- Tesla CEOElon Musk said on Wednesday that he had approved the prototype of the Model Y crossover SUV to go into production.
- During the automaker’s third-quarter earnings call, Musk said the Model Y would begin volume production in 2020.
- Musk also said that among Tesla’s upcoming vehicles, he is most excited about its pickup truck.
Tesla CEO Elon Musk said on Wednesday that he had approved the prototype of the Model Y crossover SUV to go into production and revealed which upcoming Tesla vehicle he’s most excited about.
During the automaker’s third-quarter earnings call, Musk said the Model Y would begin volume production in 2020. Citing a government filing, Reuters reported on Wednesday that Tesla would make the Model Y at its upcoming factory in Shanghai. Musk said in June at Tesla’s annual shareholder meeting that the automaker would unveil the vehicle in March.
The Model Y is designed to be a crossover SUV that shares elements of the platform for Tesla’s Model 3 sedan. During the automaker’s first-quarter earnings call in May, Musk said the Model Y would transform Tesla’s manufacturing process.
“I think Model Y is going to be a manufacturing revolution,” Musk said on that call.
“It will be, I think, incredible from a manufacturing standpoint, because we do not want to go through this pain again,” he added, alluding to the difficulties Tesla faced ramping up production for the Model 3.
Musk also said on Wednesday that among Tesla’s upcoming vehicles, he is most excited about its pickup truck, which he has said Tesla will release after the Model Y.
In June, he said the pickup truck would include “crazy” torque, two motors, all-wheel drive, and a suspension able to adjust to the load the vehicle is hauling. He also said it would have 360-degree cameras, sonar, and the ability to parallel park on its own.
“I think we’ve got the most exciting product roadmap of any company on earth, by far,” Musk said on Wednesday.
Have a Tesla news tip? Contact this reporter at [email protected].
Read more about Tesla’s Q3 earnings:
- ‘Tesla may have crossed the line to become self-funding’: Here’s what Wall Street is saying about Tesla’s surprise profit
- Elon Musk says Tesla’s plan to not raise more cash ‘may change’
- Tesla reports surprise profit in ‘truly historic’ quarter
- Tesla is set for huge gains after crushing earnings
- Tesla made 5,300 Model 3s during the last week of Q3 – but it said it would make 6,000 weekly by the end of August
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