Tesla Model Y is due to be unveiled at 2pm today.
Tesla Model Y is due to be unveiled at 2pm today.

Musk previews new Model Y Tesla

TESLA will show off its new Model Y compact SUV this afternoon at 2pm.

The Model Y is expected to be built on the same platform as the Model 3 and share many of its components.

Expect the Y to resemble a smaller version of the Model X SUV but without the controversial "falcon wing" doors.

The Y will share a number of components with the 3 but is expected to have slightly less range due to increase in weight from the SUV body.

There are likely to be a number of variations available, including all-wheel drive dual-motor versions and single-motor rear-wheel drive layouts. The Y is likely to have different battery options, giving a wide variety of ranges and prices.

Tesla has not given exact pricing for the Y but the company's chief, Elon Musk, has previously tweeted that the Y should cost about 10 per cent more than the 3 because it's 10 per cent bigger.

However, there has been no promise of an equivalent to the headline-grabbing US$35,000 ($49,000) Model 3 standard range. Tesla and Musk have been under constant pressure to lower costs to make the Model 3 feasible at that price range.

Only recently Musk announced the closure of a number of its stores and mooted the potential closure of a further 20 per cent of stores to make the base version 3 a reality.

The popularity of SUVs means the more affordable Y should be brand's most popular model.

The Y is expected to be built on the same platform as the 3.
The Y is expected to be built on the same platform as the 3.

However, don't expect the Y on the road any time soon, as production is not tipped to start until next year. It could take several years for the vehicle to arrive in Australia, especially if it follows the precedent set by the 3.

Potential Australian buyers of the 3 are still waiting for their vehicles after placing a $1500 deposit on them in March 2016. Tesla has been unable to give an exact time frame on delivery dates for the 3 locally simply saying the first orders are expected to be filled in the middle of this year.

The first Australian deliveries of the Model 3 are expected in the middle of this year.
The first Australian deliveries of the Model 3 are expected in the middle of this year.

Coincidentally, yesterday Australian customers were the first in the world to get a ride in the new Mercedes EQ C electric SUV which is due towards the end of this year or early 2020.

It is one of a wave of new electric vehicles by traditional car makers lining up to take a shot at the electric front runner.

Audi is expected to launch its first electric e-tron SUV later this year but it has been plagued with production issues.

Volkswagen announced earlier this week that it plans to roll out 70 electric vehicles across its network of brands by 2028 and to potentially go into the business of building batteries and components.

The Y should have the same shape as the X but without the doors.
The Y should have the same shape as the X but without the doors.

And Jaguar has beaten all the larger car makers to market with its I-Pace SUV launching late last year.

Hyundai now has the Ioniq electric car on sale in Australia and the electric Hyundai Kona is due to launch imminently. Kia has also said that it plans to launch its small electric SUV but supply constraints have delayed the local launch.


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