New Model of Tesla will go into Production Next year

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Tesla

Tesla will be starting the production of its sports utility vehicles (SUV) called as model Y from November 2019. Production of vehicles in China will kick-start two years after this, according to Reuters.

It has been learned from the sources that Elon Musk’s Silicon Valley-based company is taking preliminary bids for supplies of Model Y, which resembles Model 3 sedan. The production timeframe has yet not been conveyed to supplier contracts but it has been indicated that the production of the vehicle will begin at Fremont, California in November next year, but Tesla has declined to give any comments so far.

The experience with Model 3 didn’t go well, although company attracts 500000 advance orders the launch was plunged with delays in manufacturing and thus, it also affect the anticipated revenue stream of the company already struggling with the cash crunch.

Tesla has assured the investors of model 3 that its output was doubled in the first quarter and in the second quarter they will produce 5000 units per week taking per year vehicles production to 250000 units.

Request for information has been issued to the supplier that will give the view of what will be needed in Model Y.

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