- Tesla CEOElon Musk indicated that the company will unveil its Model Y SUV between late 2018 and mid-2019.
- The Model Y will be a crossover SUV that shares elements of the platform for Tesla‘s Model 3 sedan.
- Musk has said the Model Y will transform Tesla’s manufacturing process.
Tesla CEO Elon Musk indicated that the company will unveil its Model Y SUV between late 2018 and mid-2019.
In another tweet, Musk hinted that Tesla will introduce the vehicle between the end of 2018 and the middle of 2019.
“We could unveil Model Y anytime from late this year to mid next year, so March 15 is about right,” he wrote.
The Model Y will be a crossover SUV that shares elements of the platform for Tesla’s Model 3 sedan. During the company’s first-quarter earnings call, Musk said the Model Y will transform Tesla’s manufacturing process.
“I think Model Y is going to be a manufacturing revolution,” Musk said. “It will be, I think, incredible from a manufacturing standpoint, because we do not want to go through this pain again.”
During the call, Musk said Tesla will begin producing the Model Y in about 24 months.
One week after the call, Tesla released a video that showed small portions of a vehicle that was covered by a sheet. Some have speculated that vehicle is the Model Y.
When Tesla starts to produce the Model Y, the company will try to avoid the production bottlenecks and delays that plagued the Model 3’s rollout.
Since the Model 3 was introduced in July, Tesla has struggled to ramp up production for the vehicle. Musk had said the company would be making 5,000 Model 3s per week by the end of 2017, but the company made just 2,425 during the fourth quarter.
In April, Musk said on Twitter that Tesla used too much automation in the Model 3 production process.
“Yes, excessive automation at Tesla was a mistake. To be precise, my mistake. Humans are underrated,” he wrote in response to a Wall Street Journal reporter.
Business Insider Emails & Alerts
Site highlights each day to your inbox.