Tesla has launched its newest automotive, the Mannequin Y, its second mass-market electrical automobile.
The automotive was unveiled at an occasion in Los Angeles. The agency will first launch a long-range model of the automobile with a price ticket of $47,000 (£35,489).
Chief government Elon Musk stated a standard-range mannequin priced at $39,000 can be out there in 2021.
It comes after a difficult interval for Tesla, with manufacturing points and authorized issues for Mr Musk.
The Tesla boss had beforehand described the Mannequin Y as a part of a plan to succeed in a wider viewers, following on from the Mannequin three – the most affordable automotive in its vary, which was launched in 2017.
The primary, costlier Mannequin Y may have a spread of 300 miles (482 km). Deliveries are anticipated to start in subsequent 12 months.
The usual mannequin may have a spread of 230 miles per cost.
Against this, the Mannequin three has a spread of 220 miles, a high velocity of 130mph and Zero-60mph acceleration of 5.6 seconds.
Greater than 400,000 signed up for the automotive nevertheless it confronted manufacturing points and the costs have been larger than anticipated, averaging $50,000.
The value was lowered to $35,000 in March.
The Mannequin Y may have most of the identical options because the Mannequin three however might be about 10% greater.
The Mannequin Z – the Y’s costlier sibling – has a beginning worth of $79,500.
It hasn’t been a straightforward few years for Tesla.
Manufacturing points have plagued it, and 2018 proved a extremely controversial 12 months for chief government Elon Musk.
A tweet about taking Tesla personal led to him being sued by the Securities and Change Fee, and he additionally confronted a defamation declare over a tweet.
This 12 months didn’t begin on a a lot better footing.
In January, the agency introduced it was reducing about three,000 jobs, with Mr Musk describing the earlier 12 months as probably the most difficult within the agency’s historical past and acknowledging that the vehicles have been nonetheless “too costly for most individuals”.
Tesla introduced it could shut down a considerable variety of its shops, however later modified its thoughts and stated it could elevate the costs of its vehicles – however not the Mannequin three – as an alternative.