Tesla Model Y debuts in California with $39,000 base price

Model 3					Tesla Gigafactory 3 in China will look like this when it’s completed

Model 3 Tesla Gigafactory 3 in China will look like this when it’s completed

If it wasn't for that legal threat, Tesla's lineup would have included the Model S, Model E, Model X and Model Y - i.e., SEXY.

The company broke ground on the Shanghai factory in January and its CEO Elon Musk has said the firm aims to finish initial construction this summer and start production of the Model 3 towards the end of the year.

China's customs authority has lifted its suspension on imports of Tesla's Model 3, an official in the authority's news department told Reuters on Thursday.

Each of Tesla's vehicles, from the Roadster to the latest Semi, were driven onstage before the blue Model Y appeared.

Tesla CEO Elon Musk will unveil the company's long-awaited Model Y "baby SUV" at a glitzy event scheduled for 11:00 p.m. ET Thursday at its Los Angeles Design Studio.

The Model Y is unveiled at last.

Another shot of the Model Y can be seen below.

Aside from the fact it has zero tailpipe emissions, the Model Y boasts a slightly higher profile than its cousin the Model 3, by virtue of the fact that it is in the sports utility segment - the auto segment that is fast becoming one of the most popular in many markets.

Tesla Model Y debuts in California with $39,000 base price

"With the same sleek, minimalist dashboard of the Model 3 that does away with the business of instrument clusters so prevalent in traditional vehicles, replaced with the quintessential 15" tablet display, it retains the cool futuristic edge that Tesla has over its competitors. The Model Y targets young family buyers with the SUV being bigger than the Model 3.

Some versions will have up to 300 miles of range - which will equate to roughly 480km here in Australia.

We finally got to the unveiling of the Model Y, and its look was not a surprise.

Tesla, per usual, loves boasting about acceleration and the Model Y certainly is no slouch.

It has a panoramic glass roof keeping it in common with the Model 3, adding to the feeling of space. Thanks to a pair of powerful electric motors, this model will have a 280 mile (450 km) range, a 150 miles per hour (241 km/h) top speed and accelerate to 60 miles per hour in a blistering 3.5 seconds.

Musk announced that pre-orders for the vehicle are open right now.

As soon as Musk's speech wrapped up, the Model Y was listed on the official Tesla website.

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