Tesla CEO and co-founder Elon Musk says that production planning for its next electric vehicle, the Model Y electric SUV, is ahead of schedule and it will be launched in the northern hemisphere’s summer of 2020, instead of its autumn.
Fortified by a solid quarter that saw almost 80,000 Model 3s delivered globally, delivered a profit that beat analysts expectations, and boosted cash and equivalents, Musk said the company was ahead of schedule for its new electric crossover SUV.
“We’re ahead of schedule on Model Y preparations in Fremont and we’ve moved the launch timeline from fall 2020 to summer 2020,” Musk said during the Californian car-maker’s quarterly earnings call on Wednesday afternoon (US time).
The new start date also confirms a leak we reported on last Wednesday, that came as spotters started seeing release candidates of the Model Y recently in California.
Musk has taken a ride in one of these prototypes himself – and is so pleased with new electric crossover he thinks it will outsell all other Tesla vehicles combined.
To read the full story on RenewEconomy’s electric vehicle dedicated site, The Driven, click here…
