Tesla CEO Elon Musk revealed on Sunday that the business will expose its Design Y crossover SUV at an occasion in Los Angeles on March14

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Musk made the statement on Twitter.

The occasion will be held at Tesla’s style studio, situated at SpaceX head office in Hawthorne, south of downtown Los Angeles.

The Design Y follows the Design 3, a compact sedan. The marketplace has actually anticipated a Design Y unveiling for a long time, and the March date makes good sense, as Tesla has in the previous exposed brand-new automobiles around that time of year. The all-electric car manufacturer pulled the cover off the Design 3 in April of2016 (The Tesla Semi and brand-new Roadster, nevertheless, were very first displayed in November of 2017.)

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Tesla urgently requires a compact crossover to complete in this popular sector. In the United States, sedan sales have actually entered what numerous market observers and even some car manufacturers think about to be a duration of structural decrease.

The Design Y teaser image.
Tesla

Customers have actually bid farewell to the four-door and accepted crossover SUVs, which integrate SUV flexibility with car-like driving attributes.

Musk included, likewise by tweet, that the Design Y would cost about 10% more than the Design 3, which is now readily available for order at a base cost of $35,000 The Design Y, he stated, would be 10% bigger than the Design 3 and attain a little less variety from battery back of the exact same size for both automobiles.

The Design Y, when its hits the streets, will satisfy a sort of inside-joke for Tesla: it’s lorry lineup will define “S3XY” with a Design S, Design 3, Design X, and Design Y.