Friday 13 November 2026 Industry news by email, Tuesday and Thursday: sign up
Advertisement
News / Industry News Industry News

Tesla to reveal Model Y – drops S and X prices

Geoff Dobson · 0 comments

Tesla will unveil its Model Y on March 14 in Los Angeles.

Its chief executive Elon Musk said more than a year ago that the Model Y would be unveiled on March 15, 2019 – mentioning the Ides of March.

The March 14 reveal at Tesla Design Studio in Hawthorne, California, has been confirmed in a recent tweet from Musk.

Advertisement

Tesla plans to bring the Model Y SUV to production as soon as 2020, “most likely” at Gigafactory 1 in Nevada.

Earlier, the company confirmed plans for Model Y production at its Gigafactory 3 in China during a construction starting ceremony there.

The Model Y is likely to be a higher and bigger version of the Model 3 – Musk says about 10% bigger, costing 10% more and having slightly less range on the same battery.

It’s expected to feature a hatchback but not gull wing doors

Detailed specs and pricing will be announced at the March 14 event where Model Y prototypes should be available for test rides.

Meanwhile, Tesla has heavily cut the pricing of its Model S sedan and Model X SUV performance models.

That comes just after the company announced its new and cheaper base Model 3.

https://mm.carsales.com.au/carsales/iserver/FCID=469969/site=cs.editorials/area=editorialdetails/size=1×1/viewid=750114157/random=857994850

Proportionally large price cuts have been made to other Model S and Model X variants.

In a blog post, Tesla says shifting all sales online and other cost efficiencies enable a lowering of prices by about 6% on average.

Tesla has also announced it will close many US retail stores.

It remains unclear whether Australian and New Zealand Tesla stores will be affected.

Geoff Dobson

Geoff Dobson is an 'old-school journo' thriving in a world of new technology. With 40-years of journalism experience already behind him, Geoff joined Auto Media Group three years ago to lead its EVtalk titles. A keen cyclist, he puts his Auckland commute to good use testing ebikes and scooters along the North Western cycleway.

All articles

Join the conversation