Known eccentric billionaire and Tesla CEO, Elon Musk, tweeted that they will soon be announcing a new product. Speculations are at an all-time high on what exciting new product Elon Musk will reveal.
There are several possibilities in his upcoming announcement. The first one being that a newly developed solar roof will be the announcement. The second speculation is a major update to its Autopilot system for its self-driving car line will be announced. And the third, possibly the most exciting speculation yet, is that the rumored crossover SUV version of the Tesla Model 3 is the new product the CEO mentioned in his tweet.
The crossover SUV which is to be called Model Y is a cheaper and smaller alternative to the Model X but not as small as the Model 3.
When Musk released his ten-year master plan, the second part of it discussed how he sees autonomous sustainable vehicles and electric shipping vehicles as the future. He also confirmed that they are developing an electric line-up that includes a mini-bus, a cargo van, and a pick-up truck. All these are also candidates for the big reveal, however, Elon Musk did tweet about another model following the Model 3 which many believe is the Model Y.
Elon Musk also included in his master plan that of an Uber-like service that will use Tesla self-driving cars to reduce the cost and become the cheapest form of ride-sharing service available to the mass market.
If Tesla will indeed be unveiling the Model Y, it is the most likely candidate for the ride-sharing service as it is bigger than the Model 3 but not as pricey as the Model X. If Tesla will indeed pull off a self-driving fleet of cars, it will definitely be a major game-changer in the future of mass transit.
All these speculations and future plans are making people excited. Everybody just has to wait for the Tesla CEO to announce what the new product is.
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