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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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#31
Quote from Pickle :
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.
And LR only seems to get you close (but not quite) to what an ICE version of the vehicle would get range-wise no sweat.

Checked this vs a comparable small SUV (this and the MachE are basically cars with fat asses that are wannabe SUVs), and the cost per mile driven would be exactly the same for me (7 cents/mile, and that's with home charging - superchargers would make the EV more expensive to drive per mile than the ICE). PBP is infinity.
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#32
Quote from Dr. J :
And LR only seems to get you close (but not quite) to what an ICE version of the vehicle would get range-wise no sweat.

Checked this vs a comparable small SUV (this and the MachE are basically cars with fat asses that are wannabe SUVs), and the cost per mile driven would be exactly the same for me (7 cents/mile, and that's with home charging - superchargers would make the EV more expensive to drive per mile than the ICE). PBP is infinity.
The pack size also affects the charging speed. Meaning if you have a 100kw pack you can charge each cell at the same rate as the 75kw pack, but as the 100 pack has more cells it will charge faster which means back on the road in less time for the range you need to get to the next supercharger.
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#33
BTW the SR features an EPA-estimated range of 244 miles per charge, my 3 SR gives me about 200 after 2 yrs (10% est. degradation, initially worse)

The good news is they're software locked so you/future buyer can unlock the range for a fee
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Last edited by vickh January 8, 2021 at 10:09 AM.
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#34
I frequently drive between NY and Chicago.(or NYC to Florida) I usually only need to make 1 stop to fill up the car. (not other stops)

Is this possible with a Tesla? How many charging stops will I have to make?(and how long?)

Thanks!
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#35
Was really holding out for a LR RWD. love my model 3 in that config and wanted the Y also. Don't need AWD in CA, but do enjoy the range
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01-08-2021 at 10:06 AM
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#37
Quote from Knightshade :
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.




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.
Wow, that's amazing. So 500,000 vehicles sold last year, at $12,200 per profit per vehicle Tesla should be announcing total earnings of 6.1 billion dollars for 2020 then? Oh wait it should be more than that, they'll probably have another 750million in carbon credits this year. So I should expect to see 6.85 billion in earnings last year then, is that correct?
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#38
Quote from Pickle :
The pack size also affects the charging speed. Meaning if you have a 100kw pack you can charge each cell at the same rate as the 75kw pack, but as the 100 pack has more cells it will charge faster which means back on the road in less time for the range you need to get to the next supercharger.

There are a lot of variables in supercharging. Using absolute best case scenarios, even a V3 can only give you on the order of 25 miles/minute [motortrend.com] "refueling" (this is only for the initial charge.... charging is not linear, so as you charge more that average goes down). An ICE of comparable size is probably going to be at least double that, with more range to boot.
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#39
Quote from LeviathanUltima :
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.
Can I ask what the slightly better interiors includes? Also, thank you for the recommendation to wait and the info about the previous 1 year supercharging perk.
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#40
Quote from FrozenBeer :
I frequently drive between NY and Chicago.(or NYC to Florida) I usually only need to make 1 stop to fill up the car. (not other stops)

Is this possible with a Tesla? How many charging stops will I have to make?(and how long?)

Thanks!
They actually have an app for that [tesla.com]. For NYC to Chicago their planner is telling me, for a Model Y LR, that the total trip will be about 16 hours, 804 miles and about 2.5 hours of that is spent charging (5 stops). Performance (non LR) is 6 stops anfd more like 3 hours charging although the planner says the total time is the same (likely rounding).

Not knowing where in FL you are going let's pick Orlando for the hell of it. Performance model, 21hr 4 min, 1092 miles, 6 stops, 4.5 hours of that charging. LR doesn't really buy you charging time and ironically is telling me 7 stops not 6.

Same route in an ICE (the route itself looks pretty direct, meaning it doesn't appear you take any real crazy detours to get to a supercharger) you might skate with a single fill up, depending on your car. Bottom line is that EV's in general aren't great for long hauls because their range is relatively low and refueling rate rather atrocious. Not impossible, just you'll be spending a lot of time killing at charging stations.
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Last edited by Dr. J January 8, 2021 at 10:18 AM.
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01-08-2021 at 10:13 AM
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#42
Quote from TiltJunkie :
Is there no more tax credit on Teslas? I thought it was reduced but not completely removed.
Tesla's last day for the tax credit was 12/31/2019 so it's been over a year since it ended.
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.
Yeah, because it was just released. Heck, they only sold 3 cars in December so dealers can charge a markup. Similar to what Toyota dealers are doing with the RAV4 Prime. Supply vs demand. You can order it online so the dealer won't be able to mark it up, but you'll have to wait.
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#43
Quote from coltrane69 :
Wow, that's amazing. So 500,000 vehicles sold last year, at $12,200 per profit per vehicle Tesla should be announcing total earnings of 6.1 billion dollars for 2020 then?
You seem unclear on gross vs net margin.

Tesla took most of that margin and reinvested it into building new production facilities so they can continue growing production and volume.


if they'd just sold those 500k cars, and NOT also been building 2 new factories ((and other future revenue stuff like R&D, etc) then yes, you'd see massive massive profit THIS year.

But that's dumb.

If you're making 12k margin on every car you should dump as much as possible into making MORE cars for as long as demand exceeds supply (which is a lot of years into the future at this rate)
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#44
Why do I don't see the 5K rebate for NJ ?
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#45
Getting back on topic - I'd love to hear reviews on the 3rd row. I have lease on a 2019 QX60 ending late this year and like the versatility (at least compared to other cars I've owned).

We want a Model Y and a 3rd row, but visually the car looks tiny!
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