Tesla's New Model Y SUV Hits the Right Note By Playing It Safe

Last night, Tesla CEO Elon Musk unveiled the company's brand new electric SUV, the Model Y. The car is only slightly larger than the Model 3 and shares 75% of its parts, leaving many people wanting more. But, as USA Today reports, 'The ho-hum reaction to Tesla's new electric SUV is, oddly enough, exactly what the company needs. [F]or a company that needs a little less pizzazz and a little more substance to make good on its promise to become a sustainable force in the auto industry, the Model Y hit the right marks.' From the report: It's essentially a crossover version of the Tesla Model 3 compact car, bearing the design hallmarks of a hatchback and sharing the same architectural platform as its car sibling. That Tesla devotees weren't rewarded with sizzling new features on the Model Y illustrates that the company is getting serious about selling vehicles. After all, a compact SUV is precisely what Americans want: a driveable vehicle that puts safety first and flash second. Versions with five and seven seats will be available, with starting prices ranging from $39,000 for the base version to $60,000 for a performance model. If Musk had tried to break new technological barriers or adopt outlandish styling on the Model Y, he would have risked making the vehicle too difficult to manufacture and unappealing to conventional SUV buyers.

The first-available model will start at $47,000 and arrive in fall 2020. You can place a refundable deposit of $2,500 to secure your place in line when the vehicle becomes available. The base model of the Model Y -- the $39,000 version -- won't be available until 'sometime in 2021,' Musk said. Families can make the Model Y their primary vehicle since the battery range goes from 230 miles to 300 miles depending on the version. That stacks up well against other EVs on the market, such as the Chevrolet Bolt's 238 and the Hyundai Kona's 258. And while techies might not find the Model Y exhilarating, it will come equipped with software and sensors capable of autonomous driving, whenever it becomes legal. But buyers will have to pay for the system upgrade of $3,000 to $5,000.

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