Tesla is now ordering a cheap Model Y standard range version. The new version is reported by Electrek, and its starting price is $41,990, while the Long Range model is $49,990.
The reason for the discount is that the EPA’s estimated range is lower, 244 miles instead of 326 miles, and rear-wheel drive instead of all-wheel drive.
In addition to the new cheap Model Y version, Tesla is also selling a new 7-seater option at a premium of $3,000. This version has a third row of seats, which can be folded flat with the second row of seats for cargo storage.
Tesla initially announced the standard range version of Model Y at the March 2019 car conference. At the time, Tesla CEO Elon Musk stated that the company’s goal was to release an entry-level Model Y in the spring of 2021, with its 230-mile range and a $39,000 price tag.
However, in July last year, Musk said that Tesla shelved its plans for a standard range model because its “range is too low within 250 miles.” This Standard Range Model Y, priced at $41,990, seems to be a compromise on the original plan.
If you want to order a new variant, Tesla pointed out that the current estimated delivery time is two to five weeks.