Tesla’s upcoming Model Y crossover could be the company’s most important model yet, finally propelling it into a long-promised self-sustainable future, according to the latest information from the supply industry and hints from company boss Elon Musk.
Although the Model Y is set to be based on the structure that underpins the existing Model 3 saloon, the fourth vehicle in Tesla’s range will be produced in a radically different way to its predecessors.
Autocar understands that the Model Y could be built outside the US, is likely to feature a new electrical architecture and will be more thoroughly resolved from a manufacturing perspective. Perhaps most importantly, though, it will compete in a much bigger market segment than the troubled Model 3. Industry experts believe the demand for electric crossovers will explode in the coming years.
The Model Y will fight for market share against the likes of the Jaguar I-Pace and Audi E-tron. The announcement of a 2020 launch for the Model Y came in early May during an earnings call with analysts, during which Musk came under fire for an eccentric performance. The company CEO’s insistence that the Model Y was only “24 months” away from launch exasperated some who felt that Tesla should be concentrating on getting production of the Model 3 back on track. There was also bafflement about the prospect of adding a new model because, as Musk himself said, Tesla’s factory in Fremont, California, is already “jam-packed”.