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Tesla Model Y completes the equation for the average household
Tesla Model Y’s performance and practicality will complete the equation for households in the US, China, and beyond.
In the United States, demand for crossovers has increased over the last two decades. Crossovers only accounted for about 4% of vehicle sales in 2000 and meteorically rose to roughly 40 percent of US sales in 2018. In China, the biggest automotive market in the world, the picture is basically the same as more people veer away from light vehicles and go for crossovers and SUVs. Tesla will answer the need of households for a vehicle that presents a good balance between a sedan and an SUV.
The Model Y makes sense for families looking for a bigger ride (but not as big as full-sized SUVs) that offers more space for people and cargo while not burning a big hole in one’s bank account. The Model Y is perfect for families leading an active lifestyle or for those looking for a second vehicle that complements their daily driver such as a Model 3. The Model Y is not just a chunkier Model 3. The electric crossover answers these needs of the average household and has the potential to become another cash cow for Tesla to help it achieve consistent profitability.
Tesla Model Y’s range and efficiency were highlighted during the Q4 2019 earnings call of the Silicon Valley-based electric carmaker. CEO Elon Musk told the electric vehicle community that the Model Y now boasts the highest energy efficiency rating among electric SUVs at 4.1 miles per kWh and has an EPA rating of 315 miles on a single charge. Tesla has started limited volume production in January and expects to make first deliveries of the electric crossover on March 15.
“…make sure we get that production ramp going and reach volume production as soon as possible with Model Y. Yes, go as fast we can with Model Y and make sure it’s a great product. I think there are some things that will differentiate it. I think… when people do a teardown of the Model Y, I think they will be impressed about some of the things they see,” Musk said during the Q4 2019 earnings call.
While a Model Y teardown is still a long shot, the latest sightings of the much-awaited electric crossover show why the vehicle can be a practical choice for people on the go or families with an active lifestyle.
Tesla Model Y Roof Rack
A Tesla Model Y with roof rack was recently spotted along the State Route 237 in Sunnyvale, California. The sighting gives Model Y fans a glimpse of how roof-mounted rails will look on the electric crossover.
The video posted by RKT on YouTube shows a roof rack that reminds one of the currently available Model 3 roof rack that can easily be installed by securing four mounting points on the all-glass roof of the vehicle. With the Model Y sharing roughly 75% of its DNA with the Model 3, there’s a high possibility that a similar roof rack for the Model Y will be sold by Tesla.
With a roof rack, the Model Y can be a perfect road trip vehicle for a group of five or even seven bringing bikes, skis, other sports gear, or cargo boxes. The average maximum load rating or roof racks is around 150 lbs.
Check out RTK’s video of the Model Y with a roof rack:
Tesla Model Y Towing
Last December, a Tesla Model Y with a clearly visible tow hitch was spotted hinting that the all-electric crossover would be perfect for towing small trailers or campers for families who love the outdoors.
Just last week, another Model Y was seen on the road, this time towing a dirt bike. An image originally captured by Rober Rorschach was shared on Twitter by @Testletter.
Model Y towing a dirt bike. I think the towing package is going to come standard in the Model Y (at least in LR versions)
📷: Robert Rorschach https://t.co/fpFyxoaWlK thanks @AnythingTesla for the tip! pic.twitter.com/r7SfLd78px
— Tesletter (@tesletter) February 21, 2020
This is another great demonstration of how the upcoming electric crossover is ideal for people who lead an active lifestyle. It is not yet confirmed if the Model Y will come standard with a tow hitch or if it will come as an option but it is a clear indication that Tesla’s testing such feature and it knows how the crossover could be used by the electric vehicle community. Model 3 in Europe comes with an option for a tow hitch but this option is not available in North America.
Tesla Model Y Spacious Trunk Storage
It has been highlighted how Tesla seems to haven been underpromising and overdelivering when it comes to Model Y and this strategy can clearly upset the naysayers of the electric carmaker. The Model Y, according to Tesla will have higher gross margins than Model 3 and Elon Musk even predicts that it can outsell its other vehicles in the lineup. And with Model Y sightings slowly revealing the details of how the vehicle can be so useful for people. The 2nd-row seats that can be individually folded are a stroke of design genius in terms of practicality but it can be clearly seen now that Tesla paid attention to the details that matter most to consumers.
