The Big Reveal: Tesla to Unveil Model Y on March 14
Tesla’s CEO Elon Musk has taken to twitter to boast about details of the soon-to-be revealed new Tesla model, the Model Y.
The Model 3-based crossover model will be unveiled in a little under 2 weeks on March 14 at the companies Los Angeles design studio, along with more details on pricing and specs.
Musk also said that Tesla aficionados would be able to take the Model Y on test drives at the event in a bid to whip up some hype about what could be the EV carmakers 5th current production model - if the Tesla Roadster revealed in 2017 reaches production first.
In a series of three tweets on Sunday night Eastern Standard Time (March 3) in the States, Musk said that the new model “being an SUV, is about 10 percent bigger than (the) Model 3, so will cost about 10 percent more and have slightly less range for same battery.”
“10 percent more” than the Model 3 - despite a recent pledge by Musk to achieve the much-touted US$35,000 price tag - means for Australian consumers to quietly hum away in a Model Y, they would likely be parting with at least AU$70,000 after import taxes, incentives and that 10 percent have been factored in.
The Model 3 also has a claimed range of 220 miles per charge - or 354km, meaning a Model Y would have a claimed range of a little under 320km per charge.
Musk has said in the last few weeks that the company would not be turning a profit in the first quarter of 2019 - though he indicated that “we do think that profitability (of profit) in Q2 is likely.”
At the same time Musk wrote off profitability in Q1, the company also announced that it would be shifting sales online - making any announcements that new cars would “hit showrooms” redundant - buyers will now have to order a new Tesla using their phone - a system that is set to be rolled out around the world in a bid to cut costs.
The new sales model would mean that prospective buyers would no longer be able to take the cars on test-drives.