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Tesla Unveils 2nd Mass-Market EV: The Model Y
The car is a compact SUV that will have a range of 300 miles, The Verge reported. Three versions will be available for sale in fall of 2020: a $47,000 long-range version, a $51,000 all-wheel drive dual-motor version and a $60,000 performance version. A cheaper standard version with a 230 mile range will sell for $39,000, but won't be available until 2021.
The Model Y looks essentially like a larger version of the Model 3, the company's first mast-market car, according to The Verge. The Model 3 just became available for its target $35,000 price two weeks ago, three years after the car was first announced.
The announcement comes at a difficult time for Tesla, BBC News reported. Musk was sued by the Securities and Exchange Commission (SEC) in 2018 after tweeting about Tesla going private. The launch in 2019 of the $35,000 Model 3 came with a decision to lower prices across the board, at the expense of closing the majority of the company's retail outlets. But customers, employees and landlords complained, so the company reversed course and raise prices again, except for on the Model 3s, according to The Verge and BBC News.
In addition, Consumer Reports revoked its recommendation of the Mode 3 in February, saying customers had reported problems with body hardware, paint and trim.
Executive Director of Industry Analysis at Edmunds Jessica Caldwell told The Verge the Model Y could be an important car for Tesla if it plays its cards right, seeing as SUVs currently sell very well in the U.S.:
"If Tesla truly wants to be a mainstream brand, it's going to have to figure out how to sell cars to people besides young men in California," Caldwell said in a statement. "Tesla has the right foundation for the Model Y to be a turning point: Tesla has the youngest buyer base of any luxury brand, and the Model X has more female buyers than any other vehicle in the brand's lineup. If the Model Y is priced right, offers a roomy interior, and delivers flawless safety and quality, it has the potential to be the 'it' vehicle for young families."
But Tesla does have competition. Most German automakers either already do or soon will ship electric SUVs.Transit, driven largely by fossil-fuel-powered cars and other land vehicles, is the fastest growing source of climate-change causing emissions, according to the World Health Organization (WHO.) The sector is also currently responsible for the largest share of U.S. greenhouse gas emissions at 28 percent, according to the most up-to-date data from the U.S. Environmental Protection Agency (EPA).
- Tesla Model Y preorders are now live - The Verge ›
- Tesla Model Y Impressions! - YouTube ›
- See Tesla's new Model Y - CNN Video ›
- 2021 Tesla Model Y: Everything We Know ›
- Model Y | Tesla ›
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‘Companies Should Not Be Allowed to Use Hazardous Ingredients in Products People Use’: Michelle Pfeiffer Speaks Up for Safer Cosmetics
The beauty products we put on our skin can have important consequences for our health. Just this March, the U.S. Food and Drug Administration (FDA) warned that some Claire's cosmetics had tested positive for asbestos. But the FDA could only issue a warning, not a recall, because current law does not empower the agency to do so.
Michelle Pfeiffer wants to change that.
The actress and Environmental Working Group (EWG) board member was spotted on Capitol Hill Thursday lobbying lawmakers on behalf of a bill that would increase oversight of the cosmetics industry, The Washington Post reported.
By Julia Conley
Scientists at the United Nations' intergovernmental body focusing on biodiversity sounded alarms earlier this month with its report on the looming potential extinction of one million species — but few heard their calls, according to a German newspaper report.
The climate crisis is a major concern for American voters with nearly 40 percent reporting the issue will help determine how they cast their ballots in the upcoming 2020 presidential election, according to a report compiled by the Yale Program on Climate Change Communication.
Of more than 1,000 registered voters surveyed on global warming, climate and energy policies, as well as personal and collective action, 38 percent said that a candidate's position on climate change is "very important" when it comes to determining who will win their vote. Overall, democratic candidates are under more pressure to provide green solutions as part of their campaign promises with 64 percent of Democrat voters saying they prioritize the issue compared with just 34 percent of Independents and 12 percent of Republicans.
President Donald Trump has agreed to sign a $19.1 billion disaster relief bill that will help Americans still recovering from the flooding, hurricanes and wildfires that have devastated parts of the country in the past two years. Senate Republicans said they struck a deal with the president to approve the measure, despite the fact that it did not include the funding he wanted for the U.S.-Mexican border, CNN reported.
"The U.S. Senate has just approved a 19 Billion Dollar Disaster Relief Bill, with my total approval. Great!" the president tweeted Thursday.