autoevolution
 

Tesla Bumps Pricing for the Model Y a Month After Another Price Increase

Tesla Model Y 8 photos
Photo: Tesla
Tesla Model YTesla Model YThe Tesla Model Y was the best-selling car in 2023The Tesla Model Y was the best-selling car in 2023Tesla Model Y "Juniper"Tesla Model Y "Juniper"Tesla Model Y "Juniper"
Tesla has done something that we are not exactly used to. The automaker increased the price of its best-selling model after getting its customers used to discounts. The Model Y will be $1,000 more expensive starting next month. Codenamed Juniper, the updated Model Y is on its way.
Prices will increase, the automaker announced on its official website. April 1 is the day Tesla switches to the new pricing scheme for all three variants of the Model Y. All of them qualify for the $7,500 federal tax credit on the American market. The move affects multiple markets, with China, Europe, and the United States included.

Right now, the entry-level Model Y, powered by a single-motor in a rear-wheel drive setup, starts at $43,990 before the $7,500 federal tax credit or local credits. If you subtract the governmental bonus, you end up with a $36,490 electric crossover. The money brings a car with 295 horsepower (299 metric horsepower) and 310 pound-feet (420 Newton meters) of torque for a run from 0 to 60 mph in 6.6 seconds.

The entry-level version is $5,000 more expensive, with the extra money bringing an extra motor and extra oomph. Meanwhile, the Model Y AWD Performance sits at the top of the lineup with a starting price of $52,590.

The range-topping Y comes with 456 horsepower (463 metric horsepower) and 471 pound-feet (639 Newton meters). The Performance version hits 60 mph from a standstill in 3.7 seconds, which is supercar territory, on its way to a top speed of 150 mph (241 kph).

A discount was in force until the end of February. Prices were raised by $1,000 starting March 1 as well. Therefore, the updated pricing comes only a month later after another price increase.

The world's best-selling car last year is also on the list for the 5,000 free Supercharging miles on cash or finance purchases when taking delivery by March 31. Furthermore, Tesla has come up with 5,000 miles of free Supercharging on all trade-ins.

The Cybertruck is not included in the trade-in offer

The Cybertruck is the only exception from Tesla's trade-in offer as it is subject to a no-sale policy that some customers have been ignoring. The owners who want to sell their vehicle have to notify Tesla and give the carmaker the chance to buy it back. They can indeed sell it if Tesla declines to have it returned. But before listing the Cybertruck for sale, the owners must wait for the automaker's written consent.

Tesla has started on a mission to hunt down the car flippers and lock them out of the customers’ list. Once blacklisted, they will never be able to order a Tesla. One customer has received an email from carmaker, announcing him that all his reservations had been canceled and he would never be able to order another EV from the carmaker again.

The Cybertruck owner had been trying to sell his pickup truck, listing it "literally everywhere."
If you liked the article, please follow us:  Google News icon Google News Youtube Instagram
 

Would you like AUTOEVOLUTION to send you notifications?

You will only receive our top stories