Tesla Prepares to Unveil Model Y Compact SUV in Los Angeles
Tesla reveals its highly anticipated Model Y compact SUV tonight in Los Angeles, streaming live for registered viewers. The vehicle promises to be slightly larger and more expensive than the Model 3, though manufacturing details remain the key focus.
Tesla unveils its highly anticipated Model Y compact SUV tonight at an event in Los Angeles, ending years of teasers from CEO Elon Musk. The company streams the 8 pm PT event live on its website, but interested viewers complete a registration process beforehand to receive an access invite. TechCrunch attends the event to gather additional details and potentially take a ride in the new vehicle.
The Model Y is about 10 percent bigger than the Model 3 and costs roughly 10 percent more, while using the same battery to achieve slightly less range due to its larger profile. Tonight's presentation reveals specific vehicle specs like range, performance, and price, but the real focus lies on Tesla's manufacturing strategy. Observers watch closely for information about production locations, timelines, and how the company handles new reservations.
The success of the Model 3 remains critical for funding the Model Y, but the new SUV represents a major opportunity for the automaker. If Tesla applies the hard-learned lessons from its earlier production struggles, the Model Y becomes a significant hit. Ultimately, Musk relies on this compact SUV to help the company reach its ambitious goal of delivering one million vehicles.