Tesla Model 3 Lifts Electric Cars Sales

News					Tesla will increase power and top speed of entire Model 3 fleet in upcoming software update

The event will be held at Tesla's design studio, located at SpaceX headquarters in Hawthorne, south of downtown Los Angeles.

Musk added, also by tweet, that the Model Y would cost about 10% more than the Model 3, which is now available for order at a base price of $US35,000.

In addition to the Model Y, Tesla fans have also been anxiously waiting for news about the company's forthcoming pickup truck. The Model Y, he said, would be 10% larger than the Model 3 and achieve slightly less range from battery back of the same size for both vehicles. He promised that "detailed specs" and pricing will be provided at the March 14 event, along with test rides.

We know little about the Model Y at this point.

More news: Snow-ice warning issued for Galway

The Model Y is an SUV and is expected to share numerous same underpinnings as its lower-cost sedan, the Model 3.

The crossover SUV will also feature regular doors, rather than the vertically opening falcon-wing doors which feature on the Model X - Musk once posted and deleted a tweet saying the design would be implemented into the Model 3 and Model Y.

Musk also confirmed today the first Supercharger V3, a newer and more powerful version of the company's charging stations, will go live to the public on Wednesday, March 6 at 8PM local time.

Exact specifications on the newest vehicle will be released at the unveiling.

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