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expiredMurraytheDemonSkull posted Jan 13, 2023 04:18 AM
expiredMurraytheDemonSkull posted Jan 13, 2023 04:18 AM

2023 Tesla Model Y + $7,500 Federal Tax Credit

(For Qualifying Buyers)

$52,990

$52,990

12,285 Comments 2,616,796 Views
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Deal Details
Tesla has dropped the base price of the Tesla Model Y from $65,990 down to $52,990. This price reduction means the Model Y now qualifies for the $7,500 Federal Tax Credit (details here).

Thanks to Community Member MurraytheDemonSkull for finding this deal.

Additionally, the base prices of all Tesla vehicles have been reduced. The base Model 3 is now $43,990, which is $3,000 lower than before. The Model 3 Performance is now $53,990, which is $9,000 lower than before, and now qualifies for the tax credit.

Editor's Notes

Written by RazorConcepts
  • This is $13,000 lower (19% savings) than the previous base price.
  • Factoring in the tax credit, the price of the Model Y today is $20,000 less than one purchased in December 2022.
  • To qualify for the federal tax credit, one must not exceed the following adjusted gross income limits:
    • $300,000 for married couples filing jointly
    • $225,000 for heads of households
    • $150,000 for all other filers
  • The tax credit is not refundable, which means one must have federal tax due to take advantage of it. If the tax due is less than the credit amount, one can only claim the credit up to the amount of the tax due.
  • Refer to the forum thread for additional deal discussion.

Original Post

Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Tesla has dropped the base price of the Tesla Model Y from $65,990 down to $52,990. This price reduction means the Model Y now qualifies for the $7,500 Federal Tax Credit (details here).

Thanks to Community Member MurraytheDemonSkull for finding this deal.

Additionally, the base prices of all Tesla vehicles have been reduced. The base Model 3 is now $43,990, which is $3,000 lower than before. The Model 3 Performance is now $53,990, which is $9,000 lower than before, and now qualifies for the tax credit.

Editor's Notes

Written by RazorConcepts
  • This is $13,000 lower (19% savings) than the previous base price.
  • Factoring in the tax credit, the price of the Model Y today is $20,000 less than one purchased in December 2022.
  • To qualify for the federal tax credit, one must not exceed the following adjusted gross income limits:
    • $300,000 for married couples filing jointly
    • $225,000 for heads of households
    • $150,000 for all other filers
  • The tax credit is not refundable, which means one must have federal tax due to take advantage of it. If the tax due is less than the credit amount, one can only claim the credit up to the amount of the tax due.
  • Refer to the forum thread for additional deal discussion.

Original Post

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Top Comments

TofuVic
19698 Posts
27789 Reputation
If anyone is interested in hard numbers to figure out how much less expensive it is now compared to Tesla's best deal of 2022 - $7,500 discount with 10,000 free Supercharger miles - I bought a Tesla Model Y Long Range 7-Seater with white interior in late December 2022.

Excluding taxes and fees, I paid $63,940. It's now $59,630, which is $4,310 less, and it is eligible for the $7,500 tax credit. That means if I didn't buy it in December and bought it today, I would have saved $11,810 + sales tax, so a bit over $12,000 in savings I missed. (I got 10,000 Supercharger miles, which is worth somewhere between $500 and $1,000.) With taxes and fees, I paid $71,578.55 in total.

For those who do order, I recommend this Tesla Prep guide [glideapp.io] to check for build quality issues on delivery day.

I hope this helps,
Tofu Vic
oceanone
1290 Posts
286 Reputation
Tesla plans to add a new radar product to its vehicles in mid-January, according to documents posted with the Federal Communications Commission.

The disclosure, which was first reported by Electrek, comes as the company faces scrutiny over the safety and capabilities of its standard advanced driver assistance system known as Autopilot and the $15,000 optional upgraded product branded as "Full Self-Driving." Tesla FSD beta software offers some automated driving features but is not a self-driving system.

