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Tesla unveils its latest car — an all electric SUV

Tesla unveils its latest car — an all-electric SUV

Tesla unveils its latest car — an all-electric SUV
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By CNBC-TV18 Mar 15, 2019 7:40:59 PM IST (Updated)

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SUMMARY

Tesla Inc unveiled its Model Y electric sports utility vehicle on Thursday evening in California, promising a much-awaited crossover that will face competition from European carmakers rolling out their own electric rivals. Chief Executive Elon Musk said the compact SUV, built on the same platform as the Model 3, would first debut in a long-range version with a range of 300 miles (482 km) priced at $47,000. A standard version, to be available sometime in 2021, would cost $39,000 (£29,452), with a 230-mile range. The vehicles can be configured to include 7 seats for an additional $3,000.

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Tesla Inc's Model Y electric sports utility vehicle is pictured in this undated handout photo released on March 14, 2019. Tesla Motors/Handout via Reuters

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Chief Executive Elon Musk said the compact SUV, built on the same platform as the Model 3, would first debut in a long-range version with a range of 300 miles (482 km) priced at $47,000. Tesla Motors/Handout via Reuters

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A standard-range model with a 230-mile range was priced at $39,000 with a promised delivery date of spring 2021. Tesla Motors/Handout via Reuters

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Tesla CEO Elon Musk, right, stands next to the Model Y at Tesla's design studio on Thursday, March 14, 2019, in Hawthorne, Calif. The Model Y may be Tesla's most important product yet as it attempts to expand into the mainstream and generate enough cash to repay massive debts that threaten to topple the Palo Alto, Calif., company. (AP Photo/Jae C. Hong)

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The Tesla Model Y is unveiled at Tesla's design studio Thursday, March 14, 2019, in Hawthorne, Calif. The Model Y may be Tesla's most important product yet as it attempts to expand into the mainstream and generate enough cash to repay massive debts that threaten to topple the Palo Alto, Calif., company. (AP Photo/Jae C. Hong)

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People wait outside Tesla's design studio for a test drive of the Model Y, Thursday, March 14, 2019, in Hawthorne, Calif. The Model Y may be Tesla's most important product yet as it attempts to expand into the mainstream and generate enough cash to repay massive debts that threaten to topple the Palo Alto, Calif., company. (AP Photo/Jae C. Hong)

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Tesla's Model Y is displayed at Tesla's design studio Thursday, March 14, 2019, in Hawthorne, Calif. (AP Photo/Jae C. Hong)

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Tesla's Model Y is displayed at Tesla's design studio on Thursday, March 14, 2019, in Hawthorne, Calif. The Model Y may be Tesla's most important product yet as it attempts to expand into the mainstream and generate enough cash to repay massive debts that threaten to topple the Palo Alto, California, company. (AP Photo/Jae C. Hong)

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Tesla's Model Y is displayed at the company's design studio Thursday, March 14, 2019, in Hawthorne, Calif. The Model Y may be Tesla's most important product yet as it attempts to expand into the mainstream and generate enough cash to repay massive debts that threaten to topple the Palo Alto, California, company. (AP Photo/Jae C. Hong)

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Tesla's Model Y is displayed at the company's design studio Thursday, March 14, 2019, in Hawthorne, Calif. The Model Y may be Tesla's most important product yet as it attempts to expand into the mainstream and generate enough cash to repay massive debts that threaten to topple the Palo Alto, California, company. (AP Photo/Jae C. Hong)

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