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Tesla Model Y standard range available for $39,990, 7 seat config released as $3000 option

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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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Created 01-08-2021 at 08:23 AM by smachine
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Questions & Answers BETA
OneMadOne asked this question on 01-10-2021 at 03:59 PM
01-11-2021 at 09:59 AM
It depends on your opinion of Tesla. This is an opportunity to pre-order early if you're in the market for a new car and really desire a highly capable electric vehicle, but don't need the range or AWD.
01-13-2021 at 08:48 AM
No, its not a deal but an announcement for a more affordable version of a popular car.
Doctoramywhite asked this question on 01-12-2021 at 06:19 PM
01-13-2021 at 10:02 AM
That is not a question. Just a crappy half truth.

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#16
Quote from mikebpi :
Ford has been making electric cars since 1914.
https://insideevs.com/features/34...nd-future/

Absolutely true.
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#17
Quote from mikebpi :
Ford has been making electric cars since 1914.
Very different cars! Even Ford Focus EV was in a very different category of cars from the two we are discussing here. I am not a big fan of Tesla but they do have upper hand on EV technology.
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#18
Quote from triggerhappy007 :
Still not undercutting the Mach-E. That's more than a $2-$3k difference.

Model Y - $41,990 + 1,200 delivery = $43,190.
Mach-E - $42,895 $1,100 delivery = $43,995 - $7,500 tax credit = $36,495.
True, but I have yet to find a dealer that is willing to sell me one at MSRP. All of them are asking premium over MSRP - at least in this area.
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#19
Quote from itsxjustin :
Fomo on tesla is greater than Bitcoin
Plenty of other opportunities across the market. Don't worry about what you've missed and focus on what you can gain with the current market.
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#20
Quote from sd8384 :
Very interesting move by Tesla. I think this is to undercut the price of Ford Mach-E; Even after including the federal saving that Ford would qualify for, the final cost would be in $2-3k range difference now. And arguably Tesla is more car for the money and longer production history and better charging network.
Tesla is battery constrained. The SR Y is to move more cars with high margin, which they couldn't do with a LR Y due to battery production constraints. Expect this for a year until the next cells ramp up.
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#21
Quote from TiltJunkie :
Is there no more tax credit on Teslas? I thought it was reduced but not completely removed.
No more fed but might come back this year with Democrats


7 seat config has been released anyone test drive yet? I have a 6 y.o i want to stick back there..
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#22
Quote from nsayed :
Elon says no more cars under 300mile range?!? Charge 2-3k more and make it a long range

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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01-08-2021 at 09:39 AM
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#24
Quote from sd8384 :
Very different cars! Even Ford Focus EV was in a very different category of cars from the two we are discussing here. I am not a big fan of Tesla but they do have upper hand on EV technology.
Agreed, but even with Tesla's upper hand on making electrics, up to this point neither Ford or Tesla has ever made any money making these Electric vehicles (without carbon credits, or tax subsidies). I'm sure the day will come when electrics finally start producing profits, And that'll probably also be the same day Toyota, Volkswagen, GM, Stalantis, Ford and all the other auto manufacturers finally go all in on electrics. Maybe once solid state battery technology comes to fruition, that' could be the turning point for mass adoption. But until legacy auto company's can consistently make money on these cars, they'll Let Tesla "dominate" the money losing EV market.
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#25
Quote from sd8384 :
True, but I have yet to find a dealer that is willing to sell me one at MSRP. All of them are asking premium over MSRP - at least in this area.
True w/ trad. dealers markup and a huge advantage @Tesla=500K sales and richest man in world
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#26
Quote from DestroyerOfMines :
Tesla has been making electric cars for longer than Ford, I think that's what he's saying.
Yeah right https://arstechnica.com/cars/2020...vey-finds/
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#27
Quote from coltrane69 :
Agreed, but even with Tesla's upper hand on making electrics, up to this point neither Ford or Tesla has ever made any money making these Electric vehicles (without carbon credits, or tax subsidies)
Not sure why people keep repeating this lie.

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.


Quote from coltrane69 :
. I'm sure the day will come when electrics finally start producing profits
That day was a couple of years ago.

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.
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01-08-2021 at 09:49 AM
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#29
Repeating my comment from last thread about cheaper model Y.

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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#30
As a 2014 S owner I can say that range and charging speeds are the greatest headache. I wouldn't purchase a non long range model.
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