Tesla Unveils Longer-Range Model Y with Updated Pricing

Tesla Revolutionizes Model Y Lineup with New Long Range RWD Variant and Lowered Prices

Tesla has made significant changes to its Model Y lineup by removing the Model Y Rear-Wheel Drive variant and replacing it with the Long Range RWD variant. This comes after the company reduced the price of the Model Y RWD by $2,000 to $42,990 just two weeks ago, making it the lowest list price ever. The Long Range RWD will now start at $44,990.

The Long Range RWD offers a range of 320 miles compared to the RWD’s 260 miles, making it a significant range boost for an additional $2,000 cost. The Model Y LR All-Wheel Drive, starting at $47,990, has a range of 310 miles but provides faster acceleration. Elon Musk mentioned on social media that many recent RWD Model Ys have an additional 40-60 miles of range that can be unlocked for $1,500-$2,000.

The Long Range RWD, like the previous base model, is eligible for $7,500 IRA tax credits, bringing the effective price down to $37,490. This is considerably cheaper than the Model 3 and makes Tesla’s lineup even more accessible to customers. The Model 3 RWD starts at $38,990 while the AWD is priced at $47,74

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