From the looks of it, the Tesla Model Y will be exactly we what we expect and what Musk promised: A raised Model 3 with more interior volume.
Elon Musk unveiled his company’s latest creation last night in California, taking the wraps off the brand-new Tesla Model Y. We’ve been talking about the Y for a few years now, and last night it officially became Tesla’s second sport utility vehicle.
As you can see from the pictures taken on site, Musk brought the entire family with him, from the original Roadster, the new Roadster, the Model S, Model 3 and Model X. There was even a Semi in the mix.
Say what you will about Tesla, you have to respect what the automaker has accomplished. To go from nothing to a full lineup of vehicles that are electric no less is impressive. With the new Model Y joining the Model 3, Tesla is getting closer and closer to price points most consumers can afford.
As stated previously, the Tesla Model Y is a raised Model 3 in most areas. The interior is just about the same with the only major difference being that there is space for a third row of seats. That won’t come until 2021, however. The cargo area will offer up to 1,900 liters of total cargo space.
Three Versions of the New Tesla Model Y
There will be three versions of the new Tesla Model Y: Long Range RWD, Long Range AWD and Performance. The first will start at $47,000 while AWD models start at $51,000 in the United States. The top-of-the-line Performance model will start at $60,000 with a fully-loaded model nearing $75,000.
In Canada, this translates to $64,000, $69,000 and $81,000.
Range for the Tesla Model Y AWD is rated at 451 kilometers (281 miles) while the RWD Long-Range model gets 483 kilometers (300) miles.
You will need 5.5 seconds to reach 60 mph in the RWD version with AWD models doing the same thing in 4.8 seconds. The Tesla Model Y Performance will reach 60 mph in 3.5 seconds.
A More Affordable Tesla Model Y is Coming
Elon Musk said a more affordable, standard range version of the Tesla Model Y will be available, just like in the Model 3. Offering 230 miles of range (368 kilometers), this version will sell for $39,000 but won’t be available until 2021.
What Do We Think of the New Tesla Model Y?
The one major issue with the Tesla Model X was its price. When you’re hesitating between an electric SUV or a pre-owned Ferrari 458, you know someone priced their vehicle too high.
The Model Y, like the Model 3, can be bought by a lot more people and will therefore have a much more important impact on the market. It’s top-of-the-line model is a heck of a lot faster than an Audi e-tron, for example, and yet is still about $9,000 less.
At its price point right now, the Model Y doesn’t have any competition and given how important SUVs are on the market, it could very well become Tesla’s most important model.
The only thing left to see is whether Tesla can bring its Model Y to market without any delays. There are a lot of “not available until 2021” features in the Model Y. It is alone for now, but you know Audi with its Q4 e-tron, Porsche with its electric Macan, and Mercedes-Benz with its EQB will be breathing down its neck very soon.
The launch party for the Tesla Model Y and Elon Musk is over. Time to get to work.