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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 2,616,531 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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Feb 16, 2023 05:08 PM
290 Posts
Joined May 2006
2NeolinuxFeb 16, 2023 05:08 PM
290 Posts
Quote from JellyBellyMD :
Pick what works best for you and understand the limitations. Do your own research and don't let others influence your decision. There may be reasons people only point out the good or the bad. This thread seems to be mostly pro Tesla but potential negatives should be brought forward as well.

I have a CT on order just like the rest of the world. I'll make my decision when it becomes available. Right now EV is not the best choice for me. Ford Lightning has really highlighted some issues regarding the utility of an EV truck.
Thank you for your prompt response
Yep, I also have the CT booked like everyone else

I wanted to get EV for 2 reasons
1) Have Solar panels so definitely cost savings there
2) Convenience of not having to go Gas stations and no Synthetic oil changes every few months

Why Tesla?
Family has First generation Model S that is still going strong after 250,000 miles

I paid as much for my Acura RDX that came with mis-aligned panel, flaky entertainment system that does not connect with Apple Car Play or Android Auto after car is started.

As far as HW4 and future goes, be thankful and enjoy what we have today.

Ford Lightning production has stopped again due to some issues but they are allowing dealers to sell what is on the lot
Feb 16, 2023 05:33 PM
388 Posts
Joined Oct 2004
Eltoroz00mFeb 16, 2023 05:33 PM
388 Posts
Quote from JellyBellyMD :
Two quotes from you solidify my statements....

They're doubling it this year. As already mentioned to you.

Tesla admits they need to triple not double.....

There's a reason folks with other EVs are desperate to access Teslas charging network- it's by far the best in the world.

Increased demand from not only outside maker EVs, but I don't think they forecasted the amount of new Teslas that are hitting the road. This is proven by the fact they our now out of production vehicles available for sale.

Waiting for the release of the opportunity to purchase a monthly Premium Charge Agreement that gives charging priority to Tesla vehicles. Maybe that was the plan all along...

Only going to get worse....
Another reason on why other EV owners don't like other chargers is they sometimes do no work or too slow to charge. All federal funded chargers will be mandated to always work, compatible with all EVs, and able to fast charge.

https://electrek.co/2023/02/15/si...to-change/

Quote from JellyBellyMD
Pick what works best for you and understand the limitations. Do your own research and don't let others influence your decision. There may be reasons people only point out the good or the bad. This thread seems to be mostly pro Tesla but potential negatives should be brought forward as well.

To be fair, this is a Tesla deal thread. If someone wants to research pros/cons of owning Tesla, i'm sure there are plenty of sites/thread for that.
Feb 16, 2023 05:54 PM
529 Posts
Joined Oct 2009
qwerty9999Feb 16, 2023 05:54 PM
529 Posts
Is anyone in VA/DC/MD giving up their reservation?
Feb 16, 2023 05:54 PM
15,359 Posts
Joined Sep 2009
KnightshadeFeb 16, 2023 05:54 PM
15,359 Posts
Quote from JellyBellyMD :
Two quotes from you solidify my statements....

They're doubling it this year. As already mentioned to you.

Tesla admits they need to triple not double.....

Uh....what?

First- the doubling was mentioned BY me, not TO me.... second how does doubling this year preclude tripling by the date you mention?


Quote from JellyBellyMD :
Increased demand from not only outside maker EVs, but I don't think they forecasted the amount of new Teslas that are hitting the road
Again...what?

You don't think Tesla was aware how many vehicles they planned to make?

They told us that almost 10 years ago. 50% CAGR every year for the foreseeable future.

And they've been doing just that ever since.


The supercharger network has been growing/scaling every year as well- far faster than anyone elses. Not only they' the chargers themselves have gotten much faster as they get upgraded themselves.



Quote from JellyBellyMD :
This is proven by the fact they our now out of production vehicles available for sale.
....again, what?

Tesla has had an order backlog for years now... one of the reasons they raised prices so much during the pandemic was the backlog was getting insane. Now it's more reasonable- but not gone.

because demand for good EVs exceeds supply. From all makers.

and will for the rest of the decade.

That has nothing to do with being "surprised" at how many cars they made. They're well aware of how many they can, and will, make-- and have clearly communicated this to the public for years.



Quote from JellyBellyMD :
Waiting for the release of the opportunity to purchase a monthly Premium Charge Agreement that gives charging priority to Tesla vehicles. Maybe that was the plan all along...

Again....what for a 4th time?

As already explained to you-- they ALREADY opened the network in Europe some time ago.

Non-Tesla owners pay a higher rate- and have an option for a charging membership to lower it. Tesla owners experience no change whatsoever in rates, terms, or availability. .



Quote from JellyBellyMD :

Only going to get worse....

and a 5th.... what?

I just pointed out they plan to double the # of chargers this year

But do not plan to double the number of cars sold.

So if your "concern" is availability, that's only going to get better

Because that's how math works.
Last edited by Knightshade February 16, 2023 at 11:00 AM.
Feb 16, 2023 07:20 PM
2 Posts
Joined Jul 2022
BeautifulDeer5629Feb 16, 2023 07:20 PM
2 Posts
Do you have to be with a certain company/organization to qualify for Tower Credit Union?
Feb 16, 2023 07:38 PM
388 Posts
Joined Oct 2004
Eltoroz00mFeb 16, 2023 07:38 PM
388 Posts
Quote from BeautifulDeer5629 :
Do you have to be with a certain company/organization to qualify for Tower Credit Union?
You can donate. But if you haven't done so, most would say to just look some where else as their APR is not longer the best.
Feb 16, 2023 07:50 PM
29 Posts
Joined Oct 2017
Csim52Feb 16, 2023 07:50 PM
29 Posts
Quote from Passions :
What did your friend say to convince you?
That it would be hard for me to transition from my current prius which gets 400+ miles... EVs are much lower.

