At first glance, it appeared that Tesla Model 3 had a doppelganger.

After years of teasers and hints, Tesla CEO Elon Musk finally unveiled the Model Y, a mid-sized all-electric vehicle that is slated to hit the marketplace in fall 2020.

The Model Y bears a striking resemblance to Model 3. The vehicle, which will come in a standard, long range, dual-motor all-wheel and performance variants, is a bit larger than the Model 3, allowing it to accommodate seven people (for those who opt to pay the $3,000 up charge). It also sits slightly higher than the Model 3. One of the most distinguishing differences is that the Model Y has a panoramic roof.

And that’s where the differences start to fade away.

The Model Y has the same interior as the Model 3, including the same single 15-inch touchscreen interface as well as other features like the door handles.

The photo below is a Model 3. 

And now, the Model Y. Notice a slightly higher stance and shorter front end.

Other important specs

The standard range version will start $39,000 and have 230 mile range. However, Tesla will first produce the performance, dual-motor and long range versions. Customers who want the standard range version of the Model Y will have to wait until at least spring 2021. The performance and dual motor variants will be able to travel 280 miles on a single charge, while the long-range version will, as it sounds, have the longest range at 300 miles.

All of the variants are designed to have the same kind of performance as its smaller sibling. The performance version of the Model Y will be able to travel from 0 to 60 miles per hour in 3.5 seconds and reach a top speed of 150 mph.

But that kind of performance comes at a higher price. The performance version will start at $60,000. The dual motor variant will start at $51,000 and the base price of the long-range version will be $47,000.

Musk didn’t say where the Model Y would be produced, nor did he get into other details beyond the vehicle specs and a vague timeline.

He did provide a bullish forecast for the Model Y, stating towards the end of the event that he expects Y sales to exceed Model S and Model X combined. Tesla has sold more than 500,000 vehicles to date, including the Roadster, S, X and 3.