Tesla Offering Discounts Up to $7,500 to Clear Model Y Inventory Surplus

Tesla Offering Discounts Up to $7,500 to Clear Model Y Inventory Surplus

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Tesla is offering significant discounts on its Model Y electric SUV in an effort to clear excess inventory. The company produced more vehicles than it delivered in the first quarter of 2024, resulting in a surplus of Model Ys.

Tesla Offering Discounts Up to $7,500 to Clear Model Y Inventory Surplus

Discounts of up to $7,500 are available on certain Model Y configurations. This brings the starting price of a new Model Y Rear-Wheel Drive down to $33,890 after factoring in the federal tax credit. The Long Range and Performance models are also seeing price cuts.

Tesla Offering Discounts Up to $7,500 to Clear Model Y Inventory Surplus

Tesla is known for its innovative electric vehicles, and the company is planning a more affordable $25,000 model in the future. These discounts are seen as a way to clear space for upcoming new models.

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Tesla Offering Discounts Up to $7,500 to Clear Model Y Inventory Surplus

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