Tesla is about to reveal the Model Y — here's how much it could cost

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Tesla is about to reveal the Model Y — here's how much it could cost
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Tesla will unveil its upcoming Model Y crossover SUV on Thursday.

's Model 3 sedan, which starts at $35,000, though he has not specified whether the 10% premium will apply to multiple trims or just the base model.Tesla will reveal its upcoming Model Y crossover SUV on Thursday.than Tesla's Model 3 sedan, which starts at $35,000, though he has not specified whether the 10% premium will apply to multiple trims or just the base model.Tesla is about to unveil the Model Y. Here's everything we know about the vehicle so far.

Financial and automotive analysts have made predictions about the Model Y's price range ahead of its unveiling. Here's what three have said: Goldman Sachs said in a note to investors on Wednesday that it expects each Model Y trim will cost about $5,000 more than the corresponding Model 3 trim. If the Model Y has as many trims as the Model 3, they would start at the following prices, according to Goldman Sachs: $40,000, $42,000, $45,000, $48,000, $50,000, and $61,000.

Daniel Ives, a managing director at Wedbush Securities, said in a Wednesday note that he expected the Model Y's price range to fall"in the high $30K to $50K range." The market research firm JD Power said in a Wednesday report that it expects the Model Y to cost between $45,000 and $85,000.

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