You Can Now Save $1,000 On Your 7-Seat Tesla Model Y, But There's A Small Catch
Portfolio Pulse from Anan Ashraf
Tesla offers a $1,000 discount on the 7-seat Model Y for customers willing to compromise on color preferences. The discount applies to the long-range all-wheel drive version, with the seven-seat option adding $1,000-$2,000 to the base price, depending on color. The Model Y, Tesla's best-selling vehicle, starts at $44,990 and is eligible for a $7,500 federal EV tax credit. Despite a slight increase in Model Y sales, Tesla's other models have seen significant sales declines.

May 10, 2024 | 6:50 am
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Tesla's introduction of a $1,000 discount on the 7-seat Model Y variant for customers willing to compromise on color preferences could potentially boost the sales of this specific configuration. The Model Y remains Tesla's best-selling vehicle, and with the federal EV tax credit, the effective price becomes even more attractive. However, the overall sales performance of Tesla's other models shows a decline, which could offset some of the positive impact.
The discount on the 7-seat Model Y could attract more customers, potentially increasing sales for Tesla's best-selling model. The federal EV tax credit further enhances its appeal. However, the decline in sales of other Tesla models could indicate broader challenges that might mitigate the positive impact of this discount on Tesla's overall performance.
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