Tesla Model Y – Future is almost here!
Rumors about the fourth Tesla model have been circulating ever since the Model 3 was officially announced a while ago. However, up until recently there wasn’t any real piece of information to hint at a new model. This changed dramatically when Elon Musk tweeted that the fourth model is in the works – the Tesla Model Y.
Originally Tesla Model Y was planned for official introduction on Oct. 17, but Tesla Motors decided to slightly postpone this and move the release date to Oct. 20. To be honest, we didn’t get official confirmation that this is an even related to Model Y, but we think that this is a new product about which Elon Musk was talking about.
Even we could hear that the company will be unveiling one completely new product that has been described as “unexpected by most” we can only speculate on what exactly will be coming from Tesla’s factory. With few new things that could be offered, we already have few rumors on that. While many suggest that this could be related to the van that has been mentioned by high-level executives or the urban transport vehicle with the autonomous capability, we strongly believe that Model Y is coming.
What we do know so far about Tesla Model Y is that it will be based on Model 3 chassis and that it will be a crossover. What Model X is to Model S the Model Y will be to Model 3 so is with the price. We expect to see something in line with $45,000 before incentives and various tax reductions by the state. With the level of luxury, we are used to getting from Tesla it is quite possible this to be one of the best options on the market at fair price.
Tesla is not the only car maker that is preparing electric crossover or a similar vehicle. Soon, Audi will launch E-Tron Quattro while Mercedes ELC is in development. Jaguar is another company that might introduce an option for this segment, but it is a good question if any of these can compete with Tesla.
No matter which car maker you choose from this short list you will be able to say that they are far bigger than Tesla with longer tradition and other things on their side. But what they do not have is the expertise in electric powertrains that Tesla offers. They are the biggest EV manufacturer and their vehicles already proved themselves making them a leader in this fast rising segment.
What do you think, is the Tesla Model Y product that will be unveiled on October 20th? What else wold you like to see?
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Model Y Update 09/08/2016:
The car market has shifted significantly, and changes indicate that more buyers are looking for trucks and SUVs than sedans. Another thing is that crossovers and SUVs are bringing more profit than sedans that are facing faster value deteriorating than other vehicles mentioned above.
These are the reasons why Tesla Model Y, future crossover/SUV, is more important than the Model 3. Many will ask how is that possible since Model 3 has been pre-ordered in insane numbers and represent first affordable fully electric sedan from the company and great alternative for those drivers that need this type of vehicle but do not want to stay on fossil dependent cars.
This trend has also been noticed by Tesla Motors CEO, Elon Musk and we are sure that they will give their best to speed up the development of the new model in the lineup. What we know so far is that Model 3 will emerge during 2018, but earliest predictions suggest that Model Y might come in 2020 while less optimistic and more realistic prognosis indicate 2022 launch.
It is clear that EV’s are future, and we could see huge investments in the development of these vehicles by many large car makers. Mercedes could bring electric SUV during this year Paris Motor Show, and it could go into production during 2019. Volvo is in a similar situation and in 2019 we might see crossover/SUV that would compete against Model Y when it comes to features. Volkswagen stated that five new EV’s will be introduced in the next four years and when all these facts are puzzled together we know that Tesla needs to hurry up with the development of their competitor.
With insanely loyal fan base Tesla has a good chance of succeeding even they come slightly late to the party as we know that many buyers will gladly wait for its new product. What they need to be sure is that new vehicle will be a next big thing after Model 3 is introduced.
Tesla Model Y Update 08/25/2016:
Tesla Motors and its CEO Elon Musk recently announced new Tesla product, and even we are used to see great reactions from the large fan base, this time, it was less than ecstatic. This is simply because it impacts those most expensive models so only those with very deep pockets can afford this.
What is it about? Well, Tesla introduced 100 kWh battery pack that will go on sale in Europe. With this one, it will be capable of offering P100D Ludicrous model that will accelerate from 0 to 60 mph in mind blowing 2.5 sec. Even it is highly unlikely that this will come to Model Y and Model 3 that are referred as smaller and cheaper Model X and Model S we can still hope that 100 kWh battery pack will be offered for these models in future.
Looking at the current lineup it will hardly happen in near future because it would mean that both Model Y and Model 3 would be able to return more miles on a single charge than larger, more luxurious and heavier Model X and Model S.
Why is this important for Model Y? It is simple. If we get Model X with 100 kWh battery pack, it could mean that larger battery pack will be offered with the Model Y when it arrives to the market.
In the announcement of the new product, Musk stated that the cells are same, but improvements are achieved with changes to internal support structures and cooling. As a result, we have higher performances, and this represents a notable engineering achievement.
Tesla Model Y Update 08/04/2016:
Finally, we are getting confirmation’s that the Tesla Model Y will use the same platform as the Model 3. The introduction of compact SUV at the lower price point is a great move since it will allow more people to get into EV market. Currently, priority is on the Model 3 that has been pre-ordered in insane numbers placing Tesla Motors into great position when it comes to the development of future models.
We know how popular is the compact SUV segment and with the introduction of Tesla Model Y we would be getting a real competitor to gasoline powered and few hybrid models on the market. Estimated demand for a new vehicle in Tesla’s lineup is to be between 500k and 1 million units per year. These are quite optimistic predictions, but there are no reasons not to see this happen if the company offers interestingly priced and features filled vehicle.
