Tesla unveils Model Y electric SUV and it’s ready for the masses

The Model Y is expected to start rolling off the assembly line later this year

blank - Tesla unveils Model Y electric SUV and it's ready for the masses

After much anticipation, Elon Musk has finally unveiled the Tesla Model Y, the company’s all-new mid-size electric SUV.

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Slated to hit dealers as early as this year, the Model Y will first be available as a 300-mile, 5-seater for $47,000 to $60,000, depending on the options you choose. By 2021, the company hopes to have a more affordable 230-mile version which is set to retail starting at $39,000.

While Musk was visibly excited when talking about the upcoming release, some are a bit apprehensive to join the joy train because of the company’s history of failed promises. For example, though Musk has stated that the Model Y should be coming off production lines in 2019, there are still unanswered questions regarding the location of manufacture and issues of scale.

During the 34-minute presentation, Musk touched on a number of his interests that didn’t involve the Model Y, including a revised history of his company, supercharging stations in Kazakhstan, and of course Mars. In fact, in typical Elon Musk fashion, the billionaire CEO predicted that his cars will be driving on the red planet within the next 10 years.

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