The company’s fifth car will be available in four configurations, and will seat seven passengers with an optional third row. The base variant comes in at $39,000, with a range of 370 kilometers (230 miles) on a single charge; the top-end Performance model will be able to cover 450 kilometers (280 miles), hit a top speed of 240 kmph (150mph), and set you back by $60,000.

“It has the functionality of an SUV, but it will ride like a sports car,” Musk said. “So this thing will be really tight on corners.”

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