Model 3 looks like a small Model S, the Model Y can be likened to a shrunken Model X. More surprising than design and technical data is that the Model Y is optionally offered as a 7-seater. If the Y had come out first, would they even have bothered with the 3?

'The Model Y underwhelmed us [Wall Street analysts],' said Osborne. Tesla was able to successfully increase that by 50GWH.

All of which goes to prove that "moving fast and breaking stuff" works a lot better in the intangible world of software than it does in the all-too-tangible realities of automotive manufacturing.

Tesla's recurring production and delivery problems have resulted in consumers having to wait longer than they were originally told.

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