Sam Altman Reaffirms OpenAI’s Long-Term Commitment to NVIDIA Amid Chip Report 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Nvidia Confirms Major OpenAI Investment Amid AI Funding Race 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
SoftBank and Intel Partner to Develop Next-Generation Memory Chips for AI Data Centers 
SpaceX Seeks FCC Approval for Massive Solar-Powered Satellite Network to Support AI Data Centers 
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Palantir Stock Jumps After Strong Q4 Earnings Beat and Upbeat 2026 Revenue Forecast 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
It is now becoming clearer that 2020 is Tesla Model Y’s turn to make headlines. Delivery of the electric crossover SUV is now scheduled a few months earlier than planned, while its production overseas is also eyed to begin in 2021.
Tesla Model Y production starts early allowing deliveries to move up in March
The news of Tesla Model Y’s earlier delivery is important both to investors and electric car enthusiasts. This will likely excite the latter for the simple reason that Tesla, one of the leading companies for electric vehicles, shows it is quickly adapting to its previous experiences. Tesla has had a reputation for missing delivery deadlines, but the Model Y production timeline seems to prove that the company has now overcome that part.
The Tesla Model Y has also been one of the highlights in the company’s Q4’2019 financial update. It is where Tesla confirmed that the crossover SUV entered production in January in its Fremont, California plant, and is now slated to be delivered by March. That is a few months earlier than what was announced last October. Tesla Model Y was not supposed to be released until summer.
Work on the Tesla Model Y has been spotted in various reports in the previous months. It has been repeatedly reported that a prototype of the vehicle was seen being driven in various parts of the United States.
Tesla Model Y receives AWD range boost to 315 miles; Electric SUV production in China planned next year
The new delivery schedule is not the only good news for Tesla Model Y customers. It was also confirmed that the vehicle’s all-wheel-drive EPA range had been bumped up to 315 miles from 280 miles. This change in specifications is now reflected on the official website. The crossover SUV is designed to accommodate up to seven adult passengers with the top speed set at 135 mph on the Long Range AWD and 145 mph for the Performance model.
Tesla is also confident that the Model Y would be a hit in China, as the financial results document cites SUV’s popularity in the said market region. With that, China-made Model Y cars are now planned to enter production sometime in 2021. Tesla’s Shanghai-based Gigafactory opened last year with the deliveries of Model 3 vehicles started earlier in January.
