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Tesla Model Y SUV to be built in Shanghai

Xinhua
Unveiling the new mid-sized SUV at a presentation, Musk said the new model will not only be built in the United States, but also in the massive new plant in Shanghai.
Xinhua
Reuters

Tesla Inc's Model Y electric sports utility vehicle is pictured in this undated handout photo released on March 14, 2019.

Tesla CEO Elon Musk said on Thursday night that the California-based electric vehicle maker's new Model Y SUV will be produced in the company's new plant in Shanghai, China.

Unveiling the new mid-sized SUV at a presentation, Musk said the new model will not only be built in the United States, but also in the massive new plant in Shanghai.

"We have a great team in China. (The new Shanghai plant) is going to be really important for making affordable versions of the Model 3 and Model Y for the China market," he said.

Musk also confirmed that the new plant, which the company broke ground on earlier this year, is on track to be completed by the end of the year. The plant will initially build just Model 3 sedans before adding Model Y production.

SHINE

An artist rendition of the Tesla plant in Shanghai.

The new facility is larger than the company's current production site in Fremont, California, and the Gigafactory near Reno, Nevada. This will allow for plenty of room to build the two vehicles.

The Model Y will initially only be offered in the "long-range" configuration. It will travel 300 miles (about 482.8 kilometers) on a single charge. It will also race from 0 to 60 miles per hour (96.6 kilometers per hour) in 5.5 seconds and have a top speed of 130 mph. It will cost US$47,000 and allegedly be available in fall 2020.

There will be three other versions of the SUV, including the "standard-range" model. It will cost US$39,000 and will be available in spring 2021.

There are two other models: a dual motor all-wheel drive version and a "High-Performance" version. They will cost US$51,000 and US$60,000, respectively.

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