Tesla Fast Tracks Model Y To Push Into Lucrative CUV Market

By Kyle Field Elon Musk announced in the Tesla Q2 2017 earnings call that he was walked back from the edge of the cliff on Model Y by his executive team. That team convinced him that building Tesla’s next-generation CUV (Compact Utility Vehicle) on the Model 3 platform was the best decision. This maximizes reuse of design work, investments in R&D, supply chain partnerships and flexibility, and potentially more.
“The Model Y will, in fact, be using substantial carryover from Model 3 in order to bring it to market faster,” Elon said
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