Tesla launches a cheaper Model Y RWD option in the US
Shortly after Tesla us dropped the base AWD Model Y option from its configurator, the company adds a rear-wheel drive option that's $3,750 cheaper. It starts at $43,990 and when you apply the full tax credit of $7,500, the actual asking price goes down to $36,490.
Some believe that Tesla is using Lithium-iron-Phosphate (LFP) batteries, which are cheaper to produce than Nickel-Manganese-Cobalt (NMC) cells. They are also touted as more durable and more efficient. Perhaps that's the reason Tesla is able to keep the price of the new Model Y so low.
It's the most affordable Model Y so far.
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