New Model Y images that surfaced over the weekend show that the Model Y also offers generous space in its trunk and there could also be additional space under the main trunk. The order page on the Tesla website indicates that the vehicle will have a max cargo volume of 66 cu.ft. making it comparable to the amount of cargo the more affordable Honda CR-V can carry and offers a bit more space than its touted rival Ford Mustang Mach-E that comes with 59.6 cubic feet of room.
Below are the images of the Model Y trunk first posted by Thomas Andre Davik on the Tesla Model Y Enthusiast Facebook Page and the extra storage below the main trunk photo by Josh Jones on the same fan page:
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- Tesla Model Y trunk (Source: Thomas Andre Davik | Model Y Enthusiast Facebook Page)
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- Tesla Model Y extra storage under main trunk(Source: Josh Jones | Model Y Enthusiast Facebook Page)
The latest images also clearly show that the second-row seats offer generous headroom and that the spacious trunk can easily be reconfigured to give enough space for the third-row seats to allow the vehicle to carry seven adults. And that is another practicality factor that can help the Model Y stand tall against its rivals.
Elon Musk
Trump’s invite for Elon just reshuffled Tesla’s big Signature Delivery Event
Tesla rescheduled its final Model S farewell to May 20 after Musk joined Trump in China.
Tesla has rescheduled its Model S and Model X Signature Edition delivery event to Wednesday, May 20, 2026, after abruptly calling off the original May 12 celebration. The event will take place at Tesla’s factory at 45500 Fremont Boulevard in Fremont, California, the same location where the Model S first rolled off the line in 2012. Invitees received a follow-up email asking them to reconfirm attendance and download a new QR code ticket, with Tesla noting that all travel and accommodation expenses remain the buyer’s responsibility.
The reason behind the original cancellation came into focus the same day it was announced. President Trump invited Elon Musk, Apple’s Tim Cook, BlackRock’s Larry Fink, Boeing’s Kelly Ortberg, and executives from Goldman Sachs, Blackstone, Citigroup, and Meta to join his trip to China this week for a summit with President Xi Jinping. The agenda covers trade, artificial intelligence, export controls, Taiwan, and the Iran war, following weeks of escalating friction between Washington and Beijing over AI technology, sanctions, and rare earth exports. Trump wrote on Truth Social, “I am very much looking forward to my trip to China, an amazing Country, with a Leader, President Xi, respected by all.”
Tesla launches 200mph Model S “Gold” Signature in invite-only purchase
The vehicles at the center of all this are the last Model S and Model X units Tesla will ever build. Priced at $159,420 each, the 250 Model S and 100 Model X Signature Edition units come finished in Garnet Red with a one-year no-resale agreement, giving Tesla right of first refusal if the owner decides to sell. As Teslarati reported, the Model S defined Tesla’s early identity as a serious luxury automaker, and the Fremont factory line that built it is now being converted to manufacture Optimus humanoid robots.
Musk’s inclusion in the China delegation drew attention given his very public relationship with Trump, and the invitation signals the two have moved past and past grievances. Trump originally brought Musk on to lead the Department of Government Efficiency following his inauguration, and despite a sharp public dispute in mid-2025, the two have appeared together repeatedly in recent months. A seat on the China trip, the most diplomatically consequential visit of Trump’s current term, puts Musk back at the table on U.S. economic policy at a moment when Tesla’s China revenue remains one of the company’s most important financial pillars.
Tesla has launched a new solution to a rare but relevant Supercharger problem with a new Virtual Waitlist, a remedy that will solve sequencing confusion when there is a line to charge at one of the company’s locations.
Teslarati reported on what we called the Virtual Queue last month. In rare occurrences, there were physical altercations at Superchargers when someone might have cut in line to charge. Tesla started to develop some sort of system that would resolve this issue, and now it is finally rolling it out.
Tesla launches solution to end Supercharger fights once and for all
It will start with a Pilot Program, and Tesla is calling it the ‘Waitlist.’
Announced on May 11 on the official TeslaCharging X account, the pilot program is currently active at sites in Los Gatos, Mountain View, and San Francisco in California, as well as San Jose, CA, and the Bronx, NY (East Gun Hill Road). Drivers are encouraged to share feedback directly through the Tesla app to refine the system before a potential broader rollout.
We’re now testing a new waitlist feature at 5 Supercharger sites. Share feedback through the Tesla app to help us make it better.
