Tesla has launched its newest automotive, the Mannequin Y, its second mass-market electrical car.
The automotive was unveiled at an occasion in Los Angeles. The agency will first launch a long-range model of the car with a price ticket of $47,000 (£35,489).
Chief govt Elon Musk stated a standard-range mannequin priced at $39,000 could be obtainable in 2021.
It comes after a difficult interval for Tesla, with manufacturing points and authorized issues for Mr Musk.
The Tesla boss had beforehand described the Mannequin Y as a part of a plan to achieve a wider viewers, following on from the Mannequin three – the most cost effective automotive in its vary, which was launched in 2017.
The primary, dearer Mannequin Y could have a spread of 300 miles (482 km). Deliveries are anticipated to start in subsequent yr.
The usual mannequin could have a spread of 230 miles per cost.
In contrast, the Mannequin three has a spread of 220 miles, a prime pace of 130mph and Zero-60mph acceleration of 5.6 seconds.
Greater than 400,000 signed up for the automotive however it confronted manufacturing points and the costs had been greater than anticipated, averaging $50,000.
The value was lowered to $35,000 in March.
The Mannequin Y could have most of the similar options because the Mannequin three however can be about 10% larger.
The Mannequin Z – the Y’s dearer sibling – has a beginning value of $79,500.
It hasn’t been a straightforward few years for Tesla.
Manufacturing points have plagued it, and 2018 proved a extremely controversial yr for chief govt Elon Musk.
A tweet about taking Tesla personal led to him being sued by the Securities and Change Fee, and he additionally confronted a defamation declare over a tweet.
This yr didn’t begin on a a lot better footing.
In January, the agency introduced it was chopping about three,000 jobs, with Mr Musk describing the earlier yr as essentially the most difficult within the agency’s historical past and acknowledging that the automobiles had been nonetheless “too costly for most individuals”.
Tesla introduced it could shut down a considerable variety of its shops, however later modified its thoughts and stated it could increase the costs of its automobiles – however not the Mannequin three – as a substitute.