But Musk did provide a few tidbits in a tweet last week.
It's against that backdrop that the Palo Alto-based company is about to add yet another project into the mix: The Tesla Model Y, an all-electric SUV.
Model Y. Image source: Tesla.
Lawyers for Musk said the tweet complied with the company's communication policy for senior executives and was a "proud and optimistic restatement of publicly disclosed information". "Model Y, being an SUV, is about 10% bigger than Model 3, so will cost about 10% more & have slightly less range for same battery", the CEO said.More news: April Ryan: Sarah Sanders 'Is the Queen of Dodgeball’
Here's what to expect from the Tesla Model Y SUV. Since the SUV will be built using a majority of the Model 3's existing parts, that could make it easier for Tesla to get some production-ready vehicles out the door more quickly. No other reproduction or distribution is permitted without prior written consent.
FILE PHOTO: SpaceX founder Elon Musk looks on at a post-launch news conference after the SpaceX Falcon 9 rocket, carrying the Crew Dragon spacecraft, lifted off on an uncrewed test flight to the International Space Station from the Kennedy Space Center in Cape Canaveral, Florida, U.S., March 2, 2019.
With the Model 3 priced at $35,000, the Model Y's starting price will likely be about $38,500.More news: Don’t panic: Facebook and Instagram are down for many users
Can the Model Y live up to the hype?
That means the Model Y could be the second Tesla vehicle to support the V3 Supercharger and its 250 kWh peak charge rate. What you won't see for a while, however, is the Model Y, because...
In addition, Musk expects significant synergies from building the Model Y on the Model 3 platform. While the electric-car maker has always planned to lower Model 3 prices in order to hit its target $35,000 starting price for the vehicle, aggressive price cuts to all of its models and a workforce reduction announced earlier this year have some investors anxious that demand isn't living up to the company's expectations.
Stated simply, Tesla has now gone back on all of the major business model changes it made just about two weeks ago, further exposing a company that can only be described as in the midst of anarchy. According to Musk, the price of Autopilot will also "revert to normal" on Monday.More news: Odell Beckham Jr. asks LeBron if he can borrow his Akron mansion