Tesla has quietly raised the value of its best-selling Mannequin Y crossover. As of Saturday, the lists the Lengthy Vary and Efficiency fashions at $54,990 and $57,990, respectively. For the previous, that represents a $2,000 improve from the all-time low it hit when Tesla in the course of January. As for the Efficiency variant, it’s presently $1,000 greater than it was after final month’s worth adjustment.
As , the value hikes come after the Biden administration this previous Friday associated to the $7,500 federal tax credit score to deal with extra automobiles as SUVs slightly than sedans. Earlier than the change, it was doable to get the complete $7,500 incentive on the five-seat Mannequin Y, however you needed to configure the automobile in a method in order that it fell underneath the $55,000 sedan threshold. Now, all Mannequin Y variants, together with the Efficiency mannequin, fall underneath the $80,000 SUV ceiling.
The automaker didn’t say if it elevated Mannequin Y pricing in response to Friday’s announcement. Following the January worth minimize, Tesla CFO Zach Kirkhorn stated the transfer was partly an effort to make sure extra of the corporate’s automobiles fell underneath the $55,000 threshold. With the Mannequin Y now comfortably underneath the $80,000 restrict, Tesla has extra freedom to cost the automobile because it sees match.
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