Tesla says it’s ready to start delivering the Model Y compact SUV in the first quarter of 2020, in a letter to investors. That’s ahead of schedule, a first for the company.
If the Model Y starts shipping in March, that’s several months ahead of the original estimate of “fall 2020” espoused by the company at the Model Y launch event in 2019.
Tesla’s website on Wednesday showed that the $52,990 all-wheel drive “long range” version of the Model Y, as well as the performance version, will start shipping in March of 2020. The company also said it was able to increase the ultimate range from 280 miles to 315 miles.
The cheaper, standard range version with a range of 230 miles was originally slated for 2021, and will start closer to $40,000, but Tesla did not announce any changes to that version of the Model Y on Wednesday.
The Model Y was teased for years, but was formally announced in March 2018. While Tesla calls it a compact or crossover SUV, the Model Y shares about 75 percent of its parts with the Model 3 sedan, and the two electric vehicles are extremely similar.
The Model Y has a bit more headroom and a third row. The fold-down seats in the third row are very small, and there’s not much space, at least as of a demo ride last year. Otherwise, the Model Y features the same sparse interior and dashboard-mounted touchscreen display for which the Model 3 is known.