With an estimated 300 mile range and current starting price of $42,700 (a 230 mile, $39,000 Standard will begin production in 2021), the Model Y buts up against offerings from Kia and Hyundai. But once you start stacking features into the vehicle, it starts bleeding into the range of Audi’s E-Tron and Jaguar’s I-Pace.

One thing it won’t have are those Falcon doors found on the Model X. They’ve been both polarizing to potential and created a headache for the company during manufacturing.

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Musk announced that pre-orders for the vehicle are open right now. The CEO also said that the Model Y should be coming off production lines in 2019. has had difficulty in the past delivering its EVs within its own announced timelines. 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.

Still, the company expects the Model Y to do well. During a conference call with investors back in January, Musk said he expects demand for the Model Y to be larger than that for the Model 3. Judging on US SUV sales overall, he might be right.

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While the Model 3 has largely been a sales success for the company, it’s also a sedan and that segment hasn’t been doing particularly well over the past few years with consumers opting for SUVs at an increasing rate. The Model Y gives Tesla the opportunity to tap into that growing market. Sure the Model X is an SUV, but its high price put it out of the reach of regular folks looking for an electric . There’s also those doors.

The latest Tesla (like all their cars) is quick. The dual-motor performance model Ywill do zero to 60 in 3.5 seconds while the dual=motor long-range Model Y will cover that in 4.8 seconds. The single-motor rear-wheel drive long-range version will hit 60 miles per hour in 5.5 seconds.

With the Model Y, Tesla has finally unveiled the last vehicle in its “S3XY” roadmap. Get it; Model S, Model 3, Model X and Model Y? Yeah.

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