Tesla Introduces New Long-Range Model Y, Offers Unlockable Battery Capacity

Elon Musk announces a strategic shift in Tesla's Model Y lineup, replacing the standard range version with a longer-range model and a potential for increased battery capacity through a software update.

• Tesla discontinues its cheapest Model Y variant, introducing a new Long Range RWD model with up to 320 miles of range.
• The new Model Y Long Range RWD is priced at $44,990, potentially reduced to $37,500 with U.S. EV tax credits.
• Previous owners of the standard range Model Y can unlock an additional 40-60 miles of range for a fee, pending regulatory approval.
• This move reflects Tesla's ongoing strategy to simplify production while offering more value through software enhancements.
• Tesla's recent changes come amidst fluctuating prices and a broader push to enhance the capabilities of their electric vehicles.

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