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. Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology. Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels. A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.