SAN FRANCISCO – Tesla Inc. unveiled the Model Y, promising a much-awaited crossover that will face competition from European automakers rolling out their own electric rivals.
Tesla CEO Elon Musk said the battery-powered crossover, built on the same platform as the Model 3, would first debut in a long-range version with a range of 482 km (300 miles) priced at $62,300 in Canada.
Higher-end "performance" versions will be delivered starting in fall 2020 with a starting price of $74,300. A standard version will be available in spring 2021, with a (370-km (230-mile) range, Tesla said. Canadian pricing wasn't announced. The vehicles can be configured to include seven seats for an additional cost.
After the 40-minute event at the company's design studio in Hawthorne, Calif., near Los Angeles on Thursday, Tesla's website included a page to "design and order" the more expensive, long range version of the vehicle with rear-wheel drive. Ordering the car requires a $2,500 refundable deposit.