The long-range model will have a range of 300 miles, a top speed of 130 km / h and a time of 5.5 seconds (0-60 miles per hour), starting at $ 47,000 (about £ 35,500). The dual-engine model will start at $ 51,000 (£ 38,500) and has a slightly shorter range of 280 miles, but a higher top speed of 135 km / h and a time of 4.8 seconds (0-60 mph).
The Dual Motor Performance model has a range of 280 miles, but increases the top speed to 150 and reduces the sprint time from 0 to 60 miles per hour to 3.5 seconds. It is sold for about $ 60,000 (£ 45,000).
A standard range version will follow later in the spring of 2021 for $ 39,000 (approximately £ 26,000) with a range of 230 miles, a top speed of 120 miles per hour and a time of 5.9 seconds (0-60 miles per hour).
Model Y is compatible with Tesla's third-generation superchargers, which can charge 250 kW. Cars will be able to reach 75 miles within five minutes and charge fees up to 1,000 miles per hour. Tesla now has more than 12,000 compressors in 36 countries worldwide.
The Model Y has a similar interior layout to the Model 3, with a single 15-inch touch screen surface containing all the controls on the vehicle, rather than a conventional instrument cluster. It will also include the same self-propelled hardware, including autopilot, which can be unlocked and wirelessly upgraded as new features are approved by regulators.
The second-row seats, which fold up, and a forward trunk provide maximum storage space of 66 cubic feet or more than 1800 liters.
Tesla has not yet confirmed where the model Y is produced. Recent reports indicate that it could be built at the company's Gigafactory facility in Reno, Nevada. Model 3 production is expected to remain at the Fremont, California facility. Chinese cars are expected to be built in the Tesla factory in Shanghai, which is still under construction and is expected to be completed by the end of 2019.
The Model Y is likely to be of key importance to Tesla as global demand for SUVs is significantly higher than in sedans. Musk predicted that Tesla would sell more Model Ys than Model S, X and 3 together. The company opened pre-orders after the car was revealed. The customers asked for a deposit of 2500 USD. Type Y cars with seven seats will not be available until 2021.
The company is also facing new challenges from European car manufacturers such as Audi, BMW and Mercedes-Benz, which are preparing to launch their own premium SUVs. Similarly expensive competitors like the Kia e-Niro and the Hyundai Kona Electric offer a lower range. The company recently announced its intention to make only online sales and intends to close its physical business. However, the decision was reversed due to setbacks by customers and employees.