Photo: Tesla
With the troubled times of 2018 well behind it, Tesla can now look forward to the completion of its S3XY lineup of cars next year, when the Model Y should start rolling down assembly lines. And that moment could be sooner than we all thought.
In March 2020 we will be celebrating one year since Elon Musk pulled the wraps off the electric crossover, and we are yet to see on in private hands, on public roads. However, that may change before we hit that deadline, according to a report by Deutsche Bank.
In a research note released by the financial institution and cited by CNBC, the Germans say Tesla should begin shipping the Model Y by the end of next year’s first quarter. That should allow it to take full advantage of nearly a full year of sales, and is also well in advance of the promises made by Musk himself, who was targeting a late 2020 launch.
“The Taiwanese suppliers are now indicating that the Tesla is accelerating orders to enter mass production a full six months ahead of the original schedule,” said in a note according to the source Emmanuel Rosner, Deutsche Bank senior auto analyst.
“This would mean that the Model Y could be available to the public in the first quarter of next year,” he concluded.
The report is based on word coming from Tesla suppliers, who claim the pace of parts orders for the Y accelerated recently (as did for the Semi truck Tesla has been working on for a while now).
Musk himself already expressed his confidence that the Model Y will outsell all three other cars of the carmaker’s lineup combined.
The Model Y will be offered in RWD or AWD configurations, with ranges from 280 miles on the dual-motor to 300 miles on the single motor. Prices start at $43,700.
In a research note released by the financial institution and cited by CNBC, the Germans say Tesla should begin shipping the Model Y by the end of next year’s first quarter. That should allow it to take full advantage of nearly a full year of sales, and is also well in advance of the promises made by Musk himself, who was targeting a late 2020 launch.
“The Taiwanese suppliers are now indicating that the Tesla is accelerating orders to enter mass production a full six months ahead of the original schedule,” said in a note according to the source Emmanuel Rosner, Deutsche Bank senior auto analyst.
“This would mean that the Model Y could be available to the public in the first quarter of next year,” he concluded.
The report is based on word coming from Tesla suppliers, who claim the pace of parts orders for the Y accelerated recently (as did for the Semi truck Tesla has been working on for a while now).
Musk himself already expressed his confidence that the Model Y will outsell all three other cars of the carmaker’s lineup combined.
The Model Y will be offered in RWD or AWD configurations, with ranges from 280 miles on the dual-motor to 300 miles on the single motor. Prices start at $43,700.
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