The company broke ground on the Shanghai factory in January and its CEO Elon Musk has said the firm aims to finish initial construction this summer and start production of the Model 3 towards the end of the year.
Tesla will ultimately offer the Model Y in four configurations. The base version, which will be slower and have a shorter range, will come in at $39,000, with an availability of 2021. The Model Y will enter the fray at a time when crossovers are an incredibly hot segment of the entire global automotive market, and USA demand for the Model 3 compact sedan is starting to taper off. If it wasn't for that legal threat, Tesla's lineup would have included the Model S, Model E, Model X and Model Y - i.e., SEXY.
Musk said more detailed specs and pricing will be available at the Thursday reveal event. The faster charging speed will also allow Supercharger V3 locations to accommodate more vehicles per hour; a capability that will be beneficial to Model Y owners considering the estimated demand for the all-electric SUV. "Inside the vehicle, the Model Y is all Model 3, with the dashboard being dominated by the same 15" touchscreen, which controls the majority of the vehicle's functions. The heavier Model Y, however, will have less range because of its increased weight and size.
Tesla says that the Model Y will be about 10 percent larger than the Model 3 as well, and we'll guestimate around a 10 percent hit to efficiency.
Analysts said that with the Model Y, Tesla look to dig its claws into the profitable compact SUV segment, which grew by 12.6 percent to 3.5 million SUVs sold in 2018.
Teased image of Model Y from Tesla Photo: Tesla Inc.
Tesla's targeted volume production date of late 2020 would put it behind electric SUV offerings from Volkswagen AG's Audi, Daimler AG's Mercedes-Benz and BMW. It will share 75 percent of its components with the Model 3.
It will coincide with the move of the Duke and Duchess of Sussex to Frogmore Cottage in Windsor before their baby arrives. Meghan's female bodyguard was next to quit and now her private secretary Amy Pickerill is stepping down.
The actress will be booked and is expected to make an initial appearance Wednesday afternoon in federal court in Los Angeles. Coaches from Yale, Stanford, Wake Forest and Georgetown universities and USC , among others, are implicated in the case.
Following the mishap, the civic body made a decision to undertake a structural audit of all the bridges in the city. At around 7:30 pm, the commuters were on their way back to the home when suddenly, a part of the bridge fell down.
Israeli analysts speculated that Palestinian militants opposed to any deal between Hamas and Israel were behind the launchings. A Hamas official told the The Times of Israel that the terror group "has no interest in an escalation" with Israel.
He said the FAA has 'always been a very cooperative, data-driven group, and now that seems to have kind of gone to the wayside'. The BEA isn't saying how long it will take to analyse the recorders - which are actually orange, despite their nickname.
There's also a bit more backstory showing Hawkeye's past, as well as the Avengers brooding over what to do in a post-Thanos world. The trailer incorporates scenes from previous Thor , Iron Man and most importantly Captain America movies as flashback sequences.
On the night of the February 11 Pick 4 drawing, each of Brown's 30 plays won the top prize, netting her $150,000. While Brown has no plan for her winnings, she is considering spending it on home renovations.
And even after it is all said and done, it will still be a while before Fox's properties can fall under the Disney umbrella. The company announced the news after receiving the final sign-off from Mexican regulators on Tuesday (12 March).
The Department of Foreign Affairs and Trade is aware of reports of a shooting incident at a mosque in central Christchurch. The Bangladesh cricket team was in the vicinity of the shooting but all members were safe, a team coach told media.
" More people are starting to become aware of the situation and that we are facing a crisis", Thunberg said on CBSN Thursday.
Golden Tate Agrees To Four-Year, $37.5M Deal With Giants
According to Ian Rapoport via Mark Daniels of the Providence Journal , the New England Patriots have expressed interest in Tate. Adams originally entered the National Football League with the New York Giants as an undrafted free agent out of CT in 2016.
Jung Joon-young: K-pop star quits over secret sex videos
According to The Guardian , Seungri of boyband BigBang, is being accused of supplying prostitutes to the investors he works with. Jung Joon Young announced that as a result of these shocking allegations, he would step down from the music industry for good.
Huawei once again uses DSLR photos - Hardware
The codenames for the three P30 phones are ELE-L29 for the P30, VOG-L29 for the P30 Pro , and MAR-LX2 for the P30 Lite . It could be for a single Time-of-Flight (ToF) sensor that's meant for 3D face recognition rather than taking photos .
Slack's new mobile dark mode is available for beta users
As you probably know, dark mode has become one of the most requested features for almost every app on both iOS and Android. Google is taking its sweet time giving Android a proper dark UI mode, leaving individual developers to pick up the slack.
Markets Right Now: Stocks open higher; Boeing falls again
Analyst Mark Kelley, in a note to clients, noted that customers were focusing on messaging and Facebook's stories format. Hong Kong's Hang Seng fell 0.5 percent to 28,776.10, while the Shanghai Composite dipped 0.8 percent at 3,035.15.
Massive MLB Rule Changes for 2019 and 2020 Become Official
Starting with games later this month, mound visits will be decreased from six to five and commercial breaks will be shortened. The league announced Thursday that several new changes have been implemented, which will start opening day this season.
Oil firms as Saudis trim exports, USA output forecast reduced
Oil prices edged higher on Wednesday, supported by planned cuts to Saudi exports and a reduced forecast for USA crude output. Petrol stocks fell by 5.8 million barrels, compared to analysts' forecasts in a 2.5 million barrel survey at Reuters .
Glen Johnson really, really loves Virgil van Dijk
Former Liverpool defender Steve Nicol claims he was not impressed by Liverpool's performance against Bayern Munich on Wednesday. But if they do go all the way in the Champions League, nobody will be more important to them than Van Dijk.