Tesla Model Y launch price $39K - Completes Tesla's S3XY line up

Tesla Model Y launch price $39K - Completes Tesla's S3XY line up

It's fair to say the automaker is up against an entirely different set of hurdles than it was on March 31, 2016. Especially when you consider the price difference between the 3 and the Y is as slim as $2,000, the Model 3 seems unnecessary, even obsolete with the launch of the Y crossover.

Still, Tesla stock did rise ahead of Thursday night's Model Y unveiling.

Three years later, affordable long-range electric vehicles no longer have such a pent-up demand. After the Model X was the Model 3 which is smaller and more compact but equally impressive. The $47,000 Long Range model is projected to go 300 miles on a charge, while the Dual Motor AWD version prices out at $51,000. It may be able to ship some shared parts from the Model 3 line at Fremont over the Sierras, but it will nearly certainly have to build a new body shop, paint shop and general assembly line in Nevada with all the billions in CapEx, years of environmental planning and hiring/training that requires. It will be able to go from 0 to 60mph in just 3.5 seconds and will have an extremely low centre of gravity due to the battery pack being in the floor of the vehicle. Therefore prices will kick off at $39,000 in the U.S. for the Standard Range (when it's available), or $47,000 for the Long Range.

Tonight was a momentous occasion for Tesla as Elon Musk appeared to reveal another electric vehicle.

"Twelve months from now we will have made about 1 million vehicles", Musk said at the event, without specifying the breakdown of models. Model Y also connects with the Tesla Mobile app for unique, easy-to-access features like remote unlock, Summon, remote pre-conditioning, location tracking, Speed Limit Mode, and much more.

Model Y
Teased image of Model Y from Tesla

Due to its connection to the Model 3, the Model Y shares about 75% of its components with the auto. The Y will seat seven people with 66 cubic feet of storage space.

The Y comes with a suite of 12 ultrasonic sensors and a 160-meter forward radar system. It is a radical new auto which can sprint from 0-60mph in 1.9 seconds and has 620-miles of range on a single charge.

At the cheaper end of the scale, the Standard Range Model Y will cost $39,000 and can travel 230 miles on one charge. Musk did not reveal where the Model Y would be built, how it would be financed, and who in the company's reduced workforce will build it.

Tesla is also pursuing a similar approach to their Model 3 when introducing the model variants of the Model Y. Starting in autumn 2020, the higher-priced versions will be delivered before the basic version follows in spring.

Ramsey, though, remains skeptical about whether the company will have adequate manufacturing capacity for the Model Y. He expects the Model Y's journey to the mass market to provide another wild ride for the company, its investors and customers.

Teddy Bridgewater Reportedly Considering Leaving Saints Over Sean Payton to Cowboys Rumors
Bridgewater, 26, was drafted by the Minnesota Vikings in the first round of the 2014 National Football League draft. Bridgewater's agreement comes on the 13-year anniversary of Brees signing his original deal in New Orleans.

Jay Leno laments 'one-sided' comedy; new 'Bachelorette'
All the comics - Jimmy, Colbert, everybody else - it's tough when that's the only topic out there". That's exactly what I want.' When people see you as one-sided, it just makes it tough.

Real Madrid Announce Eder Militao As Zinedine Zidane's
Manchester United lose out to Real Madrid in the race to sign Porto centre-back Eder Militao , according to a report . The Porto defender has become the first signing of Madrid's new project under Zinedine Zidane .

Related Articles

  • One former British soldier will face charges over Bloody Sunday

    One former British soldier will face charges over Bloody Sunday

    We wanted to meet with them personally to explain the prosecution decisions taken and to help them understand the reasons. But family members said they were deeply disappointed that more paratroopers will not be charged over the incident.
    Facebook's data deals are now under criminal investigation

    Facebook's data deals are now under criminal investigation

    The data sharing deals were reported by the New York Times in June and December of past year . Facebook's stock declined 1.5 per cent in after hours trading on Wednesday.
    Viral illness rocks Serena Williams, other players at Indian Wells

    Viral illness rocks Serena Williams, other players at Indian Wells

    Now it's about getting healthy and about recovering and preparing myself for Miami, because Miami is a tournament I do well in". Muguruza next faces seventh-seeded Kiki Bertens of the Netherlands, a 7-6 (12/10), 6-4 victor over Britain's Johanna Konta.
  • Interserve saved after deal rejected

    Interserve saved after deal rejected

    The UK's Cabinet Office said the announcement "will not affect jobs or the provision of public services delivered by Interserve". Interserve provides services such as maintaining and cleaning schools, railway stations, Whitehall offices and hospitals.
    Ha Ha Clinton-Dix joining Eddie Jackson with Chicago Bears

    Ha Ha Clinton-Dix joining Eddie Jackson with Chicago Bears

    He finished the season with 65 tackles in just nine games for the Redskins - although he failed to secure an interception. Most of the top players on the market signed within the first few days of the tampering window being opened.
    Bayern Munich pushed aside and knocked out by Liverpool

    Bayern Munich pushed aside and knocked out by Liverpool

    We are back - that's good, we have a lot to learn but we are back. "I really think this club deserves to have awareness again". It's not sweeter for me because it's Bayern . "We scored a wonderful goal in the first half, outstanding", Klopp said.
  • Miami Dolphins trade Ryan Tannehill to the Tennessee Titans

    Miami Dolphins trade Ryan Tannehill to the Tennessee Titans

    He's also battled injuries for nearly all of his career, and the Titans have struggled when Mariota has missed time. According to a release from Tannehill's agency, the former Dolphins starter signed a one-year deal with the Titans.
    #BoycottChineseProducts: Tweeple outrage after China shields Masood Azhar

    #BoycottChineseProducts: Tweeple outrage after China shields Masood Azhar

    In a major diplomatic victory to India, she stated how every religion dictates love and compassion and not terrorism or violence. New Delhi had reached out to key players ahead of listing of Masood Azhar by the United Nations Security Council.
    Google reportedly shifting employees away from tablet, laptop division

    Google reportedly shifting employees away from tablet, laptop division

    Since the start of the Nexus smartphone program , Google's made hardware as a sort of guide for the rest of the industry. The move is expected to affect dozens of employees , ranging from hardware engineers to program managers.
  • Dash camera captures plane crash in front of vehicle  on busy road

    Dash camera captures plane crash in front of vehicle on busy road

    According to Podolec, the passengers included a male instructor pilot and female student. "Thankfully, there were no injuries". Mitchell said "it is really quite amazing" that the aircraft wasn't involved in a collision with a vehicle on the road.
    Google’s Android Q Beta

    Google’s Android Q Beta

    The Android Q Beta 1 has been released , with Google pushing out the first preview version of its upcoming major Android release . Users will be able to control an application's access to the Photos, Videos, or Audio collections via new permissions.
    Some Calgary flights cancelled after Canada grounds Boeing 737 MAX jets

    Some Calgary flights cancelled after Canada grounds Boeing 737 MAX jets

    The Boeing 737 Max 8 was involved in a fatal Ethiopian Airlines crash this past weekend, which killed all 157 people on board. There are about 350 MAX 8s now in service around the world.