Tesla last night unveiled the latest member of its passenger vehicle family, the Model Y crossover SUV, which sports a range of up to 300 miles, seats seven, and has a price tag of US$47,000.
Chief executive Elon Musk has predicted the model will sell better than the other three combined.
Deliveries of this long-range base-model version of the car will begin in the fall of 2020, but the car is available to pre-order, of course, with a deposit of US$2,500. A cheaper, shorter-range, version of the Model Y, at US$39,000 will be made available to customers in the spring of 2021. Its battery would have the capacity to last for 230 miles.
There will also be a more expensive version of the Model Y, The Verge reported, with a price tag of US$51,000 that will feature an all-wheel drive and a dual motor. A third, even more expensive version will be a performance Model Y that will sell for US$60,000. Both of these will be made available to customers at the same time as the base model.
Read more: Oil Price