Overview
- Tesla raised the Premium RWD and Premium AWD by $1,000 each, and the Performance by $500, setting new starting prices at $45,990, $49,990 and $57,990.
- Entry-level Model Y prices stay the same, with the base RWD at $39,990 and the base AWD at $41,990 to keep the lowest-cost options accessible.
- The change reverses a two‑year run of price cuts that boosted volume but squeezed automotive margins, suggesting Tesla sees firmer demand for higher trims.
- Rivals continue to press on price, as the Model Y Premium AWD at $49,990 now lists above Hyundai’s Ioniq 5 AWD and Ford’s Mustang Mach‑E Select AWD.
- For buyers, the increases are under 3% on affected trims and can be offset by federal tax credits and some state incentives if they qualify.