Elon Musk and Tesla took to the stage last week to unveil the company’s latest car, the Tesla Model Y. The compact crossover is based mostly around Tesla’s Model 3, and the long-range model of the car will go on sale sometime in the fall of 2020, with pricing starting at $47,000. This marks the second time Tesla has tried its hand at delivering a car aimed for the mass market, and with the lower entry pricing of the Model Y it will likely be hoping for a lot more buyers than the Model 3 saw. 

During the reveal, it was announced that the long-range Model Y will be able to travel 300 miles on a single charge, with Tesla having plans to release two other versions of the Model Y; a $60,000 performance version that will be able to travel from 0 to 60 mph in 3.5 seconds, and a standard range version that will be priced at $39,000, but can only travel 230 miles in a single charge. Both the performance and long-range models will be available in the Fall of 2020, but those looking to pick up a standard range will have to wait until Spring 2021 to get their hands on one.

Tesla Model Y

As far as looks go, the Model Y seems to sport many features of the Model 3. The interior of the car is very similar to the Model 3, down to the 15-inch touchscreen pad centered on the car’s dash. According to Tesla, the Model Y will come equipped with a panoramic glass roof, will be able to seat seven, and will feature 66 cubic feet of cargo space, which it puts it right in the middle of the pack among other compact crossovers. 

Speaking to the crowd during the Model Y reveal, Musk bragged that the upcoming crossover will have the functionality of a typical crossover, but will be able to ride “like a sports car,” with the car supposedly being very tight in corners. Taking a moment to discuss the safety of the car, Musk also said that by the time the car is ready to release, Tesla expects the Model Y to be the safest compact crossover in the world, by a large margin. 

Perhaps the most important feature of the Model Y, however, is that it is “feature complete” when it comes to its built-in features. According to Musk, the Model Y will be able to do "basically anything” other Tesla vehicles can do, and all it will require is software upgrades as they’re rolled out. For those wondering if they’ll be losing out on anything for potentially choosing a new car, this should help calm any fears.

For Tesla, the Model Y and its subsequent success will likely be make or break. Not only did the company have a rough time producing so many of its Model 3s, but sales for the car have slowed quite a bit since its launch. Obviously, the addition of “standard range” vehicles at much lower price points is something Tesla is hoping will reinvigorate their sales, and getting those out as quickly (and pain free) as possible will be key to the company moving forward. 

We’ll likely learn more about the Model Y in the coming weeks, but for now, it looks as if Tesla is finally finding its groove when it comes to mass-market vehicles, and perhaps this will be the car that has us all switching to electric.