At this moment we still do not have an official date of introduction for Model Y, but we could hear from Tesla Motors CEO Elon Musk that it will succeed Model 3. Conquering new segments is part of the Master Plan that has been presented by the company and gives insight into the future where we will have self-driving vehicles that are shared by many drivers and are summoned through an app.
Tesla Model Y Update 06/07/2016:
With the quick and rising popularity that the Tesla Model Y received it is expected for it to be part of many new rumors that we are receiving. Latest provided images of the concept version, and we can immediately see clear influence of both Models 3 and Model Y, which was expected. Images, in this case, two, come from the RM Car Design and even they are only concept renderings we hope that Tesla will offer something similar.
Big wheels in combination with a front end that is inspired, but Model 3 are the direction in which this concept goes. Sloping roofline gives it almost a coupe-like an appearance and this might be slightly different for the production version. Also, in this version, there is no Falcon like we did get on the Model X, which again fits in nicely into a story that Tesla Motors offered about this being smaller and more affordable vehicle.
Tesla Model Y Update 05/06/2016:
We have received few details about the possible fourth model in Tesla lineup, but it is still unclear if this one will be called Model Y or Model 4. If Tesla Motors decides to go for Y name than their model names will spell S, 3, X, Y, quite a bold move that will allow the company to attract younger buyers. Don’t think that this is a coincidence since they do want younger customers because they are more eager to adopt new technology and what EV’s offer.
Rumors about the Tesla Model Y were started by Elon Musk, similar like it was with previous rumors. Recently we could hear the statement that the fourth generation of smaller cars will lower the price of EV’s so that everyone can buy these.
Here is the statement: “With something like the Model 3, it’s designed such that roughly half the people will be able to afford the car,” Musk added. “Then, with fourth generation and smaller cars, we’ll ultimately be in the position where everyone will be able to afford the car.”
This was a part of the talk where Musk hinted that next vehicle that will be added to the lineup could start even with lower base price than it is the case with $35,000 Model 3. This is possible with the sheer number of produced cars, more cars, and more batteries that they make they will be able to lower the price of development and production.
One of the things that still isn’t clear is the position of Model Y. It is possible for Tesla Motors to offer hatchback and that perfectly fits their lineup roster. This would also nicely fit into the story about “smaller cars” but this also can imply that future vehicle will be a small crossover. Stay tuned for further updates.
Unfortunately, the tweet has been quickly deleted, but the impression remained, and the car has been heavily discussed ever since. While there aren’t any real details about the car or its future target audience, it is pretty safe to assume that Tesla will be building the second crossover to appeal to the massive compact and medium-size crossover market.
The new car will be based on the same platform as the Model 3, and it might even be priced similarly, but it will be offered with a larger cabin and a standard all-wheel drive system. The upcoming Model Y would also help Elon to finish its plan to name its entire lineup of cars as “S3XY” from the Model S, 3, X and the future Y.
Model Y Video
While this is certainly a bold approach, it would allow Tesla to appeal to the younger generation which is also the part of the population more likely to buy a fully electric car. In order to make it a competitive purchase, the Model Y is likely going to be priced around $40,000 which would be a massive deal if it will be as great as the X or the upcoming 3.
Unlike the larger X or S though, the Y is going to use a very similar interior to the much cheaper Model 3. However, in order to make use of the extra space, the car is rumored to offer a different seating arrangement with more room between the two rows of seats.
Thanks to the lack of an engine and a transmission tunnel, there is going to be much more space than even in the larger compact crossovers. There is also a possibility to see this electric vehicle offered with two jump seats like the Model S. The materials are going to be just as good as those of its competitors meaning this model will have enough luxury accents to compete successfully with best in the segment.
In order to simply annihilate the competition, the future Tesla Model Y will be offered as standard with all-wheel drive and two electric motors. Less powerful 120 to 200 horsepower electric motor in the front and a 200 to 250 horsepower electric motor in the back, both powered by a larger than 60 kWh battery-pack, enough for more than 200 miles and a 0 to 60 MPH time of around 5-6 seconds, basically faster than even some hot-hatchbacks out there.
Tesla Model Y price? Low or High
Among other rumors we could hear we assume that Model Y will be a downsized and cheaper version of Model X. Tesla Motors had a similar approach with Model 3 that is offered as a smaller sedan than their flagship Model S. With reduction in production prices, EV’s will go down and we expect for the Model Y to be low-cost vehicle and that is how Tesla Motors advertised it. Price will be on a similar level like the Model 3, maybe just a few thousand dollars higher since we are talking about crossover vehicle and we know that these tend to be slightly pricier than the similarly equipped sedans and hatchbacks.
What about the release date of Model Y?
One of the most speculated topics related to Tesla Model Y is the release date. While it might be very hard to guess when this small electric crossover will be introduced, we can offer our best guess. At this point, there are no official details about closer to production Model 3, but we could predict that Model Y will be offered shortly after the introduction of Model 3. Still in rumors, we can only hope that Tesla Motors will bring the new vehicle in the next couple years. The official debut could happen during 2018 or 2019 and a similar situation with recently announced Model 3 is expected.
Huge interest from the general public and the launch year or two after production ready version comes. If this happens and we take few other factors like Gigafactory production capacities we come to the conclusion that 2019 or 2020 launch is quite possible and even most likely. While we would like to see more vehicles from this U.S. based car maker we will have to wait a little bit longer.
Official Tesla website: https://www.teslamotors.com/models