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After more than a year of shadowy teaser images, Tesla's latest electric car, the Model Y, was finally revealed Thursday night. 

As Tesla CEO Elon Musk said, "We are bringing sexy back quite literally," with the mid-size SUV Y completing the Tesla line of Models S, 3, and X.

Speaking to a crowded room at the Tesla Design Studio in Southern California, Musk confirmed that the car will cost 10 percent more than the Model 3, which has a base price of $35,000. The starting Model Y base price is $39,000 for about 230 miles of range. The original Tesla SUV, 2015's Model X, starts at $88,000.

The Model Y is unveiled at last.

The Model Y is unveiled at last.

Image: Tesla / screengrab Read more...

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