Summary List Placement
Tesla has stopped taking orders for its Model Y standard range, the electric carmaker’s second-cheapest vehicle, just days after slashing its price by $2,000.
On Thursday, the electric carmaker cut the price of its Model Y standard range, which it launched last month, from $41,990 to $39,990, making it just $3,000 more than Tesla’s cheapest vehicle, the Model 3 standard range plus.
The Model Y standard range sports utility vehicle is now no longer listed on the company’s sales webpage.
As well as not being listed on Tesla’s US and Canada sales sites, the standard range vehicle has also been removed from Tesla’s Model Y webpage, where customers can compare the different versions of the car.
Electrek first reported on the news on Sunday, noting that Tesla had also reduced the price of its Model Y long range by $1,000. This was separate to the automaker’s series of price cuts on Thursday.
It is unknown whether the move is permanent. Insider has contacted Tesla for comment.
The $48,990 long range model is now the cheapest available version of its sports utility vehicle. Tesla also sells a performance version with higher top speeds, which costs $60,990.
The entry-level version has a lower range of 244 miles, according to estimates by the EPA, compared to the long range version’s 326-mile rating. The cheaper model also comes with rear-wheel drive, instead of the all-wheel-drive setup on the long range and performance versions.
Tesla began delivering Model Y vehicles in Shanghai, China, in January, but only offered the long range and performance versions. It is selling both models for almost a third less than the price Tesla quoted in August.
The news comes as Tesla ramps up efforts to make a more affordable electric car. In September, CEO Elon Musk said the company would make a $25,000 “fully autonomous” electric car in about three years.
The head of Tesla China said the company’s Shanghai research and development center, where it will develop the vehicle, will be running by the end of 2021.
Do you have a tip you want to share? Contact Grace Dean via email (gdean@insider.com). Always use a non-work email.
SEE ALSO: Tesla could ‘easily’ start producing its Semi truck now, but it doesn’t yet have enough battery cells to power them, Elon Musk said
Join the conversation about this story »
NOW WATCH: We tested a machine that brews beer at the push of a button
Source:: Business Insider
Dustin Johnson highlights | Round 3 | Genesis | 2021
In the third round of The Genesis Invitational 2021, Dustin Johnson recorded three birdies against 3 bogeys to remain even through 13 holes before play was suspended due to darkness. Johnson is 7-under-par for the tournament. The PGA TOUR returns to iconic Riviera Country Club for The Genesis Invitational. Tournament host Tiger Woods will be in attendance but won’t play as he is still recovering from a back procedure last month. World No. 1 Dustin Johnson and defending champion Adam Scott are among the headliners. Notables in the invitation-only field include major champions Brooks Koepka, Bryson DeChambeau, Collin Morikawa, Jordan Spieth, and Francesco Molinari, plus world No. 2 Jon Rahm. Two-time FedExCup winner Rory McIlroy looks to finally lift the trophy at Riviera after holding a piece of the lead Sunday a year ago only to fall to T5. In addition to reigning champ Johnson, FedExCup winners in the field include Justin Thomas, Brandt Snedeker, and Jim Furyk. Here you can find everything you need to stay up to date with the world’s foremost golf tour. Check in for highlights from every tournament plus player profiles, swing analysis and all the greatest shots and amazing moments. Teryn Gregson presents the craziest moments from around the world of golf in ‘Good, Bad & Unusual'.