There is a more affordable variant of the Tesla Model Y available. Now starts at $39,990 ($2k price cut) for a RWD 244 mile version. Those in CA will get $1500 additional off at time of purchase bringing it to $38,490 from Clean Fuel Reward (no income limits).. Some may also be eligible for the $2000 CVRP rebate but there are income limits. For those out of CA your state may also have additional incentives, I believe NJ had $5000 off (expired for now but may return) and you aren't charged tax on an ev making it an even better deal. The 7 seat config has been released as a $3000 option.
https://www.tesla.com/modely/design#battery
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Our community has rated this post as helpful. If you agree, why not thank coltrane69
Absolutely true.
Model Y - $41,990 + 1,200 delivery = $43,190.
Mach-E - $42,895 $1,100 delivery = $43,995 - $7,500 tax credit = $36,495.
7 seat config has been released anyone test drive yet? I have a 6 y.o i want to stick back there..
Makes no business sense.
Tesla, like all EV makers, is battery limited.
SR uses less batteries so they can make more of them.
Selling a "cheaper" RWD LR is a money loser for Tesla versus selling a greater number of SR RWD.
You want LR, buy the AWD or P.
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Tesla has been profitable 7 of the last 9 quarters.
And could be even without tax credits.
In a couple weeks they announce Q4 earnings- they're likely be -extremely- profitable on top of said credits....
They were profitable ex credits (if you do the math honestly) in Q3.
They sold an extra 41,000 cars in Q4. With a gross profit per car of $12,200 (based on Q3 gross profit, probably higher in Q4).
That's 500 million dollars of additional gross profit Q4 over Q3.
Tesla has largely been reinvesting the profits into the company to build more factories and scale up though.
That's how growth companies work.
Amazon didn't post much profit at all for like 10 years when they were in hypergrowth- but their revenues were exploding, and once they had built "enough" with them their profits were likewise phenomenal.
Same thing here.
it's one of the reasons Tesla is worth so much more than other car companies.
They make 5-figure gross profits on each car they sell.
In contrast VW is losing almost $5000 for each ID.3 they sell.
I would wait. Usually at the end of the quarter tesla adds perks to meet numbers. So right now is the absolute worst time to buy. Sure there is no guarantee they will offer perks, but historically they have like end of last quarter with 1 year free supercharging.
The other reasons are:
1) chinese model y have a few upgrades likely to migrate over to the north American model y soon like slightly better interiors and hepa filter.
2) tesla is still working out the issues with heat pump in harsh winter temperature. There have been reports the heat pump failing in really low temperature.
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