Tesla raises Model Y pricing following federal tax credit change
incentive on the five-seat Model Y, but you had to configure the vehicle in a way so that it fell under the $55,000 sedan threshold. Now, all Model Y variants, including the Performance model, fall under the $80,000 SUV ceiling.
The automaker did not say if it increased Model Y pricing in response to Friday’s announcement. Following the January price cut, Tesla CFO Zach Kirkhorn said the move was partly an effort to ensure more of the company's cars fell under the $55,000 threshold. With the Model Y now comfortably under the $80,000 limit, Tesla has more freedom to price the vehicle as it sees fit.
All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission. All prices are correct at the time of publishing.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Engadget Podcast: Unpacking Samsung's Galaxy announcements and our HomePod review | EngadgetThis week, we dig into the plethora of AI-generated pictures and words that have been dominating our social feeds lately.
Read more »
Motor Mouth: The most important electric vehicle since the Tesla Model S?The most important electric vehicle since the Tesla Model S? — via drivingdotca NewVehicles FamilyVehicles ElectricVehicles
Read more »
Tesla Model 3 Refresh 'Project Highland' Out Testing Under WrapsWhile Tesla fans scramble to secure images and footage of the upcoming Cybertruck out testing, we can't forget about the refreshed Model 3. What's Tesla hiding?
Read more »
The Treasury Department just fixed the EV tax credit’s Tesla Model Y problemThe Cadillac Lyriq and Tesla Model Y are SUVs again.
Read more »
Hyundai Ioniq 6 beats Tesla Model 3 range with 361 milesInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
Tesla Model Y owner says steering wheel fell off five days after getting the car - Autoblog'I was driving a normal speed in the left lane when all the sudden I had this loose wheel in my hand,' Prerak Patel told Insider.
Read more »