tesla model y

Fisker has once again teased its rival to the Tesla Model Y, as it weighs up which North American city in which to base its manufacturing plant. The company, headed up by Henrik Fisker – the man responsible for the original Fisker Karma, the BMW Z8 and the Aston Martin DB9 – is prepping its first 'affordable' electric vehicle at the moment, with sights firmly set on the recently-revealed Tesla Model Y.

With hours to go until the Tesla Model Y is given its formal debut, the electric car maker has teased its second crossover on Twitter. The video posted on the social media network shows the Model Y under a car cover, revealing the car's silhouette. Just like the bigger Model X, the new crossover will have a steeply raked rear, meaning it shares more in common with a BMW X4 than a Toyota Kluger.

Tesla's mercurial founder and CEO, Elon Musk, has sent Tesla stock soaring with a cryptic triptych of tweets. We'll know more on Thursday 2pm, California time, but Musk – rebranded Elon Tusk on Twitter, naturally – has promised "Some Tesla news". In most cases, that wouldn't be news. But after the tweet made its way around the world Tesla stocks rose by almost 6.0 per cent, proving Musk is still able to move markets with a few sweeps of his thumbs.