Tesla Model Y teased ahead of reveal in new photo

Elon Musk views the new Tesla Model Y at its unveiling

We'll update this story.

Underpinning the "baby" SUV will be the same platform as the Tesla Model 3 and according to some, the Model Y will share roughly 75 per cent of its parts with its sedan sibling. 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 increased commonality should make the Model Y easier to integrate into current assembly processes and make it somewhat less expensive to produce.

Musk also said the Model Y will be powered by the same battery as the Model 3.

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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.

Its shares fell more than 5 per cent on the day news of its imports being suspended first broke and rose 3 per cent later after it said the issue had been resolved. First and foremost, it's clear that the Model Y is nearly identical in shape to the Model X with a voluptuous rear-end and a rear window that stretches right to the vehicle's rear fascia.

With hours to go until the Tesla Model Y is given its formal debut, the electric auto maker has teased its second crossover on Twitter. The cool rear doors, as seen on the Model X, were said to be very expensive to develop and hard to produce, and have reportedly been troublesome for consumers. So despite Elon tweeting the Model Y would have them, yeah, no.

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