Tesla Model Y will be unveiled March 14th

Tesla will unveil its Model Y crossover SUV on March 14th during an event at the company’s design studio in Los Angeles, CEO Elon Musk announced Sunday. The new electric car will be Tesla’s fifth since the company was founded in 2003.

The Model Y will share about 75 percent of its parts with the Model 3, which is currently Tesla’s most affordable car. Musk said the Model Y will be about 10 percent bigger, cost about 10 percent more, and will have slightly less range than the Model 3. The Model Y won’t have the “Falcon Wing” doors that are found on Tesla’s bigger SUV, the Model X. (Musk had previously hinted that it might.)

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