Tesla unveils its Model Y crossover

Is the Tesla Model Y an SUV – and does it matter

Model Y is compatible with the current Supercharger network of more than 12,000 Superchargers in 36 countries, as well as the new V3 Superchargers which can charge at rates up to 1,000 miles per hour. One thing that struck us about the Model-Y is how Tesla is still influenced by Porsche's aesthetics.

"It seems to be another distraction tactic presenting a new model and (to) divert from the problems with the other cars, the production and the profitability", NORD/LB analyst Frank Schwope said. To paraphrase Tolstoy, profitable automakers are all alike; every unprofitable automaker is unprofitable in its own way.

The CEO proceeded to roll out each of Tesla's vehicles - the Roadster, Model S, Model X and Model 3, as well as the planned Roadster refresh and Semi truck.

Somewhere between those two extremes is a sweet spot that for decades has been defined by Volkswagen. The Model Y is a small, all-electric SUV, that looks a lot like a taller version of the Model 3 sedan. This is undeniably problematic for a brand that has nurtured expectations of bold innovation and surprising and unconventional product design.

Tesla Reveals Model Y ‘Baby SUV’ Tonight: How To Watch Live
Tesla unveils new Model Y compact SUV set to release in fall 2020

The vehicle was unveiled at an event in Los Angeles. So, it's a good idea to remember that if you happen to be one of the folks plunking down deposits for the first Model Y crossovers, it might be late showing up in your garage.

Luckily for Tesla, many of its customers are also investors and surely they will appreciate the firm's apparent new commitment to boring but achievable profit-boosting. The usable range will be around 300 miles. In January, he said Tesla had ordered the tooling needed to build the auto.

Time will tell if this worry has any grounds but it's worth recalling that the Model 3 became the most sold electric vehicle in the world last year: the first full-year of production for the auto. And I noted that acceleration wasn't as quick as Models S, E and X (there, I did it). Based on the underpinnings of the Model 3, the resemblance to its forebearer is striking to the point of being comical. "This is definitely going to be the year of the solar roof and power wall", Musk said, explaining that Model 3 production challenges prevented the company from spending more resources on solar and battery projects. This time it was a sport-utility vehicle dubbed the Model Y. There was no verification from the company that battery packs will be the same as Model 3, but with range and performance down slightly from the equivalent sedan, that's likely. This shouldn't be surprising since the Model Y shares much in common with the Model 3, though the crossover will offer optional three-row seating for seven passengers. While aggressive, Gigafactory 3's building schedule comes with generous support from both the local and national Chinese governments. 19-inch wheels are also available.

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