• News
  • Guides
  • Reviews
  • Media
  • About
  • News
  • Guides
  • Reviews
  • Media
  • About
Sign up Now (For Free)

Sign up for our newsletter and receive the latest automotive news in your inbox!

Invalid email address
We promise not to spam you. You can unsubscribe at any time.
Thanks for subscribing!
News
Read Now
  • All News
  • Automakers
  • Automobiles
  • Auto Shows
  • Business
  • EVs & Environment
  • Guides
  • Lawsuits/Legal
  • Regulatory
  • Ride-Sharing
  • Safety & Recalls
  • Technology
Recent
  • First Look: 2024 Toyota Grand Highlander
  • Tesla Takes Top Two Sales Spots in California for 2022
  • New Vehicle Buyers Face Squeeze as Interest Rates Climb
  • The Inside Story of the 2024 Ford Mustang Dark Horse
  • Honda’s Big Bet on Fuel-Cell Tech Doesn’t Stop with Passenger Cars
  • First Look: 2024 BMW X5 and X6
  • Nissan, Renault and Mitsubishi Expand Global Partnership
  • Better the Second Time: Mercedes-Benz eSprinter
  • VinFast Raises Launch Concerns by Cutting 80 U.S. Jobs
  • Faraday Future Secures Cash, Prepares to Build Cars
Editor’s Choice
    Reviews
    Read Now
    • All Reviews
      • Feeder
    • Classic Cars
    • Concept Cars
    • Convertibles
    • Coupes
    • Crossovers/CUVs
    • Diesel
    • Hot hatches
    • Hybrids
    • Luxury Vehicles
    • Minivans
    • Muscle Cars
    • Pickups
    • Sedans
    • Sports Cars
    • Super Cars
    • SUVs
    Recent Reviews
    • A Week With: 2023 Kia Sportage Hybrid
    • First Drive: 2023 Honda Accord
    • A Week With: 2023 Lexus GX 460 Black Line
    • A Week With: 2023 BMW X1 xDrive28i
    • A Week With: 2023 Kia Niro EV
    • A Week With: 2023 Hyundai Palisade Calligraphy
    • A Week With: 2023 Ford F-150 Raptor R 4x4 Super Crew
    • A Week With: 2023 Genesis Electrified G80 AWD
    • A Week With: 2023 Land Rover Defender 110 V-8
    • First Drive: 2023 Honda Pilot TrailSport
    Editor’s Choice
      Guides
      Car Warranty
      • Endurance Warranty Reviews
      • BMW Extended Warranty
      • Extended Warranty For Cars Over 100k Miles
      • Extended Car Warranty Cost
      • Subaru Extended Warranty
      • CarShield Reviews
      • CarShield Cost
      • Aftermarket Car Warranty
      • CARCHEX Warranty Reviews
      • Reputable Extended Car Warranty Companies
      • Used Car Warranty Companies
      • Best Car Warranty
      • Is CarShield A Scam?
      • Mercedes Extended Warranty
      • CarShield Plans
      Insurance
      • How To Identify A Car Insurance Company
      • Geico Mechanical Breakdown Insurance
      • How Far Back Does A Car Insurance Company Look
      • Mechanical Breakdown Insurance For Used Cars
      • State Farm Mechanical Breakdown Insurance
      • Mechanical Breakdown Insurance From Progressive
      • Dollar A Day Insurance
      • Auto Insurance For SSI Recipients
      • Car Insurance Rates After A Suspended License
      • Auto Insurance For Salvage Vehicles
      • Average Cost of Dodge Ram 1500 Car Insurance
      • Car Insurance Florida
      • Full Coverage Auto Insurance
      • GrubHub Insurance
      • Amazon Delivery Auto Insurance
      Shipping
      • Car Shipping Companies
      • uShip Reviews
      • Auto Shipping From California To Hawaii
      • Montway Auto Transport Reviews
      • Cheap Car Shipping
      • Easy Auto Ship Reviews
      • Auto Shipping Miami
      • Auto Shipping To Alaska
      • Car Shipping Cost
      • Auto Shipping Hawaii
      • Auto Shipping Puerto Rico
      • Sherpa Auto Transport Reviews
      • Auto Shipping Atlanta
      • Auto Shipping Boston
      • Auto Shipping. Chicago
      About
      • About Us
      • Contact Us
      • Terms of Use
      • Privacy Policy
      • Affiliate Disclosure
      • Sitemap
      TheDetroitBureau.com

      More than just “another” place to find news, reviews, spy shots, commentary, features, and guides about the auto industry. TheDetroitBureau doesn’t stop with the press releases or confuse a few lines of opinion with insightful, in-depth reporting.

      Contact Us

      Like what you see? Have some ideas for making The Detroit Bureau.com even better? Let us know, we’d love to hear your voice.

        Media
        Listen Now
        • Headlight News: All Episodes
        More from TheDetroitBureau
        • Guides
        • Latest News
        • Auto Reviews
        • Podcasts
        Headlight News

        TheDetroitBureau.com’s Headlight News offers a look at the past week’s top automotive news stories, as well as what’s coming up in the week ahead. Check out the week’s top story and our latest review…along with a dive into the past with this week in automotive history.

        home > news > Automakers > Tesla Ready to Reveal Model Y, With All-Electric Pickup to Follow

        Tesla Ready to Reveal Model Y, With All-Electric Pickup to Follow

        But competition is heating up in both segments.