The luxury EV-maker has long claimed it could reach full autonomy through a "vision only" approach that shuns other sensors like lidar and radar in favor of cameras and a deep neural network that quickly processes a vehicle's surroundings and responds in real time. Tesla CEO Elon Musk previously promised to "solve" full self-driving by the end of this year (he's also promised Tesla would get there every year for roughly nine years now). He has recently admitted the problem will take longer to solve.

And perhaps, as every other autonomous vehicle technologist says, it's not actually achievable yet through cameras alone.

The company began removing radar from its vehicles last May. In October, Tesla removed its 12 ultrasonic sensors from Model 3 and Model Y vehicles built for North America, Europe, the Middle East and Taiwan. Ultrasonic sensors measure distance via ultrasonic waves and are used as proximity sensors to support anti-collision safety systems, particularly in parking use cases.

Now it appears radar is back. It's not yet clear which models will get the new radar. The type of radar Tesla intends to market next year is of a frequency that's allocated by the FCC for ADAS use cases, according to Ram Machness, chief business officer at Arbe Robotics, which produces ultra-high-resolution 4D imaging radar.

Tesla had originally filed with the FCC to use the new radar — which is described in filings as "76-77 GHz Automotive Radar" — in its vehicles back in June.

"From the frequency of operation (76-77GHz) as well as the mechanical design of the sensor from Tesla's FCC filing, it appears that this radar would be utilized in ADAS applications," Steven Hong, VP and general manager of radar technology at semiconductor company Ambarella, told TechCrunch.

He noted that while the performance of this "edge" radar sensor will be limited, it's a positive development that Tesla is looking to add radar to its perception stack for safety-critical, robust performance.

Earlier this year, the FCC had granted a confidential treatment to Tesla in order to keep the details of the new radar under wraps. Late last month, Tesla applied to extend that confidentiality treatment another 60 days from its date of expiration, which is December 7.

i hope this answers your question
AkumaX
13111 Posts
2952 Reputation
edit: ACTUAL LINK TO DEAL https://www.tesla.com/modely/design (SD's link goes to existing inventory page)
Wayback Machine if anyone wants to do some research: https://web.archive.org/web/20220...ely/design

I'll throw out some notable 'milestones' , focusing only on the Model Y LR base model:

* Feb 2021 - $49,000 - Roughly the lowest price for the Y LR (not including the SR @ $42k)
From this point forward, Tesla started increasing the price about $1-2 every month or so, until it peaked out at $66,000. Ex:
* May 2021 - $51,000
* July 2021 - $53,000, etc...
* Feb 2022 - $59,000, etc...
* July 2022 - $66,000 <-- peak
* Dec 1 2022 - $66,000 (-$3750 credit/refund)
* Dec 15 2022 - $66,000 (-$7500 credit/refund)
* Jan 1 2023 - $66,000 back to peak (-$7500 fed tax credit only on 7-seater)
* Jan 13 2023 - $53,000 (-$7500 fed tax credit on base model + 7-seater but not performance)
* Jan 23 2023 - $53,500 (-$7500 fed tax credit on base model + 7-seater but not performance)
* Feb 4 2023 - $55,000 (-$7500 fed tax credit on all models)

12,284 Comments

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Jan 14, 2023 04:02 AM
166 Posts
Joined Mar 2017
mojo-jojo26Jan 14, 2023 04:02 AM
166 Posts
Quote from kommon :
from what I understand Charge up incentive of 2k is only available if car costs 55k or less so model Y 7 seater won't be elgible if you wanna take full $7500 federal credit
I (NJ residence) already got $2000 deducted from final cost with under 55k model Y.
Charge website is just need an update to shows up model Y.
Jan 14, 2023 04:03 AM
7,188 Posts
Joined Apr 2008
Mr.ChinitoJan 14, 2023 04:03 AM
7,188 Posts
I bought in October…sucks
Jan 14, 2023 04:06 AM
4 Posts
Joined Jan 2023

This comment has been rated as unhelpful by Slickdeals users.

