Elon Musk Tesla Model Y News: Unveiling Could Happen At 2019 Shanghai Motor Show?

Elon Musk’s Tesla Model Y is rumored to make an appearance during the 2019 Shanghai Motor Show this coming April 16.

According to a report, industry insiders are already pegging the major international car show as the venue for the reveal since Tesla is already building a Gigafactory in China. The factory will produce the Model Y geared for the Chinese market. In the U.S., the Gigafactory in Spars, Nevada is set to start producing the Model Y by the year 2020.

The release in April is the second date speculated for the Tesla Model Y launch. Last May, Musk tweeted that the company might unveil the new model on March 15th, saying, “the Ides of March sounded good."

However, when it comes to product unveiling, Tesla has been known to delay reveals. The billionaire CEO has also not discussed a possible release date since his tweet last year.

As for the vehicle, while the Tesla Model Y has yet to be seen by the public, rumors suggest it will be a compact SUV or a crossover of the popular entry-level Model 3 sedan and the Model X.

Aside from the Tesla Model Y, car enthusiasts can also expect the company to introduce a semi-freight truck, a pickup truck, and a new variant of the Tesla Roadster.

Analysts have high hopes for the Model Y as this segment is quite popular in the U.S. market. In Tesla’s annual report, the company promised that production of the Model Y will be better and “significantly faster” compared to the Model 3.

What’s more, the Model Y will significantly cost less as 75 percent of the vehicle’s components will be patterned after the Model 3.

Aside from the Model Y, previous reports indicate that the company will also start producing self-driving cars by the end of the year. Musk said in a podcast that Tesla already has the technology to come up with a full, self-driving car by the end of 2019.

“I think we will complete — full self-driving — this year, meaning the car will be able to find you in a parking lot, pick you up and take you all the way to your destination without an intervention, this year.”