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.
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