What?
Tesla has introduced a new variant of the Model Y, the Long Range Rear-wheel drive, and discontinued the previous cheapest RWD model. The new model offers 320 miles of range for $2k more, with the base price starting at $44,990 in the US. Tesla also added a new Quicksilver paint option for $2,000 exclusively for Long Range AWD and Performance models. Owners of the previous 260-mile battery Model Y may unlock additional hidden battery capacity for extra range for an additional cost pending regulatory approval.
So What?
The latest changes in Tesla’s Model Y lineup showcase the brand’s ongoing adjustments in pricing and offerings. The introduction of a longer range model for a slight price increase presents a more appealing option for those prioritizing range. The option to unlock hidden battery capacity provides flexibility for existing owners seeking extended range without having to purchase a new vehicle. Tesla’s continuous innovation and updates reflect its commitment to providing enhanced options for consumers in the electric vehicle market.
What’s next?
As Tesla continues to refine its lineup and introduce new features, consumers can expect further developments in its offerings. With the pending regulatory approval for the battery range unlock feature, owners of the previous Model Y may soon have the option to enhance their vehicles’ capabilities. Keeping an eye on Tesla’s future announcements and updates can provide insights into upcoming enhancements and potential opportunities for current and prospective Tesla owners.