2019 was one thing of whirlwind 12 months for Tesla, stuffed with minor setbacks, wild controversies, and naturally, some spectacular achievements. Most notably, Tesla over the previous 12 months proved that it might truly flip a revenue. And although Tesla first turned a revenue through the third quarter of 2018, its skill to show a revenue but once more in 2019 proved that the primary time was something however a fluke.
In flip, 2019 noticed shares of Tesla take off into the stratosphere. Buoyed by the Cybertruck unveiling and optimism relating to the corporate’s burgeoning enterprise in China, Tesla inventory over the last 9 weeks of the 12 months skyrocketed from about $254 a share to $418 a share.
Economics apart, Tesla is getting ready to ramp up manufacturing in a significant manner in 2020 and past. Trying forward, Tesla within the subsequent few years plans to introduce a next-gen Roadster, the Tesla Semi, the Cybertruck, and the Mannequin Y. Concurrently, Tesla will proceed to spice up Mannequin Three manufacturing whereas additionally working to maintain Mannequin S and Mannequin X manufacturing as regular as attainable.
Of all of the upcoming autos listed above, the primary one we’ll see hit the streets is the Mannequin Y. Whereas Mannequin Y manufacturing wasn’t slated to start till late 2020, Tesla a number of months again mentioned that all the things is forward of schedule. Consequently, the crossover model of the Mannequin Three will enter manufacturing through the summer time of 2020.
In gentle of that, it’s no shock that we’re beginning to see an uptick in stories relating to Mannequin Y prototype sightings on the highway. Most just lately, a efficiency model of the Mannequin Y was noticed in Washington:
Two months earlier, one other Mannequin Y prototype was seen cruising alongside a California freeway subsequent to a Mannequin 3. The video under does a stable job of illustrating the dimensions distinction of the Mannequin Y relative to the Mannequin 3. As evidenced under, the Mannequin Y is decidedly taller than the Mannequin 3:
Tesla, in fact, has excessive expectations for the Mannequin Y, which isn’t shocking given how widespread crossover autos have develop into.
“I’ve truly just lately pushed the Mannequin Y launch candidate, and I feel it’s going to be a tremendous product and really properly obtained,” Tesla CEO Elon Musk mentioned a number of months in the past. “I feel it’s fairly seemingly it would — and this simply my opinion — outsell the S, X, and three mixed.”