Tesla produces ModelY_ on the same platform as Model3 next November

Tesla

Tesla, an American electric vehicle and energy company that produces and sells electric vehicles, solar panels, and energy storage equipment. Palo Alto, based in Silicon Valley, California, was first founded in 2003 by MarTIn Eberhard and Marc Tarpenning, 2004 Elon Musk (Elon Musk) entered the company and led the A round of financing. The founder named the company "Tesla Motors" to commemorate the physicist Nikola Tesla.

On November 17, 2016, Tesla Electric Vehicle acquired SolarCity, a US solar power system supplier, which transformed Tesla into the world's only vertically integrated energy company, providing customers with end-to-end clean energy including Powerwall energy walls and solar roofs. product.

On February 1, 2017, Tesla Motors Inc. officially changed its name to Tesla Inc. This means that the car is no longer the only business of Tesla.

Tesla produces ModelY_ on the same platform as Model3 next November

Tesla produces Model Y next November

According to a source quoted by Reuters, Tesla plans to start production of the Model Y SUV in November 2019 and will produce it in China two years later.

Informed sources said that Tesla is accepting the initial supplier bid for Model Y, which is similar to the Model 3. Tesla did not disclose too much details of the project to the supplier and did not provide a production schedule. But they said the car will be produced at the Fremont plant in California next November.

Tesla declined to comment.

The details of the new Model Y show that although Tesla encountered problems with the production of Model 3, the company is still preparing to promote the production plan of the new car. Model 3 initially attracted about 500,000 pre-sale orders, but suffered production bottlenecks and was forced to postpone delivery. This also puts pressure on the company's financial situation.

Tesla appeased investors earlier this month that the weekly production of Model 3 has doubled in the first quarter, and production speed will accelerate to 5,000 vehicles per week in the second quarter, which is 250,000 vehicles per year.

Tesla produces ModelY_ on the same platform as Model3 next November

Bidding is an important step in the early stages of automobile production. After the automaker disclosure plan, the supplier will provide quotations based on factors such as cost and technology. People familiar with the matter said Tesla had sent a “information request” to the supplier explaining to the company what accessories it needed.

Automakers typically select component manufacturers two to two and a half years before starting production. According to people familiar with the matter, since it is only a year and a half away from November 2019, it is indeed “very radical, but it may be completed” for the model manufacturer. Since Model Y and Model 3 use the same platform, this plan is also feasible. Informed sources also said that suppliers expect that Model Y will produce 500,000 units per year in the United States, and in China, it will be much smaller, possibly tens of thousands.

In fact, Tesla has always been known for being radical. In order to save time and cost, Tesla even ventured over the pre-production test phase of Model 3 to directly develop production molds. If something goes wrong, it will be more difficult to solve.

Model Y is just one of Tesla's many potential projects, and the company has also released Semi trucks and a new generation of Roadster sports cars in recent months. Tesla is building a super battery factory in Nevada, where battery module assembly problems have also delayed the production of Model 3. The company is expected to build a factory in China soon.

Tesla said the company needs to raise additional funds this year. But Moody's lowered its rating last week for fear of cash reserves and production compliance, and thought it could raise more than $2 billion. The company consumed $3.4 billion in cash last year.

The model, which was first announced at the July shareholder meeting, originally planned to use a platform that was independent of Model3, but it was estimated that Musk realized that this was a bad decision. Later, he changed his name to say that ModelY would use the same platform as Model3.

In fact, it is not uncommon to use the same platform to build a variety of different cars in the automotive industry, such as Volkswagen and Toyota, which have been or will be planned in the future. But usually, car manufacturers will not discuss future products. There is still a period of time from 2019, and I can only wait for the latest results.

If ModelY can be mass-produced in the next year, it will lead to a new question - when Tesla will produce the electric truck Semi and the next generation Roadster. Because the company seems to have not added a new factory in the near future, and the mass production of Model3 is currently being questioned.

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