Tesla shaves $3,000 off Model Y price months after sales start


The Model Y Long Range can travel up to 316 miles on a single charge; Tesla has more than 17,000 charging stations and worldwide and is opening six new charging locations every week, according to its website.

The common major a few USA automakers, Ford, GM and Fiat Chrysler Automobiles, are offering % funding prices, in addition to deferred or for a longer time-time period payment selections, when other automakers have also announced incentives and payment ideas to enchantment to new buyers and preserve present homeowners from defaulting on loans.

Up until yesterday, that was supposed to be the Standard Range Model Y, which was supposed to go into production early next year.

Tesla is no stranger to frequently tweaking the prices of its models.

After Tesla removed the Model Y Standard Range RWD from its online configurator, speculation was rife that the model has been axed.

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The Palo Alto-based automaker, however, lumped its Model Y sales in with its Model 3 sales in the delivery report.

The Model Y crossover will face competition from European nameplates like Volkswagen which are rolling out their own electric versions. The Standard Range version is expected for Tesla's Model 3.

As is par for the course at Tesla, major lineup changes were announced via Elon Musk's Twitter. " LR stands for Long Range, i.e. versions with a longer range". That said, the new plan is for another affordable version to take its place in the coming few months. As you can see, it's still on the table, and it will have a range of over 300 miles. At launch in March 2020, and still today, the Model Y is available in Long Range all-wheel-drive (AWD) and Performance AWD configurations.

The price cuts to the Model Y follow similar price cuts made to the rest of Tesla's lineup.