Saturday, 25 May, 2019

Tesla to unveil Model Y SUV as electric vehicle competition heats up

Tesla Reveals Model Y ‘Baby SUV’ Tonight: How To Watch Live Elon Musk set to unveil Tesla's latest passenger vehicle tonight in Los Angeles
Russell Knight | 15 March, 2019, 07:28

As far as a release date is concerned, the Model Y is slated to become available sometime in early 2020. For anyone who questioned why the Model Y was unveiled now, this is your answer. Those who follow Tesla may have been mildly surprised by this, as the solar roof in particular got a lot of attention a few years ago, but has been nearly completely overlooked lately.

The Model Y may be Tesla's most important product yet as it attempts to expand into the mainstream and generate enough cash to repay massive debts that threaten to topple the Palo Alto, California, company.

Tonight in Los Angeles, Tesla CEO Elon Musk showed off a prototype version of the Model Y, the fourth mass-produced vehicle that the electric auto maker will bring to market.

Model Y from the rear.

Front Shot of Model Y.

Tesla Reveals Model Y ‘Baby SUV’ Tonight: How To Watch Live

Tesla will tonight unveil its attempt to break into the fast-growing "crossover" vehicle segment, revealing the highly anticipated Model Y. Test rides of the Model Y are also in store.

Teased image of Model Y from Tesla Photo: Tesla Inc. The long-range 300-mile range version will be available for $47,000 fall 2020.

Shares of Tesla are down 24 percent from a year high of $379.57 in August, when Musk tweeted that he was taking Tesla private. So, it's a good idea to remember that if you happen to be one of the folks plunking down deposits for the first Model Y crossovers, it might be late showing up in your garage.

The CEO also remarked that the vehicle could achieve 0 to 60 miles per hour in 3.5 seconds, and he added that the vehicle would have a very low center of gravity, as is common with most electric vehicles with batteries under their floor. The Model Y wasn't hiding a truck, the Model S and X aren't refreshed, and at the end of the event, it was just the Model Y. Tesla struggled to churn out Model 3 vehicles as quickly as Musk promised investors, especially in the two quarters following the Model 3's production-line announcement. The history of Tesla and its various problems led us to this point, where Musk expects that Tesla can confidently deliver on its production goals exactly as expected.

Oil Prices Increase as US Lowers Crude Production Estimates
An unexpected dip in USA crude oil inventories and production also lifted prices, traders said , Reuters reported . Market shortages have been exacerbated by U.S. sanctions on oil exports by OPEC members Iran and Venezuela .

Google sets new Guinness World Record on Pi Day
Moving forward, she wants to help other budding mathematicians who are interested in unearthing pi's numbers like her. Iwao, who is based in Seattle, USA, achieved the feat by using Google's cloud computing service.

Sadio Mane double sends Liverpool through to Champions League quarterfinals
Mane now has seven away UCL goals for the Reds - overtaking one Steven Gerrard who was the previous record holder. The Reds advanced to the Champions League quarter-finals thanks to goals from Virgil van Dijk and Sadio Mane .

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