The electric crossover had only crested the $60,000 mark late last year, drawing some criticism for the move, which placed the EV once hailed as affordable and easy to produce (due to its links to the Model 3) into slightly different territory.Įlon Musk Says Tesla ‘Dropped the Ball’ on Model X The Performance version of the Model Y received a $3000 price hike, and now starts at $69,190. The base Model Y Long Range received a $2000 price hike and now starts at $64,190. This week the Austin-based automaker quietly raised prices for all of its models by fairly usual-but noticeable-amounts. Sudden changes in price are nothing new for Tesla, but lately they all seem to go in one direction.
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The recent price increases have come as Tesla buyers are expected to soon regain access to the federal EV incentive. While $1,000 might not be much relative to the total price, it is more about the accumulation of the smaller price increases throughout the year.Įarly in 2021, Tesla was selling the Model Y Long Range for just $50,000. Here’s what Tesla’s Model Y configurator looks like after the overnight update: Tesla Model Y Performance: price went from $62,990 to $63,990.Tesla Model Y Long Range Dual Motor: price went from $57,990 to $58,990.Here are all the updated prices for all versions of the Model Y: However, in this price increase revealed through another overnight configurator update, Tesla only appears to be increasing the price of the Model Y.īoth trims have received a $1,000 price increase. With the very frequent price increases this year, Tesla would generally apply them to both Model 3 and Model Y, which share lots of parts and the automaker blamed price increases on supply chain costs.
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Now just a week later, the automaker is again increasing prices, but this time it’s only for the Model Y. In November, Tesla started the month with another significant price increase across the lineup. Last month alone, there were two significant price increases on Model 3 and Model Y. Tesla prices have increased widely across the entire lineup in 2021. Tesla has again increased the price of the Model Y in the US (the eighth time this year), and it is coming as new incentives are expected.