        Paul A. Eisenstein
        Paul A. Eisenstein , Publisher & Editor-in-Chief
        March 04, 2019
        Tesla CEO Elon Musk said the company will introduce the Model Y later this month.

        Tesla will reveal the much-anticipated Model Y battery-SUV during a March 14 event in Los Angeles, with a “futuristic” all-electric pickup to follow later this year, CEO Elon Musk said in a series of tweets on Sunday.

        The Model Y will be smaller than the current Model X, Musk confirmed, but larger – and more expensive – than the Model 3 sedan. But Tesla is betting that it could generate even more demand considering the ongoing market shift from passenger cars to light trucks.

        Product News!

        “Model Y, being an SUV, is about 10% bigger than Model 3, so will cost about 10% more & have slightly less range for same battery,” the 47-year-old Musk tweeted.

        Exactly what that will mean in terms of pricing is unclear. Tesla only last week announced it is finally ready to start selling the long-promised base version of the Model 3, at $35,000. A fully loaded version of the sedan can top $60,000. His comments would suggest that the electric SUV could nudge up towards $70,000 territory.

        (Musk confirms Tesla won’t be profitable in Q1. Click Here for the story.)

        The Model Y debuts in less than two weeks and will be more expensive than the Model 3.

        The South African-born executive previously said that the compact crossover will not feature the unusual “falcon wing” doors that are such a distinctive part of the bigger Model X – but also a source of significant quality and reliability issues. During a late January earnings call, meanwhile, Musk noted that, “three-quarters of Model Y parts are common with the Model 3 so (investments in the vehicle) are much lower.”

        That will be critical for Tesla in its bid to stay consistently in the black. The automaker squeaked out a small profit during the final three months of the year, marking the second profitable quarter in a row. But Musk last week said during a conference call that Tesla will lose money during the January-March quarter of this year.

        There are a number of unanswered questions about the Model Y, including production plans. The executive appeared to leave the final decision open during that call, suggesting it was likely the new battery-ute would be assembled at the Gigafactory plant in Reno, Nevada. But the final decision had not yet been made, he cautioned.

        The Model 3 became the world’s best-selling battery-electric vehicle in 2018, pushing past the Nissan Leaf. But there have been a number of analyst reports raising questions about the sustainability of that demand, something Tesla appears to be trying to address by finally rolling out the base-priced version of the Model 3. The problem is that the $35,000 price tag strains Tesla’s ability to deliver the car for a profit, a key reason Musk said Tesla plans to close most of its stores and focus on online sales.

        Whether there will be an under-$40,000 version of the Model Y is another question yet to be answered, but Musk is confident there will be strong demand for the vehicle, whatever the price.

        “We will probably see higher volumes for Model Y than Model 3,” he said in January, perhaps “double.”

        (Click Here for details about Musk’s declaration Tesla will have a driverless car by the end of the year.)

        That would be in line with the overall surge in sales of SUVs and CUVs in the American market. They now account for more than half of all new vehicle demand, while sedan sales have slid to barely a third of the market, with the shift continuing to accelerate.

        The Model Y is just one of several new products Tesla is developing. It is working on an all-new version of its very first vehicle, the Roadster, as well as a heavy-duty Semi for commercial freight haulers.

        Meanwhile, Musk also tweeted on Sunday that an all-electric pickup also will debut later this year.

        “Personally, I’m most excited by the Tesla Truck,” he wrote in a tweet “Maybe it will be too futuristic for most people, but I love it.”

        The exact timing for both the Model Y and the pickup to go on sale has not been announced, but Tesla will be facing a wave of competition in both categories. Jaguar already is selling its own battery-ute, the I-Pace, with all-electric utility vehicles coming from manufacturers as diverse as Aston Martin, Audi, Mercedes-Benz and Volkswagen. Jeep is planning four plug-in hybrids and CEO Mike Manley last week said it may also add some battery-electric models, as well.

        On the pickup side, meanwhile, Tesla is also facing competition. Start-up Rivian unveiled both a long-range truck and SUV at the Los Angeles Auto Show last November. Last month, online retailer Amazon announced a major investment in the Detroit-based company. Some expect General Motors may also team up with Rivian.

        (Tesla now selling $35K Model 3; selling vehicles online only. Click Here for the story.)

        Whether or not that happens, TheDetroitBureau.com reported in January that GM is exploring options for a battery-electric pickup. And Ford Motor Co. has publicly announced plans for an electric truck that is expected to be based on its F-150, the best-selling vehicle in the U.S. market.

        How to Care for Your Car

        Cheap Car Warranty

        Editor's Choice

        Best Extended Car Warranty

        Editor's Choice
        Recently Published
        Toyota Grand Highlander Chicago debut with Matazzaro

        First Look: 2024 Toyota Grand Highlander

        Yesterday
        2021 Tesla Model Y blue

        Tesla Takes Top Two Sales Spots in California for 2022

        Yesterday
        February car sales

        New Vehicle Buyers Face Squeeze as Interest Rates Climb

        Yesterday

        Leave a Reply Cancel reply

        Your email address will not be published. Required fields are marked *

        Share this article:
        © The Detroit Bureau 2023
        • Guides
        • Privacy Policy
        • Terms of Use
        • Affiliate Disclosure
        • Contact Us
        • Sitemap
        Follow Us: