A while ago Tesla Motors revealed that it will be introducing the Model X in UK at the Goodwood Festival of Speed and Moving Motor Show. This time around, Tesla CEO Elon Musk revealed that the company will be introducing the Model Y, a compact SUV which will be based on the Model 3 platform. With this, the company will complete the ‘S3XY’ lineup which they have been longing for quite some time now.
The Model Y will be introduced in the market after the launch of Model 3 and it is believed that it could be priced around a similar range. Though much details about the Model Y is not known for now, reports indicate that the upcoming compact SUV might get Falcon Wing doors. Adding further the company anticipates to witness demand for Model Y to be in between 5,00,000 to 1 million units post launch.
It is believed that Tesla Motors is also working on a mini bus project that might be built over the Model X chassis. Moreover, the company might also work on expanding its range of body styles and transport options, while also increasing the role of autonomous driving technology. At a later date the company also expects to see customers adding their cars to a Tesla ride sharing fleet and use it when they are not driving it. The compact SUV is expected to be offered with loads of modern safety features and more about it will be known in the coming months.
