Tesla Unveils Affordable Model Y RWD, Now the Cheapest In The Lineup
Portfolio Pulse from Anan Ashraf
Tesla Inc has introduced a cheaper Model Y rear-wheel drive (RWD) in the United States, replacing the previous all-wheel drive (AWD) version. The new vehicle is priced at $43,990, making it the cheapest Model Y trim available. It has an EPA estimated range of 250 miles and is eligible for an EV tax credit of $7,500. Tesla dropped Model Y AWD from its website in mid-September without explanation.
October 03, 2023 | 2:46 am
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POSITIVE IMPACT
Tesla's introduction of a cheaper Model Y RWD could potentially attract more customers due to its affordability, which may positively impact the company's revenues and stock price.
The introduction of a cheaper Model Y RWD makes Tesla's products more accessible to a wider range of customers. This could potentially increase sales and revenues, which would likely have a positive impact on the company's stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100