Tesla Model Y Long Range Price Increases Slightly

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Tesla Model Y Long Range Price Increases Slightly
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Tesla Model Y Long Range Price Increases Slightly via insideevs.com

has dropped the price to $54,990, it would have enticed many more people to place their orders, and still been lower than the $55,000 cap for the new $7,500 tax credit. However, that wouldn't have given Tesla any wiggle room to raise prices if it decided to do so, and it would have meant people couldn't add any options.

Fast forward to today, and the Model Y Long Range, which is the cheapest Model Y you can currently buy in the US, now starts at $53,490. That's exactly $500 more than the starting price after the recent price reductions.Perhaps Tesla is running out of inventory and delivery wait times are getting pushed back. If so, the company may want to raise prices to slow orders. However, a $500 bump doesn't seem as though it would make much of an impact.

Some suggest Tesla is raising the price ever so slightly to alert customers that it can and will raise prices again and that this is just the beginning. It does seem weird though to think that Tesla might raise the prices to the point that its cars aren't eligible for the new tax credit.

Others believe that as Tesla begins to raise prices, orders may actually increase further. It's sort of like the stock. If people see it beginning to rise, they may want to get their order in before it rises even further.At this point, there's no way of knowing what Tesla has planned, or precisely why it's handling its pricing this way. It's yet another waiting game. In the meantime, this topic deserves some educated conversation.

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