Feb 10, 2:09 AM EST Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Technology By Jerome Santos 02/10/19 AT 2:05 AM Tesla CEO Elon Musk has been confident about their upcoming SUV, Model Y. Potentially, the electric SUV has a chance to dominate the market against all odds. Here’s why Model Y has gamechanging potential.According to Teslarati, Musk talked about how Tesla can mass produce Model Y from Model X parts and how they’re able to distribute the new SUV to both the United States and China. So far, both countries have been Tesla’s best regions when it comes to sales and these could help them dominate the market.For now, Toyota’s Rav-4, Nissan Rogue and the Honda CR-V are the top 3 contenders in the SUV market in America. However, Tesla has a reputation for shaking things up in the markets they enter. Previously, the Model S and X were great successes for the company. Potentially, the Model Y could also do the same in the SUV market.While Tesla is a brand of luxury electric cars, the Model Y has been confirmed to have a lower price than the company’s other offerings. Part of the Toyota Rav-4’s success is its low price, which allowed many… Read full this story
- Elon Musk: Tesla electric lorry to be unveiled in late October
- Elon Musk Debuts EDM Track And We all Have Questions
- Elon Musk Waves as He's Seen Driving Tesla Cybertruck on California Highway
- Tesla races to record highs: Shares up 260% since June... but is Elon Musk heading for a crash?
- Elon Musk earned over $2.3bn in 60 minutes after Tesla stocks surge
- Elon Musk's Tesla announces biggest quarterly loss ever
- Tesla CEO Elon Musk allays environmental fears on plant in Germany
- Tesla Model 3 production delayed in Shanghai because of coronavirus outbreak
- Tesla's batteries could be bigger business than electric cars – Elon Musk
- Elon Musk claims it 'won't be long' before Tesla's flagship Model S can travel 400 miles on a single charge
Why Elon Musk’s Tesla Model Y Could Dominate SUV Market have 321 words, post on www.ibtimes.com at February 10, 2019. This is cached page on wBlogs. If you want remove this page, please contact us.