Tesla reduces Model Y prices, now starts below 50,000 Discussions

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Since January, price decreases are led by the Hyundai IONIQ 5, Kia EV6, the Tesla Model 3, and Tesla Model Y. On Tesla's used car website, Model Ys are priced starting at under $30,000. Hertz is.

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In this new price update tonight, Tesla has greatly reduced Model Y prices across the entire lineup. Each variant saw its price cut by $3,000 overnight: Model Y AWD: went from $49,990 to $46,990.

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Now, it once again slashed prices, following the Biden administration's new guidance on which electric vehicles (EVs) are eligible for tax credits. Tesla cut $5,000 off both the Model S and.

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The average transaction price for a new electric vehicle dropped sharply from a year ago, says Kelley Blue Book (KBB). Tesla's price cuts have pushed electric vehicle (EV) prices down more than 22.

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Tesla Inc. is now charging less for the cheapest version of the Model Y SUV than what the typical new vehicle sells for in the US, a threshold Elon Musk crossed in blazing fashion. At $46,990, the.

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At $46,990, the base Model Y now costs $759 less than the average amount paid for a car or truck in the U.S. The differential between these figures has changed by more than $20,000 since the.

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The price drops were made to Tesla's more affordable vehicles, including the Model 3, which was cut by $2,000. Earlier this month, prices on the Model 3 dropped by $1,000. Model Y vehicles also.

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Tesla announced large price cuts for its U.S. vehicles today, with the biggest drop affecting the base Model Y.The entry-level EV costs $13,000 less today than it was yesterday (a 20 percent drop.

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According to the Tesla website, the newest model will accelerate from 0-60mph in 6.6 seconds, compared to 5.0 seconds in the case of the retired Model Y AWD. A top speed is still slated at 135mph.

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Model Y is a fully electric, mid-size SUV with unparalleled protection and versatile cargo space. $7,500 Federal Tax Credit. Eligible buyers now receive $7,500 off the purchase price of new 2024 Model Y. Applied at time of delivery.. Eligible buyers now receive $7,500 off the purchase price of new 2024 Model Y. Applied at time of delivery..

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The Model Y, the top-selling electric vehicle in the U.S. in 2022, now starts at $46,990, according to Bloomberg. The cost of the Model Y was first dropped in January amid slowing sales and drops in Tesla's stock price, making both its all-wheel and long-range drives eligible for a $7,500 federal tax credit for electric vehicles.

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So in addition to the $13,000 price drop, the base Model Y is another $7,500 cheaper for those who qualify for the full tax credit, meaning a Model Y ordered today could be more than $20K cheaper.

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The Model Y AWD, which is widely speculated to be the variant equipped with 4680 battery cells, now starts at $46,990. The Model Y Long Range, on the other hand, now starts at $49,990, and the.

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The Tesla website shows the Model Y with the largest drop in sticker price, from $65,990 to $52,990, a 20% decrease. The lowest-priced Model 3 dropped to $43,990 from $46,990, a 6.4% drop. The.

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The Model 3 now starts at $38,190, a drop of $1000 from the previous starting price of $39,190. The Standard Range Model Y experienced a deeper $2000 cut in price and currently starts at $41,190.

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The base Real Wheel Drive Model Y is getting a $1,000 discount, to $42,990, but the new owner must take delivery by Feb. 29. The All Wheel Drive Model Y also has been reduced by $1,000, to $47,990.