CEO Alon Mesc will unveil the Y model at the Tesla design studio in Varna, California, shortly after 8:00 p.m. PT.
To date, Tesla has not released major details about the Y model, such as price and battery. Tesla said it expects to produce the high-Y model by the end of 2020.
Car manufacturer Said the Y model share most of its components with model 3. This is likely to be cheaper than Tesla's big SUV, Model X, which starts at $ 88,000.
This is a developing story.