A new Tesla model is joining the company's lineup of electric cars, but it won't come very soon as it's being built on a completely new platform.
The news comes from Elon Musk, who shared some new details about the Model Y at the conference call following Tesla's Q1 financial results.
Answering a question from one of the reporters on the call, Musk said the new car will come in 2020 or 2019. It will be built on a completely new platform, which is why production will take a little longer than anticipated (originally, the Model Y was supposed to be based on Model 3, which is slated for a July launch). Read more...
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