The Model Y will be revealed next Thursday, March 14.
Last week, we thought Tesla might reveal the Model Y — the next model in the electric automaker’s lineup. Instead, we ended up getting the entry-level, $35,000 Model 3 instead. Now, though, we have some more clarity on when the Tesla Model Y is coming. According to a tweet from CEO Elon Musk, the car will arrive next Thursday, March 14.
Musk tweeted out Sunday, “Model Y unveil event on March 14 at LA Design Studio.” Furthermore, he elaborated that detailed specs and pricing will also be revealed. At the moment, he said it’s “about 10% bigger than a model 3” and will cost about 10% more. It stands to reason, since it’s a larger car, that it will have slightly lower range with the same battery as the Model 3.
Tesla retweeted Musk’s original message, confirming the release date for the Model Y. It’s been a busy time for the company, as it also decided to close showrooms and cut sales staff. Instead, Tesla will conduct most of its business online, while maintaining some showrooms in high-profile regions.
Going on Musk’s own words, the Model Y may cost somewhere in the region of $40,000 to start. Naturally, the company will kick off production with more expensive versions, as it did with the Model 3. We’d expect the car to cost a lot less than the Model X, which starts at $88,000 before tax credits.
In the meantime, for more on the entry-level Tesla Model 3, check out our news video below: