Tesla CEO Elon Musk jokingly motions to kick before introducing the Model Y at Tesla's design studio Thursday, March 14, 2019, in Hawthorne, Calif. The Model Y may be Tesla's most important product yet as it attempts to expand into the mainstream and generate enough cash to repay massive debts that threaten to topple the Palo Alto, Calif., company. (AP Photo/Jae C. Hong)

Tesla CEO Elon Musk said he expects the new Model Y SUV to outsell the Model S, Model X, and Model 3 combined.
“I think it will probably sell, probably do more Model Ys than (Model) S and (Model) X combined, most likely,” Musk said.
While Musk remains optimistic about the vehicle, some on Wall Street have expressed concerns about the Model Y eating into sales for the Model 3.

Tesla CEO Elon Musk said he expects the new Model Y SUV to outsell the Model S, Model X, and Model 3 combined.

“I think it’s really compelling. I’m confident that of any mid-sized SUV, it will be the one you want,” Musk said at the Model Y unveiling event in Hawthorne, California, on Thursday evening, adding that Tesla would “probably do more Model Ys than (Model) S, (Model) X, (Model) 3 combined, most likely.”

Tesla opened up orders for the long-range and Performance versions of the Model Y after the event. Customers can place their orders on the company’s website for a deposit of $2,500.

Read more: The Tesla Model Y has staggering specs — but it isn’t a major new design for …read more


Source:: Businessinsider – Tech

      

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