By Alex Davies
Itâ€™s been a weird few weeks for Tesla. Stores opened and stores closed, a $35,000 Model 3 appeared, the SEC asked a federal judge to charge CEO Elon Musk with contempt of court. But drown it all out, folks, because tonight is about that old school Musk magic. Expect him to walk onstage around 8 pm PDT to unveil Teslaâ€™s latest, greatest offering, the Model Y, its first baby SUV.
If the Model 3 was the EV for the masses, the Model Y is the EV for the masses that the masses really want. The US loves big cars: SUV and crossover sales are currently up 13 percent year-over-year, and just short of half of all light vehicles sold in 2018 slot neatly into those categories. And Tesla certainly believes it has a hit on its hands. â€œThe demand for Model Y will be maybe 50 percent higher than Model 3. Could be even double,” Musk said during a January earnings call.
As the hour of the unveil draws near, though, we have plenty of questions. Musk told investors that the Model Y would share about 75 percent of its part with the Model 3â€”but how different will it look? How much will it cost? Will it have gullwing doors like its more expensive predecessor, the Model X? How about a third row of seats? When will it be available? And how does Teslaâ€”the company that went through â€œproduction hellâ€� to create the Model 3â€”intend to pull it all off?
Tune in with us as we watch the show go down, and check back below for our latest, live updates.