Tesla Inc. has introduced a more affordable, long-range version of the Model Y facelift, replacing the limited-run launch edition. This new model offers several key differences from its predecessor.
Key Features of the New Model Y
- The long-range version is priced at approximately $41,490 with the Federal EV credit, making it about $10,000 cheaper than the launch edition.
- The new Model Y is only available with all-wheel drive and boasts a claimed range of 327 miles on a single charge.
- It comes standard with 19-inch wheels, but customers can upgrade to 20-inch wheels for an additional $2,000, which reduces the range to 303 miles.
Optional Features and Upgrades
- The Full Self-Driving (FSD) feature is available for an extra $8,000.
- A tow hitch can be added for $1,000.
- The Model Y Facelift is available in ‘Stealth Grey’ as standard, with other color options available for an additional $1,000-$2,000.
Market Impact
Tesla’s introduction of cheaper trims for its models, such as the recent release of a rear-wheel drive, long-range version of the Cybertruck, may help the brand appeal to a broader range of consumers in the domestic market. This move is significant, given the increasing adoption of electric vehicles (EVs) among drivers.
Recent Developments
The company has also announced a comprehensive list of Spring software updates for all its models, which will bring new features to Tesla vehicles. These updates will help the company stay competitive in the domestic EV sector, where it currently dominates in sales.
Conclusion
The new 2025 Tesla Model Y Long Range offers a more affordable option for customers, with a range of features and upgrades available. As the EV market continues to grow, Tesla’s strategic moves aim to maintain its position as a leading player in the industry.