Sign up for daily news updates from CleanTechnica via email or follow on Google News for the latest updates. The Tesla Model Y now has a starting price of $42,990, making it even cheaper than before. With the addition of the US EV tax credit, the price drops to $35,490. The Model Y Long Range option offers extra range and quicker acceleration for $47,990 or $40,490 after the tax credit. This price drop is expected to boost sales as it opens up the market to more buyers.
The Model 3 starts at $38,990 with no tax credit, but leasing options start at $299/month. Both models have their own appeal, with the Model Y outselling the Model 3 last quarter by 3:1. The Model 3 has been upgraded with new technology and design features, while the Model Y offers more cargo space and a higher seating position. The price drop for the Model Y makes it even more tempting to purchase now.
While free color options are limited, additional colors and features can be added for an extra cost. The Model Y and Model 3 both offer different driving experiences and features, appealing to a variety of buyers. The Model Y’s recent price reduction is expected to drive sales and maintain its popularity in the market.
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