Musk adds new Model Y to electric car line-up

Musk adds new Model Y to electric car line-up
The car was unveiled at an event in Los Angeles. The firm will first release a long-range version of the vehicle with a price tag of $47,000 (£35,489).

Chief executive Elon Musk said a standard-range model priced at $39,000 would be available in 2021.

It comes after a challenging period for Tesla, with production issues and legal problems for Mr Musk.

The Tesla boss had previously described the Model Y as part of a plan to reach a wider audience, following on from the Model 3 - the cheapest car in its range, which was launched in 2017.

The first, more expensive Model Y will have a range of 300 miles (482 km). Deliveries are expected to begin in next year.

The standard model will have a range of 230 miles per charge.

By contrast, the Model 3 has a range of 220 miles, a top speed of 130mph and 0-60mph acceleration of 5.6 seconds.

More than 400,000 signed up for the car but it faced production issues and the prices were higher than expected, averaging $50,000.
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