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Tesla introduced a new compact electric Model Y crossover in Los Angeles, The Verge reported.

The $47,000 long-range Model Y will come first in the fall of 2020, and it will have a range of 300 miles.

“Tesla will also sell an all-wheel drive dual-motor version for $51,000 and a performance version for $60,000 — both of which will be available in fall 2020. The cheaper, standard range version with a range of 230 miles won’t be available until 2021, Musk said. It will sell for $39,000,” the source noted.

A total of four models will be offered to customers: Standard Range, Long Range, Dual Motor AWD and Performance.

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