Tesla is about to unveil the Mannequin Y — and one analyst says it might double the corporate’s addressable market (TSLA)

Wall Avenue analysts are rife with predictions for Tesla's Mannequin Y, set to be unveiled tonight.  Gene Munster of Loup Ventures estimates the brand new automobile might double Tesla's whole addressable market.  The corporate shared a teaser of the automobile on Twitter Thursday.  Tesla's Mannequin Y is about to be unveiled on Thursday evening. The corporate launched a teaser video within the hours main as much as the occasion, which kicks off at eight PM Pacific at Tesla's design studio in Hawthorne. In the meantime, Wall Avenue predictions for the automobile and the implications for Tesla's enterprise have been pouring in because the automobile's launch approaches. Longtime Tesla bull Gene Munster could not be extra excited. In a notice to purchasers Thursday, Munster estimated the Mannequin Y might double Tesla's whole addressable market. "The Mannequin Y is necessary as a result of getting into the SUV/cross over market successfully doubles Tesla's addressable market, however we warning it is going to possible take two years earlier than the $39okay mannequin might be out there," he mentioned. Muenster notes that we possible will not see pre-order information from the Mannequin Y as we did with the Mannequin three in 2016, as a result of these numbers will possible pale compared to the sedan. What's extra, anybody who places down a deposit possible will not even see the automobile till at the very least 2021. Listed below are some extra of Munster's predictions for Thursday's reveal: $39,000 RWD  62 kWh battery pack   230 EPA mile vary  Zero-60 in 5.9 seconds  Zero.25 drag coefficient  187 inches lengthy Mannequin Y shares 75% of the identical components as Mannequin three. Now learn: Tesla is about to disclose the Mannequin Y — this is how a lot it might price Tesla is in 'demand hell' forward of its Mannequin Y unveiling, Wall Avenue's largest bear says Tesla is about to unveil the Mannequin Y. Here is the whole lot we all know in regards to the automobile to date. Be a part of the dialog about this story » NOW WATCH: Aston Martin's new fully-electric Lagonda might be the way forward for SUVs