Elon Musk has no time to linger over one of his favorite products. His empire of clean vehicles needs his attention for latest challenges. Therefore, with the Tesla Model 3 still in its preorder stage, the young tech guru has already started his next project. This time it is about Tesla Model Y that features a concept that is still a theory of a crossover electrical vehicle.
EV Enthusiasts Believed Model Y Would Be an Improved Version of Model 3
Tesla Model Y is going to resemble the concept of a crossover SUV which Honda CR-V and Ford Escape has already attempted to replicate. The initial rumors shaped the next challenge for Tesla as an improved version of the Model X which starts from a sedan counterpart. As a consequence, for the past few years, EV enthusiasts speculated on the numerous possibilities that this latest project would end up being eventually.
Therefore, most of the time they envisioned a reinforced Model 3 as the company made it a routine strategy to take a vehicle like the first SUV, Model X, and turn it into a better concept. This is exactly what happened to Model S.
Tesla Needs New Gigafactory to Accommodate a Generous Inventory for Upcoming Model
On the other hand, CEO Elon Musk assured his shareholders in a recent official meeting that the upcoming rage would be a completely original case. The only few details known about the upcoming Model Y are pointing towards a similar demographic market that Model 3 has. Therefore, the innovative crossover EV has to be easy enough to manufacture to ensure a rich inventory for EV enthusiasts.
At the moment, the United States is in dire need for more SUV products. This is actually the type of vehicle the market demands. Therefore, Tesla has to be careful how it shapes its concept so as to indulge numerous types of clientele. However, the company has to solve a logistics issue above all. Its most advanced automotive plant in Fremont can no longer support the production of a new model. Therefore, the company has to build another Gigafactory someplace else.
Elon Musk is confident that the new factory will be geared with latest features to ensure a faster building process with less capital expenditure. The projected launch year is 2019. The young CEO believes the demand would be higher than for Model 3.
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