Tesla Enhances Model Y with Extended Range and Competitive Pricing

The electric vehicle giant introduces a long-range Model Y variant, maintaining affordability amid industry-wide pricing pressures.

Tesla launches a new 320-mile range Model Y, priced competitively at $44,990.
Discontinued standard range Model Y owners offered a paid upgrade to unlock up to 60 additional miles.
Tesla's pricing strategy remains aggressive, leveraging federal tax credits to enhance consumer affordability.
The Model Y's market dominance is underscored by capturing a third of U.S. EV sales in 2023.
Industry trends towards software-locked features continue, with Tesla charging for additional range access.