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Tesla brings back rear-wheel-drive Model Y in U.S., at lower price

Clyde Edgerton by Clyde Edgerton
October 3, 2023
in Markets
Tesla brings back rear-wheel-drive Model Y in U.S., at lower price
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Tesla Inc.
TSLA,
+0.55%
late Monday relaunched a rear-wheel-drive version of its bestselling Model Y crossover SUV in the U.S. The latest version, with a range of up to 260 miles, starts at $43,990, according to Tesla’s website — $3,750 cheaper than its previous base model. The Model Y was launched in 2020 and is Tesla’s best-selling vehicle. The rear-wheel-drive version had been discontinued in the U.S. in 2021, but they were still being sold in Europe and China. Earlier Monday, Tesla reported third-quarter deliveries that were below expectations, though Wall Street was optimistic about future demand.



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Clyde Edgerton

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