Finally, the wait is over, Elon Musk unveiled the Tesla Model Y electric SUV that very much looks like a Model 3 but it has some unique features like the optional 3rd-row seating and more cargo capacity.

Tesla CEO Elon Musk started his presentation by describing a bit of Tesla history when in 2010 they had just one car built, that’s the original Tesla Roadster, now the company has made 550,000 cars and aims to hit the 1 million mark in the next 12 months.

Musk also thinks that Model Y production with time will overtake the production numbers of Model 3, S and X combined. Tesla Model Y will have four variants Standard Range, Long-Range, Dual Motor AWD and Performance (see range and price estimation chart below).

Keeping the tradition of its Model 3 sibling, Model Y will also have the best safety standards and features, hopes are high that it will