Tesla Model Y crossover is now in production, shipping in March

[Polycount]

In context: Tesla's vehicles are more popular than ever, and the carmaker finally seems to have its production problems under control. Now that the company is growing and operating in a relatively stable capacity, it has room to develop plenty of new vehicles. Currently, Tesla is working on the controversial Cybertruck, the Cyberquad ATV, and -- the focus of today's piece -- the Model Y crossover.

The Model Y was first unveiled in March of 2019, and initial deliveries were later expected to begin sometime this Summer. However, in a somewhat surprising turn of events, Tesla has decided to move that release window up to the spring of 2020 (sometime in March, to be more specific).

This news comes from Tesla's official website, as well as its most recent investor relations report, which states that the company will begin delivering Model Ys by the end of Q1 2020. Tesla feels comfortable making this decision due to how quickly its new Shanghai factory was built -- the location is already expected to produce 150,000 vehicles annually.

Thanks to the Shanghai factory's new production capabilities, as well as improved efficiency at existing factories, Tesla's total vehicle production capacity should increase to 500,000 units by mid-2020 (up from 400,000). Tesla's operations are likely to be impacted by the ongoing coronavirus outbreak in China, but only slightly -- production in the country may need to pause for a couple of weeks.

If you're not familiar with the Model Y crossover, it starts at about $53,000 (cheaper models will arrive at a later date), and it's available for pre-order right now. As usual, extra options, such as a seven-seat interior and Autopilot functionality, will increase that price.

Depending on where you live, you might be able to soften the blow somewhat by taking advantage of local EV tax incentives. Federal incentives for Tesla vehicles have already been phased out, however.

As a bit of an Easter egg, the Model Y's release will finish off Tesla's "sexy" car line-up. The company already ships the model S, 3, and X, but the Y will finally complete the puzzle.

Permalink to story.

https://www.techspot.com/news/83797-release-date-tesla-model-y-crossover-has-moved.html

 

[QuantumPhysics]

We are going to $1000

 

[Plutoisaplanet]

Tesla did not mention how or if China's tragic coronavirus outbreak will impact production at its Shanghai factory.

They did mention this, but it was in their conference call (aka not easily found). They said it looks like the impact would be 1-1.5 weeks of being shut down.

If you're not familiar with the Model Y crossover, it starts at about $53,000, and it's available for pre-order right now. As usual, extra options, such as a seven-seat interior and Autopilot functionality, will increase that price.

This is true of the long range Model Y (which apparently got a range boost from 280mi to 315mi), but there will (eventually) be a cheaper variant which is the standard range and Tesla states on their website they expect production of this version to begin in a year. For reference, the difference in price between the two battery variants of the Model 3 is $9k (one is dual motor), so it's likely the Model Y will eventually start at $44k even though it was announced to be $39k at its initial unveiling last year:

 

[Polycount]

They did mention this, but it was in their conference call (aka not easily found). They said it looks like the impact would be 1-1.5 weeks of being shut down.

This is true of the long range Model Y (which apparently got a range boost from 280mi to 315mi), but there will (eventually) be a cheaper variant which is the standard range and Tesla states on their website they expect production of this version to begin in a year. For reference, the difference in price between the two battery variants of the Model 3 is $9k (one is dual motor), so it's likely the Model Y will eventually start at $44k even though it was announced to be $39k at its initial unveiling last year:

Ah, thanks for the information! I'll update the article accordingly.

 

[Homerlovesbeer]

We are going to $1000

Say what?.......

 

[DaveBG]

This will be one of the best selling cars in the world.

 

[Lounds]

This will be one of the best selling cars in the world.

No it won't, it's not affordable to the average family.

 

[Theinsanegamer]

This will be one of the best selling cars in the world.

Where are you finding all these people dumpoing $53k+ on a limited EV at? That's 17K higher then the average car sale price in the US.

The best selling vehicles in the world are CHEAP. Not expensive.

 

[MilwaukeeMike]

Say what?.......

Stock price. Two weeks ago it hit $500 and we all said 'it's too high, it'll be back lower soon' now it's $640.

I sold my piddly few shares 5 years ago. oops.

 

[QuantumPhysics]

Say what?.......

I bought stock in 2012

 

[PEnnn]

No it won't, it's not affordable to the average family.

So are the Range Rovers, the SUVs from Porsche, Infinity, Lexus, etc....and yet, they're selling nicely.