Seven-seater Tesla Model Y deliveries to start in December

Daniel Fowler
October 16, 2020

Musk also took to Twitter to announce some news regarding Tesla's newest model: The Model Y. According to his tweet, the Model Y, a small, crossover, will soon be available in a seven passenger version. The Model S makes up only around 5 percent of Tesla's unit volume, a Credit Suisse analyst said in a note to investors.

Tesla will begin production of the seven-seater Model Y in November and commence deliveries to first customers in December, Elon Musk said on Wednesday (US time). Their price? $69.420. Why the extra digit?

Musk announced "The gauntlet has been thrown down!" It's amusing though, right?

Pricing and performance details have been announced for the entry-level Lucid Air set to hit the USA market in 2022.

Tesla cut the price for its Long Range Model S vehicle twice in the past three days - and the latest discount is based on jokes about sex and pot. Roadshow by CNET reported yesterday the automaker quietly cut $3,000 off the Model S earlier this week, potentially in a bid to outdo Lucid before its announcement today. Tesla's website now shows two variants - Performance and Long Range AWD, and both employ the dual-motor AWD system.

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And it's not just Lucid. Range for both models is similar, with the base Air promised with 406 miles versus the Tesla's 402 miles.

Neither is it known how much the Model Y will cost in Australia, although recent estimates put a starting price at around $85,000 (check this calculator to see real-time estimates by state).

CEO Peter Rawlinson told TechCrunch that the Lucid Air model would be available at a price "surprisingly lower than $80,000", putting the vehicle in direct competition with the Tesla Model S.

Material from Reuters was used in this report.

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