Tesla turned a lot of doubters into believers with its Model S and Model X. With the widespread release of the Model 3 by the end of 2018, the EV giant is focusing on the next soon to be feather in its cap, the Model Y.
The compact SUV has loads of heat building up to it eventual release at the end of 2018 or possibly in the early 2019, as many automakers are working to introduce their compact electric SUVs by 2020 and Tesla aims at beating them again.
Here’s what we know so far about the Model Y.
- The Model Y will be a compact electric SUV, as Elon Musk put it ‘the biggest product segment in the world’, based on the Model 3 Platform.
- The fact that it is based on Tesla’s mass-produced Model 3 means its production won’t face similar delays as that of Model S and Model X, as Gigafactory will be operational to almost full capacity by the end of 2018.
- Since it’s based on Model 3, it would be priced between Model S and Model 3, with driving range above 200 miles, a rough but realistic estimate considering Tesla’s track record.