BloombergTesla Inc chief executive officer Elon Musk on Thursday night unveiled a cheaper electric crossover sports utility vehicle (SUV), the Model Y, in a bid to regain momentum after a rough start to the year. The new Model Y might also help Tesla shift its lineup toward the tastes of US consumers, who are increasingly ditching sedans for bigger crossovers and SUVs. At the Model Y’s unveiling, Musk said nothing about taking orders or deposits, although Tesla’s Web site allows people to make “fully refundable” pre-order payments of US$2,500. The Model Y is making its official debut after a rough patch for Tesla and Musk. The SEC’s next filing in the ongoing saga is due with a federal judge in New York by Tuesday.
Source: Taipei Times March 15, 2019 15:56 UTC