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Tesla opens up orders for its long-awaited Model Y SUV, but production won't begin for a while (TSLA)

Tesla opens up orders for its long-awaited Model Y SUV, but production won't begin for a while (TSLA)




Tesla unveiled its newest vehicle, the Model Y SUV, on Thursday.




Production of the more premium Model Y models will begin in 2020. The standard version, which will begin pricing at $39,000 before incentives, will go into production in 2021.




The unveiling comes at a time when Tesla is facing mounting financial pressure and, according to some analysts, a demand problem.



Tesla fans can now place an order for the company's long-awaited Model Y SUV, at least for the premium versions. But they will have to wait a while before they get their cars.
Tesla opened up orders for the long range and performance versions of the Model Y on Thursday evening after CEO Elon Musk unveiled the vehicle at an event at the company's design studio in Hawthorne, California.
The long-range rear-wheel drive version begins pricing at $47,000 before incentives and has a range of 300 miles per charge.
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