Tesla just unveiled the Model Y, its new crossover SUV, starting at $39,000

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After much anticipation, Tesla unveiled its latest electric vehicle yesterday. The Model Y is a crossover SUV that will cost from $39,000 to $60,000. Here's what it offers.

Tesla just introduced its latest electric vehicle, the Model Y, a crossover SUV that will cost from $39,000 to $60,000 depending on configuration.

According to Musk, however, the Model Y will share about 75 percent of its components with the company's Model 3 electric sedans, allowing Tesla to start manufacturing the new SUV for far less money that it spent to begin producing the Model 3. Tesla previously said it would most likely manufacture the Model Y at Gigafactory 1, its sprawling battery plant outside of Reno, Nevada. Musk did not confirm this plan at the unveiling event.

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