Tesla Raises Model Y Prices by Up to $1,000
Tesla increased prices on two Model Y variants by $1,000 and one variant by $500. The changes took effect on the company's website.
manofmany.comTesla raised prices on three Model Y trims. The Model Y Premium all-wheel drive now costs $49,990 and the Model Y Premium rear-wheel drive now costs $45,990, each up $1,000. The Model Y Performance all-wheel drive rose $500 to $57,990.
Tesla's website, the increases apply to the listed configurations. The adjustments follow a pattern of selective price changes across the company's vehicle lineup. In August 2024, Tesla raised the price of its highest-end Cybertruck trim by $15,000. That increase occurred despite weak sales and ongoing recalls for the model. The recent Model Y adjustments reflect the same pricing approach.
Key Facts
Story Timeline
3 events- August 2024
Tesla raised highest-end Cybertruck trim price by $15,000.
1 sourceBenzinga - Current
Tesla raised Model Y Premium AWD and RWD prices by $1,000 each.
1 sourceBenzinga - Current
Tesla raised Model Y Performance AWD price by $500.
1 sourceBenzinga
Potential Impact
- 01
Buyers of the affected Model Y trims will pay higher prices.
Transparency Panel
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