Tesla has launched its latest car, the Model Y, its second mass-market electric vehicle.
In Los Angeles, Tesla unveiled a new SUV, the Tesla Model Y.
Chief executive Elon Musk said a standard-range model priced at $39,000 would be available in 2021. This comes after a challenging stretch for Tesla, with production issues and legal problems for Elon Musk.
The Tesla founder and exec had previously described the Model Y as part of a plan to reach a wider audience, following up on the popular Model 3 – the cheapest car in its range, which was launched in 2017.
The first, more expensive Model Y will have a range of 300 miles per charge, while the standard model will have a range of 230 miles per charge.
By contrast, the Model 3 has a range of 220 miles, a top speed of 130mph and 0-60mph acceleration of 5.6 seconds.
Over 400,000 signed up for the car but it faced production issues which
Another version of the car was launched at a price of $35,000 in March.
The Model Y will have many of the same features as the Model 3 but will be about 10% bigger.
The Model X – the Y’s more expensive sibling – has a starting price of $79,500.
Tesla and Elon’s Rough Journey
After an amazing start Tesla has had a rough couple years.
Production issues have plagued the
A tweet about taking Tesla private led to him being sued by the Securities and Exchange Commission, and he also faced a defamation claim over a tweet.
2019 did not start off any better. In January, the firm announced it was cutting about 3,000 jobs, with Musk describing the previous year as the most challenging in the firm’s history by acknowledging that the vehicles were still to pricey for the average person.
Tesla announced it would shut down a substantial number of its stores, but later changed its mind and said it would raise the prices of its cars.
[…] is also what helps someone see the end to a goal when obstacles stand in the way of those goals. Elon Musk is a clear example of a CEO that maintained a clear vision. Despite a large majority of investors, […]