Here it is. The newest Tesla on the block.

The Tesla Model Y electric crossover has been officially revealed.

This highly anticipated electric CUV is sure to send ripples through the automotive segment.

***UPDATE: Adds more details additional images, etc.

In the lead up to this reveal, speculation took over the Internet. Some suggested a starting price of $45,000. Others believed the electric CUV would come in below $40,000. Meanwhile, range estimates and battery size guesses were all over the place. So too were seating arrangements, AWD as standard or not and so on.

That's all behind us now because we have officially official info to share.

Starts at $47,000 and eventually, it will be available at $39,000.  Gauntlet thrown down. See all ya would be contenders later.

If you'd like to design your Model Y and put down a $2,500 deposit, click here.

Tesla states the following in regards to the Model Y:

Model Y is an all-electric, mid-size SUV designed for maximum versatility and safety. Model Y will start at $39,000 for the Standard Range version, and will also come in Long Range, Dual-Motor All-Wheel Drive, and Performance variants.

Model Y is spacious enough to carry seven adults and their gear and offers leading range, superior performance, and the most advanced technology. The high-efficiency powertrain and ultra-responsive motors will provide 0-60 mph acceleration in as little as 3.5 seconds and a top speed of up to 150 mph, with excellent handling for any road condition. Model Y Standard Battery will have 230 miles of range, while Model Y Long Range will be able to travel up to 300 miles on a single charge.

Inside, Model Y's panoramic glass roof and high seating creates a feeling of spaciousness and offers an expansive view from every seat in the vehicle. The front trunk and split-folding second-row seats provide a total of 66 cubic feet (1.9 cubic meters) of storage space. Like Model 3, Model Y requires no keys, but instead connects to your smartphone for seamless entry and exit, with a single 15-inch touchscreen interface inside for all of the car's controls. Model Y also connects with the Tesla Mobile app for unique, easy-to-access features like remote unlock, Summon, remote pre-conditioning, location tracking, Speed Limit Mode, and much more.

Model Y is designed to be the safest mid-size SUV. Built from the ground up as an electric vehicle, the low center of gravity, rigid body structure and large crumple zones provide unparalleled protection. Its aerodynamic design and leading battery technology also make it highly-efficient in terms of energy usage, meaning you can achieve better range with less energy than other EVs on the market. Model Y is also compatible with our current Supercharger network of more than 12,000 Superchargers in 36 countries, as well as our new V3 Superchargers which can charge at rates up to 1,000 miles per hour.

Deliveries are expected to begin in Fall 2020 for Model Y Performance, Long Range Rear-Wheel Drive, and Dual-Motor All-Wheel Drive variants, and Spring 2021 for the $39,000 Model Y Standard Range. Please visit our Design Studio to see available options and current delivery estimates.

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