Get excited Tesla fans, the multi-billionaire CEO, Elon Musk shredded straight $3,000 from its Tesla Model Y price. Now you can own one, in under $50,000.
The company’s online configurator where you can buy a Tesla sitting at home, you could notice the price change, the price dropped from the previous $52,990 to $49,990, this price for the Long-range Model Y. The performance variant also saw a price reduction of $1,000, from $60,990 to, now, $59,990.
The company increased the price of Tesla’s Full Self-Driving suite for Model Y on July 1, by $1,000, from $7,000 to $8,000 across its entire fleet of vehicles. The company now aims towards Level 5 autonomy. Hence the work on Auto-pilot feature no procrastination anymore. Tesla has also discontinued its Free Unlimited Supercharging Program that benefited the Model S and Model X vehicles.
Tesla is expected to make a significant announcement on September 22 when the company will hold a joint annual shareholder meeting and Battery Day presentation.