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Kiplinger

Business

Joey Solitro

Tesla Temporarily Cuts Certain Model Y Prices

Tesla Inc. NHTSA

Tesla logo in lights with black backdrop.

Tesla has temporarily reduced the price of certain Model Y variants by $1,000 until February 29, according to a pricing notice on its website.

The decrease is for the electric vehicle (EV) manufacturer's rear-wheel-drive and Long Range all-wheel-drive Model Ys, which are priced at $42,990 and $47,990, respectively. Prices will rise by $1,000 or more on March 1, Tesla says.

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