Why Tesla's Model Y Crossover SUV Is Good For Them

Credit: Wochit
Published on March 23, 2019 - Duration: 00:37s

Why Tesla's Model Y Crossover SUV Is Good For Them

Unveiled at Tesla's Los Angeles design studio last week, their new Model Y crossover could be Tesla's most important vehicle for the future.

Business Insider explains why, "The (crossover SUV) segment is red-hot at the moment for sales, and Tesla can use all the money it can get." Tesla CEO Elon Musk believes that the Model Y has the potential to eventually outsell every other Tesla combined.

Business Insider says, "Crossovers have dethroned sedans in the US, the world's most dynamic and competitive auto market." Model Y's pricing, from $40-$60,000, is being seen as a bargain buy for the luxury space.

Business Insider adds, "Good Model Y sales and leasing could compel Tesla to start offering more of its own financing."

Advertisement

You are here

Recent related videos from verified sources

VW To Launch Full Electric SUV To Compete With Tesla 00:36
Credit: Wochit Business - Published 4 days ago 

Elon Musk Offers Dark Preview Of New Tesla Pickup Truck 00:46
Credit: Wochit - Published on March 18, 2019 

Tesla Unveils Long Range Model Y 00:37
Credit: Wochit - Published on March 15, 2019 

Elon Musk Predicts Tesla's Model Y Will Outsell All Other Teslas Combined 00:41
Credit: Wochit - Published on March 15, 2019 

A Low-Key Elon Musk Unveils the Tesla Model Y Crossover SUV 00:46
Credit: Time - Published on March 15, 2019 

Tesla To Unveil Model Y SUV 00:49
Credit: Wochit - Published on March 14, 2019 

Tesla Gains Ahead Of The Company's Model Y Unveiling 00:44
Credit: Wochit - Published on March 14, 2019 

You might like