Tesla Unveils Model Y

Elon Musk CEO of Tesla

The Model Y will be unveiled today at a live-streamed event scheduled for 8pm Pacific Daylight Time (2pm Australian Eastern Daylight Time) at the company's design studios in Los Angeles. Tesla also recently backtracked on a cost-cutting decision to close all its retail stores, now saying it'll close only around half of them, and announced it is raising vehicle prices by around three percent.

Another important tip with the Model Y is that Tesla will release each Model Y vehicle at a different time. Top speed is 209 km/h, and Musk also assures that it "ride [s] like a sports vehicle... really tight in corners".

All Model Ys feature a panoramic glass roof. A more prosaic Standard Range (120mph, 5.9 seconds, 230 miles) will join the other models in 2021.

Musk revealed very few details about the upcoming auto, but some key figures stuck out: the 300-mile, long-range version of the vehicle will go into production in Fall 2020 with an MSRP of $47,000. For the speed freaks and performance junkies out there, Model Y will be capable of accelerating from 0-60 miles-per-hour in just 3.5-seconds.

The Model Y's immediately-recognizable problem is that it looks like it shares over 90% of its parts with the Model 3, rather than the 75% Tesla claims.

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Hamdi, 22, who works in a bakery in Gaza, said "since the morning very few people have come compared to normal Friday mornings". Israeli analysts speculated that Palestinian militants opposed to any deal between Hamas and Israel were behind the launchings.

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A Black Caps spokesman told the Herald nine of the team members live in Christchurch and are now at home with their families. Several minutes after they were barred from getting off the bus, the players escaped and ran through Hagley Park.

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Predominantly a centre-back, Militao is similarly adept at right-back and has even been known to fill midfield gaps if required. Eder may well be young, but he clearly has the talent to establish himself as a key cog in Real Madrid's defence.

But it's the Model Y's pricing that has Ives and many Tesla supporters excited. (£26,400). This is also when seven-seat models will go on sale, with just five seats available from launch.

When the oil has dried up and the combustion engine is nothing more than a holographic memoir at a museum where people touch a thing called the gear stick and are mesmerised by the mechanical workings of a six-stacker CD player, it will be Tesla that gets an exhibit all to itself.

Still, the company expects the Model Y to do well. Given how much Tesla's customers waited for the Model 3, there's no denying the pre-orders will pour in like monsoon rains ending the dry season. Some key executives have left the company recently. The Long Range can be upgraded to dual-motor all-wheel drive for $4,000 more. "It's tough to say the Model 3 was the wrong vehicle all along". As is often the way with Teslas, it'll be little while before we get the Y in the United Kingdom, but who would bet against there being a glut of orders as soon as they are? "It was really intense". A third, even more expensive version will be a performance Model Y that will sell for US$60,000. First, Tesla will release the $47,000 long-range Model Y in the fall of 2020, and according to Musk, it will have a range of 300 miles.

There are four variants in the Model Y lineup. Speaking of the go-faster specification, acceleration and top speed are rated at 3.5 seconds and 150 miles per hour. Bringing in early down payments for the vehicles would help Tesla generate the cash it needs to repay almost $1.7 billion in loans that come due within the next 16 months.

Another $566 million in notes are scheduled to be repaid this November followed a $1.1 billion credit line in June 2020. The last one of these was the Model-Y in Blue.

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