Tesla’s Shanghai Gigafactory Will Make Model 3 and Y Cars

Tesla Shanghai Gigafactory will produce Model 3 and Model Y cars for greater China region.

Elon Musk Shanghai Giga will produce affordable versions of 3/Y for greater China. All Model S/X and higher cost versions of Model 3/Y will still be built in US for Worldwide market including China.

The Model Y will be a crossover and will be similar to the Model 3 sedan. The Model Y will be taller and will have a hatch. It could feature Falcon Wing doors and a panoramic windshield like the larger Model X.

Model Y will have 200 to 300 miles of range on a single charge and 3.5- to 5.5-second 0-60 mph acceleration times.

Production should start in 2020. It should be officially unveiled around March, 2019.

Tesla plans to release a fully autonomous self-driving system in 2019.

Tesla plans to sell 500,000 to a million crossovers a year. Elon Musk has mentioned a possible $5,000 price increase over the Model 3, so $40,000 at the low end might be in the ballpark.

Shanghai Giga will produce affordable versions of 3/Y for greater China. All Model S/X & higher cost versions of Model 3/Y will still be built in US for WW market, incl China.

— Elon Musk (@elonmusk) January 7, 2019

The high-end versions of the Model 3 will have the same price later. There will be lower-end models produced later.

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