Tesla Model Y: Elon Musk's second electric SUV is here

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Tesla has unveiled its newest all-electric car. The most-affordable Model Y will have a base price of $39,000 and a 230-mile battery range.

The most-affordable Model Y will have a base price of $39,000 and a 230-mile battery range, but customers will have to wait until at least 2021 to own one of the five-seater SUVs. Tesla will first sell more expensive versions of the Model Y — with prices starting from $47,000 to $60,000, and offering more battery range. Those will ship starting in 2020, according to the company. There are additional charges for Tesla's autopilot software, a third row of seats and colors other than black.

"Musk devoted only five minutes of his 34-minute presentation to the new SUV. He spent the rest of the time recounting Tesla's rise and recent history. Musk also joked about building supercharger stations in Kazakhstan, and said he expected a Tesla would be driving on Mars in 10 years. Tesla's new Model Y mid-sized SUV will begin shipping in 2020.Musk revealed that the Model Y had 66 cubic feet of cargo space, comparable to a Jeep Grand Cherokee.

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