Tesla’s Model Y Price Bump Makes The Ioniq 5 And Mustang Mach-E Look Better Than Ever

• Tesla increased the price of some Model Y versions for the first time in two years.
• The entry-level trims are not affected by the recent bump.
• The change makes the Hyundai Ioniq 5 and Ford Mustang Mach-E more appealing.

Tesla has increased the prices for the mid- and top-spec Model Y versions in the United States after two years. This past weekend, the Model Y Premium Rear-Wheel Drive and Model Y Premium All-Wheel Drive got $1,000 more expensive, while the sporty Model Y Performance’s price was bumped by $500.