Top: Musk adds new Model Y to electric car line-up

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Model Y

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Tesla

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Teaser footage of the Mannequin Y had been launched by Tesla forward of the launch

Tesla has launched its newest automobile, the Mannequin Y, its second mass-market electrical automobile.

The automobile was unveiled at an occasion in Los Angeles. The agency will first launch a long-range model of the automobile with a price ticket of $47,000 (£35,489).

Chief govt Elon Musk mentioned a standard-range mannequin priced at $39,000 can be obtainable in 2021.

It comes after a difficult interval for Tesla, with manufacturing points and authorized issues for Mr Musk.

The Tesla boss had beforehand described the Mannequin Y as a part of a plan to achieve a wider viewers, following on from the Mannequin 3 – the most affordable automobile in its vary, which was launched in 2017.

The primary, dearer Mannequin Y may have a variety of 300 miles (482 km). Deliveries are anticipated to start in subsequent 12 months.

The usual mannequin may have a variety of 230 miles per cost.

In contrast, the Mannequin Three has a variety of 220 miles, a high velocity of 130mph and 0-60mph acceleration of 5.6 seconds.

Greater than 400,000 signed up for the automobile but it surely confronted manufacturing points and the costs had been larger than anticipated, averaging $50,000.

The worth was lowered to $35,000 in March.

The Mannequin Y may have lots of the identical options because the Mannequin Three however might be about 10% larger.

The Mannequin Z – the Y’s dearer sibling – has a beginning worth of $79,500.

Rocky highway

It hasn’t been a simple few years for Tesla.

Manufacturing points have plagued it, and 2018 proved a extremely controversial 12 months for chief govt Elon Musk.

A tweet about taking Tesla non-public led to him being sued by the Securities and Alternate Fee, and he additionally confronted a defamation declare over a tweet.

This 12 months didn’t begin on a significantly better footing.

In January, the agency introduced it was chopping about 3,000 jobs, with Mr Musk describing the earlier 12 months as essentially the most difficult within the agency’s historical past and acknowledging that the automobiles had been nonetheless “too costly for most individuals”.

Tesla introduced it will shut down a considerable variety of its shops, however later modified its thoughts and mentioned it will elevate the costs of its automobiles – however not the Mannequin 3 – as an alternative.

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