In a strategic move, Tesla has reveiled a more economical variant of the Model Y – the Model Y RWD. This latest offering, potentially the most budget-friendly Tesla Model Y ever in the US, comes after the discontinuation of the Model Y AWD, which previously held the title of the cheapest trim at $47,740.
The Budget-Friendly Tesla Model Y RWD
- Model Y RWD features: The distinguishing feature of the new Tesla Model Y RWD is its rear-wheel drive configuration, a departure from the all-wheel drive setup. This modification translates to a single motor, providing a cost-saving advantage for those who do not necessitate the dual-motor system.
- Lithium-Iron-Phosphate (LFP) battery: Additionally, it appears that Tesla has incorporated a more budget-friendly battery, potentially the Lithium-Iron-Phosphate (LFP) variant.
LFP batteries, while less energy-dense than the more prevalent Nickel-Manganese-Cobalt (NMC) cells, are known for their cost-effectiveness and enhanced durability. They also eliminate the use of conflict minerals like cobalt. The “standard range” Model Y with LFP is listed with a range of 260 miles, a slight decrease from the previous AWD version with a 279-mile range. This deviation is likely attributed to the transition to LFP batteries.
It’s worth noting that due to LFP’s greater resilience, a full 100% charge nightly is recommended, as opposed to the recommended 90% daily charge for NMC cells. This levels out the range difference, except for occasional long trips or in colder climates, where NMC batteries have an edge.
Tesla Model Y RWD Performance and Configuration
In terms of performance, the new Model Y RWD boasts a 0-60 mph time of 6.6 seconds, compared to the 5.0 seconds of the previous Model Y AWD. Additionally, it features a peak charge rate of 170kW, in contrast to the 250kW charge rate of other Model Y trims. Notably, the 7-seat configuration is not available for the Model Y RWD.
A Global Perspective
The Model Y standard range with LFP battery has been available in China since 2021, and Tesla recently updated it to achieve a 0-62 mph time of 5.9 seconds, down from the previous 6.9 seconds. This adjustment aligns closely with the 0-60 time of 6.6 seconds for the new US Model Y RWD.
Affordable Options for Buyers
At a post-incentive price of $36,490, this offering potentially marks the most budget-friendly option for the Tesla Model Y in the US to date. While a Standard Range model was previously offered for as low as $39,990, it did not qualify for the tax credit due to Tesla’s prior credits running out. Moreover, it had a brief appearance on the site for orders in early 2021, underwent a price reduction in February, and was subsequently removed from the configurator.
Assuming production and delivery proceed smoothly this time around, it’s conceivable that savvy buyers might secure a Model Y for even under $30k with the right state or regional incentives in conjunction with the federal tax credit.
Potential Tax Credit Changes
However, it’s crucial to note that the Inflation Reduction Act mandates that batteries must be manufactured outside of China to qualify for the new EV tax credit. As Tesla’s LFP batteries are currently produced in China, it is plausible that access to the federal tax credit may be restricted or the credit itself may be reduced by the year’s end. The exact outcome remains uncertain.
Tesla Model Y RWD Deliveries and Availability
According to Tesla’s website, deliveries for the Model Y RWD are slated to commence in “Oct-Nov 2023,” implying a potential lead time of up to 8 weeks for current orders.
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SOURCE : ELECTREK
FAQs
What is the base price of the new Model Y RWD?
The base price for the Model Y RWD is $43,990.
How does the Model Y RWD differ from the discontinued Model Y AWD?
The Model Y RWD features a rear-wheel drive configuration, utilizing one motor instead of the dual-motor system found in the AWD version. This results in cost savings. It is also speculated to be equipped with a more cost-effective Lithium-Iron-Phosphate (LFP) battery.
What is the range of the Model Y RWD?
The Model Y RWD, equipped with an LFP battery, is listed with a range of 260 miles.
How does the Model Y RWD compare in terms of performance?
The Model Y RWD has a 0-60 mph time of 6.6 seconds, which is slightly slower than the previous Model Y AWD with a time of 5.0 seconds.
Can the Model Y RWD be configured with a 7-seat layout?
No, the 7-seat configuration is not available for the Model Y RWD.
When will deliveries of the Model Y RWD commence?
According to Tesla’s website, deliveries are scheduled to start in “Oct-Nov 2023,” implying a potential lead time of up to 8 weeks for current orders.
Is there a possibility of the federal tax credit being affected by battery sourcing?
Yes, the Inflation Reduction Act stipulates that batteries must be manufactured outside of China to qualify for the new EV tax credit. As Tesla’s LFP batteries are currently produced in China, access to the federal tax credit may be limited or the credit itself may be reduced by the end of the year. The exact outcome remains uncertain.