Tesla Models Over The Years

Tesla Inc TSLA, which is renowned for its sleek, stylish, tech-savvy, energy-efficient, electric utility vehicles, is prepping to add one more product to its stable.

Tesla released the teaser image of its Model Y vehicle at its annual shareholder meeting held on June 4. Charismatic CEO Elon Musk clarified that the vehicle would be built on a whole new platform, different the platform for its mass market vehicle Model 3, which is due to commercially launched soon.

Source: EV.Network

Ahead of the meeting, on the company's earnings call following the release of its first-quarter results, Musk suggested that the all-electric crossover would be made available in late 2019 or 2020. The Model Y was supposed to further the company's goal of hitting its target of 1 million vehicle per year in 2020.

Musk also suggested on the call that the new platform for the Model Y vehicle might do away with the 12-battery architecture. This would obviate the lead-acid battery and instead rely on an altogether different way of powering the in-car electronics.

Tesla might release the design at least a year before the launch so that it can open reservations, according to Electrek.

With things remaining hazy concerning the Model Y vehicle, Benzinga looked at Tesla's car models released thus far, and also the imminent Model 3 vehicle.

No. 1: Model S Sedan

• Introduced: June 22, 2012.
• Type of Vehicle: All-electric vehicle premium sedan, with Autopilot capabilities.
• Performance: 0 to 60 mph acceleration in 2.3–5.5 seconds.
• Range: 249–335 miles range.
• Super Charging: Free unlimited supercharging for life of ownership, with referral.
• Number of passengers: five adults, two children.
• Display: Two digital displays, driver display and 17" touchscreen.
• Other Features: Full self-driving capability, aluminum body, smart air suspension, glass roof or panoramic sunroof, 19" or 21" performance wheels, HEPA filtration system, auto-presenting door handles.
• Price:* $69,200.

Until 2016, Tesla sold 158,159 of Model S globally, with roughly 58 percent of it sold in the U.S.

No. 2: Model X Sedan

• Launched: September 2016.
• Type of Vehicle: all electric, luxury crossover sports utility vehicle.
• Performance: 0 to 60 mph acceleration in 2.9 seconds.
• Range: 295 miles range on a single charge.
• Super Charging: Unlimited access to Tesla's global charging network.
• Number of passengers: available in five-, six- or seven-seating configurations.
• Other Features: Full self-driving capability, safety features such as Automatic emergency braking, side collision warning, lane departure warning, Autopilot driver assistance capabilities, HEPA filtration system, Panoramic windshield, falcon wing doors .
• Price:* $94,700.

Roughly 37,074 Model X vehicles have been sold as of the first quarter of 2017.

No. 3: Model 3 Sedan

• Unveiled: March 31, 2016, to be commercial launched soon.
• Type of Vehicle: Mass market affordable electric vehicle.
• Performance: 0 to 60 mph acceleration in 5.6 seconds.
• Range: 214+ miles range.
• Super Charging: Pay per use supercharging.
• Number of passengers: five adults.
• Display: One digital display, 15" center touchscreen.
• Other Features: Full self-driving capability, aluminum and steel body, coil suspension, optional glass roof, 18" or 19" wheels.
• Price: Starting price expected to be $35,000.

Limited production is set to begin in July 2017, with the company expecting production to ramp up to 5,000 vehicles per week in the fourth quarter and 10,000 per week at some point in 2018. Although 373,000 is the number the company has confirmed for Model 3 orders as of May 2016, it did suggest, it is continuing to receive orders.

*Prices applicable for 2017 models

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Image Credit: Derived from By Steve Jurvetson Mariordo CONCAVO WHEELS Jeremy OSX [CC BY 2.0 (http://creativecommons.org/licenses/by/2.0)], via via Wikimedia Commons, and By NRMA New Cars [CC BY 3.0 (http://creativecommons.org/licenses/by/3.0)], Wikimedia Commons