Tesla has surprised everyone by cutting the price of its popular Model Y by a huge $11,000 in the U.S. The Launch Series trim has been removed, and now only the Long Range All-Wheel Drive (AWD) version is available.
This new version is now priced at $48,990 (before destination charges and taxes). That’s a big drop from the previous $59,990 Launch Series.
🛑 What’s Missing?
The Launch Series came with several premium features like:
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Full Self-Driving (FSD) software
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Vegan suede interior
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Special Launch Series badging
All these features are now gone in the new version, which explains the price cut.
💡 Why Did Tesla Do This?
Experts think Tesla made this move because its global sales are slowing down. More customers are switching to other electric vehicle brands like Hyundai, Kia, and BYD. Some believe Elon Musk’s controversial posts on social media are also pushing buyers away.
So, this price cut could be Tesla’s way of attracting more customers again.
🔋 What You Still Get with the Model Y AWD
Even with fewer premium features, the Model Y Long Range AWD is still a strong performer. It includes:
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327 miles of range with standard 19-inch wheels
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0–60 mph in 4.6 seconds
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Optional upgrades like:
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$1,000 tow hitch
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$240 all-weather floor mats
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$500 roof rack
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$35 center console trays
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Note: This version currently does not offer a seven-seat option.
🎯 Is It Still a Good Buy?
If you were waiting for a more affordable Tesla, this could be your moment. The Model Y AWD may lack a few luxury features, but it’s still:
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Fast
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Reliable
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One of the longest-range EVs in its class
Plus, if you qualify for the $7,500 federal EV tax credit, the effective price drops to just $41,490.
