Telsa shares climbed more than 2% on Wednesday and Thursday as the electric-car maker prepares to unveil the Model Y on Thursday evening. Investors are hopeful that the Model Y could be the jolt Tesla needs to emerge from its recent woes. Wedbush analyst Dan Ives said; "We believe rolling out the red carpet for the next generation EV SUV cross over model could be a potential game-changer for Musk & Co. when this product goes into full production in 2020". Business Insider reports that the Model Y is an all-electric sports-utility-vehicle crossover which will share 75% of its parts with the Model 3.

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