Despite increasing competition in the electric car sector, the Tesla Model Y is still one of the best EVs. It has access to the best charging networks, plus it offers the best software experience as well as a solid range, especially in the long-range models. The Tesla Model Y has reached its lowest price ever, which means if you’ve been considering buying one, now is the time.
This time around, the base price of the Tesla Model Y has dropped to $42,990, which represents a significant price reduction. That’s even before any tax incentives – and assuming the car qualifies for the full $7,500 tax credit, that means you can get it for as little as $35,490.
Of course, this price is for the base rear-wheel drive model, but there are discounts on other models as well. The Long Range all-wheel drive model, which is probably the model most people should get, goes for $47,990 at the time of this writing, or $40,490 after the full tax credit.
Additionally, the Model Y is not eligible for the $7,500 federal tax credit, while the vehicles listed below are still eligible.
Hyundai IONIQ 5 Price: $39,700 – $54,500
Ford Mustang Mach-E Price: $43,895 – $67,995
Kia EV6 Price: $40,900 – $58,500
Volkswagen ID.4 Pricing: $40,760 – $48,940
Why you should get a Tesla Model Y
As mentioned, there are plenty of reasons to get a Model Y, The Model Y successfully transforms the Model 3’s look into a taller vehicle without becoming cartoony. Its roofline is exactly like that of an SUV coupe like the BMW X6, but it is much more elegantly designed. The transition from trunk to hatch is almost imperceptible, and proportions are cleverly maintained despite being 7.1 inches longer but only 2.2 inches longer. It might be easy to mistake the Model Y for a Model 3 if you don’t look at the two together.
The Model Y also offers a solid range. The base model has a range of 260 miles, which isn’t the best – but if you step up to the longer range model, you’ll get 310 miles, which is good enough. The Model Y can charge at up to 250 kilowatts, which is relatively fast – and Tesla vehicles can charge at non-Tesla stations with an adapter. As NACS becomes more popular, charging stations will also switch to that connector – eliminating the need for an adapter.
Most major car makers have committed to using Tesla’s North American Charging Standard (NACS) charging connector in their cars by the 2025 model year — but production of those cars hasn’t started yet, so if you’re looking for the best charging network, Want support, you’ll still need a Tesla.
According to Tesla, the Tesla Model Y Dual Motor Long Range can reach sixty in 4.8 seconds, and the Performance version can reach this figure in just 3.5 seconds. These figures position the Model Y as the leader in the electric SUV category. Tesla’s traction control is solid, so it can handle wet and snowy roads with ease.
Some competing models are listed below (note: 0-60 mph times vary depending on trims):
Hyundai IONIQ 5 0-60 MPH: 5 – ~ 8 sec
Ford Mustang Mach-E 0-60 MPH: 3.5 – 6.1 sec
Kia EV6 0-60 MPH: 5.1 – 8.0 seconds
Volkswagen ID.4: 5.7 – 7.8 seconds
Unlike other legacy automakers hoping to master software, Tesla is one of the few companies that can get software updates well. Tesla releases updates regularly, almost on a monthly basis, providing a range of new features and goodies. For example, Tesla has updated its vehicles to include convenient features like cabin overheat protection and better traffic and environment visualization for Autopilot.
