Market Overview

Tesla Model Y? Elon Musk May Have Leaked Some Info

Tesla Model Y? Elon Musk May Have Leaked Some Info
  • With the launch of the Model X and chatter about the more affordable the Model 3, Tesla Motors Inc (NASDAQ: TSLA) has been in the spotlight recently.
  • Elon Musk has once again piqued the interest of fans and investors, after saying in a tweet (which he later deleted) that a Model Y will also be released.
  • Shares of Tesla fell 3.93 percent on Wednesday.

On October 2, a Twitter user asked if the upcoming Tesla Model 3 – a mass produced and more affordable electric car - would also come in a crossover version with Falcon Wing doors like the ones on the recently released Model X.

Musk responded, “there will be a Model 3 and a Model Y. One of the two will.”

Chatter about the crossover vehicle has been around for a while now, and speculation has been mounting since the company’s VP of Engineering Chris Porritt said, “the Tesla Model 3, will spawn a number of derivatives that could include an SUV and an estate in order to attract a broader spread of customers,” BGR pointed out.

Stay on the lookout.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.

Posted-In: Chris Porritt Elon Musk Model 3 Model X Model YNews Rumors Tech Best of Benzinga


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