Jan 14, 2023 04:07 AM
166 Posts
Joined Mar 2017
mojo-jojo26Jan 14, 2023 04:07 AM
166 Posts
Quote from integraguy2001 :
for if I buy a Model 3 in NJ, will I get $2k state and $7,500 Federal tax credit?
Also for model Y under 55K you can get 2k for NJ
Jan 14, 2023 04:09 AM
2,899 Posts
Joined Jan 2011
WifeCallsMeCheapJan 14, 2023 04:09 AM
2,899 Posts
For California buyers are there additional rebates from PG&E or otherwise vendors?
Jan 14, 2023 04:09 AM
373 Posts
Joined Jan 2018
KudasaiJan 14, 2023 04:09 AM
373 Posts
Are they dropping the price of the Model 3 too?
1
Jan 14, 2023 04:10 AM
7,494 Posts
Joined Jan 2009
MrDeaalsJan 14, 2023 04:10 AM
7,494 Posts
Quote from Kudasai :
Are they dropping the price of the Model 3 too?
welcome to the thread ?
1

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Jan 14, 2023 04:13 AM
367 Posts
Joined Sep 2017
lmedrano78Jan 14, 2023 04:13 AM
367 Posts
Just adding a comment, at some point this becomes ridiculous
Jan 14, 2023 04:14 AM
104 Posts
Joined Mar 2014
DaveyMikesJan 14, 2023 04:14 AM
104 Posts
Why does everyone keep subtracting 7500 from the price. I thought a TAX CREDIT lowers your taxable income. So you'll save whatever percentage you're at on the federal tax table OF 7500. So If you're at 28% you'll get $2,100 and that assumes you already have more than the $13K standard deduction to
Last edited by DaveyMikes January 13, 2023 at 09:29 PM.
3
Jan 14, 2023 04:14 AM
102 Posts
Joined May 2016
FoxInSocksOnBoxOnNoxJan 14, 2023 04:14 AM
102 Posts
Do they just jack up the price on the website? All MY are above $55k...
Pro
Jan 14, 2023 04:16 AM
13,111 Posts
Joined Feb 2008
AkumaX
Pro
Jan 14, 2023 04:16 AM
13,111 Posts
Quote from FoxInSocksOnBoxOnNox :
Do they just jack up the price on the website? All MY are above $55k...
https://www.tesla.com/modely/design
Jan 14, 2023 04:18 AM
13 Posts
Joined Dec 2022
TalentedTree957Jan 14, 2023 04:18 AM
13 Posts
Will we get it by March? I know it's a tough question.
Jan 14, 2023 04:20 AM
131 Posts
Joined Nov 2019
Gdirty5Jan 14, 2023 04:20 AM
131 Posts
Quote from red-devil84 :
The Model Y is many levels above a Bolt. The car GM said should not be parked near your home due to fire risk.
I agree, they are not apples to apples, and that the Y is a much better car, but you're also talking about spending 60k which most people cannot, and 17k which many can easily.
Jan 14, 2023 04:21 AM
61 Posts
Joined May 2013
VishalV9046Jan 14, 2023 04:21 AM
61 Posts
Quote from dealhunt_101 :
Ordered model Y today. Received a order confirmation, got a VIN assigned, with a March 25-31 estimate.
Thanks. What time did you place the order? Thanks

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Jan 14, 2023 04:21 AM
15,490 Posts
Joined Feb 2005
thund3rcatJan 14, 2023 04:21 AM
15,490 Posts
Quote from BrokePanda :
For California buyers are there additional rebates from PG&E or otherwise vendors?
Wait for this page to update, looks like only the model 3 will qualify because it's under 45k again.
https://cleanvehiclerebate.org/en

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