Tesla shifts focus to bring Model Y to market faster
Tesla CEO Elon Musk said today the forthcoming Model Y electric crossover vehicle will be built on a similar architecture to the recently released Model 3, in an effort to bring the car to market sooner. The news, announced in an earnings call Wednesday, is a reversal from several months ago, in which Musk claimed the all-electric compact SUV would be “completely different” from anything Tesla has produced before.
“Upon the council of my executive team to reel me back from the cliffs of insanity, the Model Y will, in fact, be using substantial carry over from Model 3 in order to bring it to market faster,” Musk said on the call.
Previously, Musk said he planned to ditch...