Earlier this year during Tesla’s Q3 earnings conference call, Tesla CEO Elon Musk announced that Tesla was ahead of schedule for production of the Model Y.
Originally slated for a late 2020 release, Tesla moved ahead the timeline of the Model Y, expecting the first deliveries to being in summer 2020. However Deutsche Bank, in a recent research note (via CNBC) have said recent reports of suppliers receiving requests for accelerated parts orders is a good sign that the Model Y production could begin even sooner, confirming what Tesla in Canada reported on late last month.
Musk has yet to release any details on the number of pre-orders for the Model Y, but as with the Model 3, we can expect there to be more orders for the Model Y than Tesla can produce, until they get production up to scale. That should happen sooner rather than later thanks to the similarities shared with the Model 3 and the lessons learned from scaling up production of that vehicle.