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Feb 16, 2023 08:18 PM
729 Posts
Joined Dec 2014
JellyBellyMDFeb 16, 2023 08:18 PM
729 Posts
Quote from Knightshade :
Uh....what?

First- the doubling was mentioned BY me, not TO me.... second how does doubling this year preclude tripling by the date you mention?




Again...what?

You don't think Tesla was aware how many vehicles they planned to make?

They told us that almost 10 years ago. 50% CAGR every year for the foreseeable future.

And they've been doing just that ever since.


The supercharger network has been growing/scaling every year as well- far faster than anyone elses. Not only they' the chargers themselves have gotten much faster as they get upgraded themselves.





....again, what?

Tesla has had an order backlog for years now... one of the reasons they raised prices so much during the pandemic was the backlog was getting insane. Now it's more reasonable- but not gone.

because demand for good EVs exceeds supply. From all makers.

and will for the rest of the decade.

That has nothing to do with being "surprised" at how many cars they made. They're well aware of how many they can, and will, make-- and have clearly communicated this to the public for years.






Again....what for a 4th time?

As already explained to you-- they ALREADY opened the network in Europe some time ago.

Non-Tesla owners pay a higher rate- and have an option for a charging membership to lower it. Tesla owners experience no change whatsoever in rates, terms, or availability. .






and a 5th.... what?

I just pointed out they plan to double the # of chargers this year

But do not plan to double the number of cars sold.

So if your "concern" is availability, that's only going to get better

Because that's how math works.
Tesla recalling nearly 363,000 vehicles equipped with 'Full Self-Driving'

I've been asking how FSD was going and no one would respond. Guess we got our answer.....Superchargers aren't going to be crowded now. Glad to see other EVs will make use of them.
Last edited by JellyBellyMD February 16, 2023 at 01:25 PM.
1
Feb 16, 2023 08:29 PM
15,359 Posts
Joined Sep 2009
KnightshadeFeb 16, 2023 08:29 PM
15,359 Posts
Quote from JellyBellyMD :
Tesla recalling nearly 363,000 vehicles equipped with 'Full Self-Driving'

I've been asking how FSD was going and no one would respond. Guess we got our answer.....
Did you actually read the recall? No, course not Smilie

The "remedy" is.... same as most Tesla "recalls"... a free over the air software update.

Vastly better than legacy auto where you have to physically bring in your car to fix physical defects all the time.


Quote from JellyBellyMD :
[B
Superchargers aren't going to be crowded now.
Not sure what you think one has to do with the other.





Quote from CarolineS3143 :
That it would be hard for me to transition from my current prius which gets 400+ miles... EVs are much lower.

Not a very good friend then... Tesla sells cars that get over 400 miles on a charge... and most of their models get in the mid 300s range on a single charge.

And then can add another 150-200 miles with a 10-15 minute stop.

Also how often do you drive more than 400 miles in a single day?
Last edited by Knightshade February 16, 2023 at 01:31 PM.
1
Feb 16, 2023 08:30 PM
222 Posts
Joined Apr 2009
kirdFeb 16, 2023 08:30 PM
222 Posts
Quote from kaivan29 :
Anyone in bay area giving up their reservation?
FYI There are currently two MYLR for same day pick up in the Bay Area right now if the colors work for you…gray or red

They are not white and configured with the 20" tires and white interior, at least $4000 more than base price.

Also not at the earlier January base pricing either…
Feb 16, 2023 08:49 PM
2,542 Posts
Joined Apr 2008
cheapodealFeb 16, 2023 08:49 PM
2,542 Posts
Quote from Mikey122687 :
Yep, I make over the cap but rather get an extra $2k back.

Some people forget this is "slickdeals" not "measly deal"
I don't understand. What is 2K back if AGI is more than 300K?
Feb 16, 2023 08:51 PM
10 Posts
Joined Oct 2018
prax_srFeb 16, 2023 08:51 PM
10 Posts
Anyone in the Houston/San Antonio/Austin area giving up their reservation?
Feb 16, 2023 09:07 PM
47 Posts
Joined Jun 2015
ahtexas07Feb 16, 2023 09:07 PM
47 Posts
Quote from prax_sr :
Anyone in the Houston/San Antonio/Austin area giving up their reservation?
I might, still deciding and also depends upon what they offer for my trade in. Houston area.
Feb 16, 2023 09:29 PM
2,416 Posts
Joined Jan 2013
tonkotsuFeb 16, 2023 09:29 PM
2,416 Posts
Quote from CarolineS3143 :
That it would be hard for me to transition from my current prius which gets 400+ miles... EVs are much lower.
Do you often drive 400+ miles in 1 sitting?

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Feb 16, 2023 09:42 PM
2,898 Posts
Joined Jun 2007
iceage2007Feb 16, 2023 09:42 PM
2,898 Posts
Who is the cheapest insurance for model Y? TIA.

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