Tesla Has Increased The Price Of Its Model Y Yet Again

Tesla has increased the price of its Model Y car in the United States, a move that marks the eighth time that has happened since the beginning of the year. It isn’t only the Model Y that has seen a price increase over the last 12 months, either.

Anyone buying a new Model Y in the United States today will pay a thousand dollars more than if they were buying yesterday, unfortunately.

For example:

  • Tesla Model Y Long Range Dual Motor: price went from $57,990 to $58,990
  • Tesla Model Y Performance: price went from $62,990 to $63,990

To put that into perspective, Electrek reminds us that Tesla was selling the Model Y Long Range was selling for just $50,000 earlier this year. Now, you’ll pay considerably more.

However, this change comes at a time where new incentives are also coming online, giving Tesla buyers up to $7,500 back in tax credit. But there’s a catch:

However, some details are vague, and it’s not clear if it will be retroactive for vehicles delivered during a period of time in 2021 or if it will be for new electric cars bought in 2022.

It’s worth noting that the new Model Y pricing that kicks in today is only for new orders, so anyone who already has a car on backorder will only have to pay the original price from the time of order, thankfully.

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