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Tesla says the Model Y is coming in 2020 TechCrunch

https://techcrunch.com/2019/01/30/teslas-model-y-is-coming-in-2020/
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Jan 30, 2019 6:58 PM 1+ mon ago

The Tesla Model Y -- the SUV electric vehicle that CEO Elon Musk has been teasing and talking about since 2015 -- will begin volume production by the end of 2020, the company said Wednesday in a letter to shareholders.

The automaker, which has yet to show a prototype of the vehicle, said it will begin tooling for the Model Y this year. And unlike Tesla's other electric vehicles, the Model Y will most likely be produced at the company's massive "gigafactory" in Nevada, Musk said during an earnings call.

Musk struck a bullish tone for the Model Y, predicting sales volume for the vehicle will be higher than its new Model 3.

Tesla also forecast that the cost of the Model Y production line should be substantially lower than the Model 3 line in Fremont, California because it will be built on the same platform and share about 75 percent of its components with Model 3.

Producing the Model Y at the gigafactory should reduce ...

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