Tesla Increases Price For Model Y Second Time This Week

Tesla Model Y

Tesla has increased prices for some Tesla Model Y vehicles in the United States. For instance, the price of the all-wheel drive Model Y sporting a 4680 battery is now $500 higher. As for concrete numbers, it costs $51,490 in comparison to the previous $50,990. At the same time, the price of the ordinary Model Y high-performance version has also increased by $500 to $58,490. The price of the long-range version has not changed.

How Much Tesla Model Y Costs Now

We also have to mention that due to cost fluctuations, Tesla has adjusted the pricing of Model Y in the United States for the second time this week. In generate, it is the fourth time that Tesla has adjusted the pricing of this model in the United States since the beginning of 2023. So in comparison to the price at the end of 2022, it’s up $2,000. But we have to remind you that its price was cut by $13,000 in early January.

Tesla raised the prices of several Model 3 and Model Y vehicles last weekend. On February 4, the Model Y Performance Edition raised the price again by $1,000. Last week, the long-range version of this vehicle increased by $1,500 to $54,990, while the performance version increased by $1,000 to $57,990.

Gizchina News of the week

Tesla Model Y

At the moment, Tesla uses its own 4680 batteries in the Tesla Model Y. They have limited storage. So Tesla lists the model in its “available inventory,” but it’s not yet available to order online.

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Since January this year, IRS’ new tax policy has begun taking effect. In combination with fluctuations, it caused demand changes. So there is every reason to think that in the coming weeks, we will see other price changes.

As a reminder, on February 3, IRS added the full range of Tesla Model Y products to the list of vehicles eligible for tax incentives.

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