– Los Gatos, CA – Los Gatos Boulevard
– Mountain View, CA – El Monte Avenue
– San Francisco, CA – Lombard Street
– San Jose, CA – Saratoga Avenue
-… pic.twitter.com/epTVzpJxgW— Tesla Charging (@TeslaCharging) May 11, 2026
Tesla released the video above to showcase the feature, which automatically joins the waitlist when your vehicle has the Supercharger with the wait as the destination in the navigation. There is also a notification that lets you know your place in line.
In this specific example, the video shows that the wait is less than five minutes, and that there are two cars ahead of the one in the video:
Credit: Tesla
Having a wait at a Supercharger is relatively rare, but it does happen. It is even more frequent now that there are more EVs allowed to use the Supercharger Network. Those non-Tesla EVs can also join the queue, as Tesla added in its social media release of the pilot program that they can join the waitlist using the Tesla app.
The release of this program should help alleviate the rare risk of incidents at Superchargers. Tesla will expand this program as it sees fit, and it gathers valuable data and reviews from users.
Investor's Corner
Tesla Optimus is already benefiting investors, top Wall Street firm says
Piper Sandler has updated its detailed valuation model for Tesla (NASDAQ: TSLA), concluding that at recent share prices around $400–$420, investors are essentially acquiring the company’s ambitious Optimus humanoid robot project at no extra cost.
Tesla Optimus is already benefiting investors from a fiscal standpoint, at least that is what Alexander Potter at Piper Sandler, a top Wall Street firm covering the company, says.
Piper Sandler has updated its detailed valuation model for Tesla (NASDAQ: TSLA), concluding that at recent share prices around $400–$420, investors are essentially acquiring the company’s ambitious Optimus humanoid robot project at no extra cost.
Analyst Alexander Potter, in the firm’s latest “Definitive Guide to Investing in Tesla,” built a comprehensive framework covering 17 separate product lines.
This granular approach values Tesla’s core businesses—including electric vehicles, energy storage, Full Self-Driving (FSD) software, in-house insurance, Supercharging network, and a standalone robotaxi operation—at approximately $400 per share, without assigning any value to Optimus or related inference-as-a-service opportunities.
“At $400/share, we think investors can buy Optimus for ‘free,’” Potter stated in the note. Piper Sandler maintained its Overweight rating on Tesla shares and a $500 price target, which implicitly attributes roughly $100 per share to the robot-related businesses— a figure the analyst views as potentially conservative.
The updated model incorporates elements often overlooked by other sell-side analysts, such as detailed forecasts for Tesla’s insurance operations, Supercharger revenue, and a distinct valuation for the robotaxi business separate from FSD software licensing. It also accounts for Tesla’s 2025 CEO compensation plan for the first time.
Potter acknowledged that his estimates for 2026 and 2027 fall below Wall Street consensus, citing factors like declining deliveries from certain discontinued models and reduced regulatory credit income.
However, he expressed limited concern, noting that traditional vehicle delivery metrics are expected to matter less over time as FSD subscriber growth and robotaxi deployment metrics gain prominence. On Optimus specifically, Potter suggested the humanoid robot program, combined with inference services, “arguably will be worth more than Tesla’s other businesses combined,” though the firm has not yet produced formal long-term forecasts for these segments.
Tesla shares have traded near the $400 range in recent sessions, reflecting ongoing investor focus on the company’s autonomous driving progress and expansion into robotics and AI. The Optimus project remains in early development stages, with Tesla aiming to deploy the robots initially for internal factory tasks before broader commercial applications.
This Piper Sandler analysis highlights the growing emphasis among some investors and analysts on Tesla’s long-term technology platform potential beyond its current automotive and energy businesses.
As with any forward-looking valuation, outcomes will depend on execution timelines, technological breakthroughs, regulatory approvals for autonomous systems, and market adoption of humanoid robotics—areas that carry significant uncertainty and execution risk.
The note underscores a common theme in Tesla coverage: differing views on how to quantify emerging high-growth opportunities like robotics within the company’s overall enterprise value. Investors are advised to consider their own risk tolerance and conduct thorough due diligence regarding these speculative elements.
Trump’s invite for Elon just reshuffled Tesla’s big Signature Delivery Event
Tesla launches its solution to rare but relevant Supercharger problem
