Tesla Model Y launch: Model 3-based SUV to be unveiled next week – What you need to know

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Tesla will unveil the all-new Model Y SUV at an event next week in California.

The all-electric SUV is the fifth car that the car firm has put into production since it was founded in 2003.

It will be unveiled at an event at Tesla’s Los Angeles Design Studio on March 14th, announced CEO Elon Musk.

He made the announcements on Sunday evening on Twitter.

“Model Y unveil event on March 14 at LA Design Studio,’ he said.

The car boss also revealed some indications about pricing, and specs for the vehicle.

“Model Y, being an SUV, is about 10 per cent bigger than Model 3, so will cost about 10 per cent more & have slightly less range for same battery,” he added.

“Detailed specs & pricing will be provided, as well as test rides in Y.”

Based on this, the car could cost from $38,000 in the UK and is expected to have between 190-290 miles of range on a charge.

More details about the car’s specs and pricing are expected to be unveiled at the event as well as when the car will become available to order and be delivered.

The Model Y is the sister product to the Model 3 in the same way the Model X is to the Model S.

It will have around 75 percent of its parts with the Model 3 and is likely to be styled similarly.

Previously, Musk has stated that the car will not have the Falcon Wing doors that are found on Tesla’s larger SUV.

The car will be built at the company’s Gigafactory outside Reno, Nevada and is expected to enter volume production in 2020.

Tesla has also announced that the Pickup truck will be unveiled ‘later this year’ and the SuperCharger 3 will also be unveiled on Wednesday this week. 

Last week the cheapest version of the Model 3 was made available to order.

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