Tesla scraps plans for its bargain version of the Model Y.
Elon Musk unveiled Tesla’s mid-size electric SUV, the Model Y, Thursday night in Hawthorne, Calif.
The most-affordable Model Y will have a base price of $39,000 and a 230-mile battery range, but customers will have to wait until at least 2021 to own one of the five-seater SUVs. Tesla will first sell more expensive versions of the Model Y — with prices starting from $47,000 to $60,000, and offering more battery range. Those will ship starting in 2020, according to the company. There are additional charges for Tesla’s autopilot software, a third row of seats and colors other than black. A panoramic glass roof comes standard.
An enthusiastic Musk said on stage he expected Tesla to sell more Model Ys than Model 3s and Model Xs combined. Production of the SUV is supposed to begin next year.
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