Tesla Offers Model Y RWD Owners Extended Range Option With $1.6K Software Update
Portfolio Pulse from Anan Ashraf
Tesla Inc (NASDAQ:TSLA) is offering Model Y RWD owners an extended range option through a $1,600 software update, providing up to 50 additional miles. This move follows the replacement of the RWD variant with a long-range version in May. The update is available via the Tesla App.
July 15, 2024 | 10:21 am
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Tesla is offering a $1,600 software update for Model Y RWD owners to gain up to 50 miles of additional range. This could boost revenue and customer satisfaction.
The introduction of a paid software update for additional range can generate additional revenue for Tesla and improve customer satisfaction by enhancing the value of existing vehicles. Given the high percentage of deliveries accounted for by the Model Y, this update is significant.
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