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The Tesla Model Y is now thousands cheaper

The Long Range AWD variant took a price cut of $3,000 this weekend as Tesla shuffles things around.

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It's still not exactly cheap, but $3,000 is $3,000.

Tesla

CEO Elon Musk was full of Model Y news to share this past weekend. Not only did we learn the Model Y Standard Range is dead before it even existed, but the Tesla boss also noted the Model Y Long Range received a price cut.

Said price reduction came to the tune of $3,000, which isn't too shabby. Now, Tesla's site shows the Model Y Long Range starts at $49,990 before any savings and taxes. The Model Y Performance still costs $59,990, but Electrek first reported the variant now includes the Performance Package as standard equipment. Now, every Model Y Performance includes larger 21-inch wheels, beefier brakes and a lowered suspension. The top speed also climbs to 155 mph, though range falls to an EPA-estimated 291 miles, down from 315 miles on the Long Range.

Tesla has a habit of shuffling prices around at a moment's notice, especially since it doesn't follow traditional model year cycles, so the move isn't much of a surprise. However, there are likely a few new Model Y customers irked after paying slightly more the electric SUV. The automaker didn't immediately return a request for comment on the decision.

We'll be treated to another Model Y variant in the near future, which should help fill the void the now-canceled Model Y Standard Range would have filled. Musk said a new Long Range RWD model will arrive in the months to come and likely start around $45,000 with a single electric motor.

Tesla pulls the wraps off its Model Y crossover SUV

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Sean Szymkowski
It all started with Gran Turismo. From those early PlayStation days, Sean was drawn to anything with four wheels. Prior to joining the Roadshow team, he was a freelance contributor for Motor Authority, The Car Connection and Green Car Reports. As for what's in the garage, Sean owns a 2016 Chevrolet SS, and yes, it has Holden badges.
Sean Szymkowski
It all started with Gran Turismo. From those early PlayStation days, Sean was drawn to anything with four wheels. Prior to joining the Roadshow team, he was a freelance contributor for Motor Authority, The Car Connection and Green Car Reports. As for what's in the garage, Sean owns a 2016 Chevrolet SS, and yes, it has Holden badges.

Article updated on July 13, 2020 at 7:43 AM PDT

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Sean Szymkowski
It all started with Gran Turismo. From those early PlayStation days, Sean was drawn to anything with four wheels. Prior to joining the Roadshow team, he was a freelance contributor for Motor Authority, The Car Connection and Green Car Reports. As for what's in the garage, Sean owns a 2016 Chevrolet SS, and yes, it has Holden badges.
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