Did Tesla drop the price of Model Y?
Tesla on Tuesday unveiled new versions of its two most popular models that will sell for around $5,000 less than previous versions. The new Model Y will sell for $40,000 and Model 3 will cost $37,000. The price of the 2025 Tesla Model Y starts at $46,630 and goes up to $53,130 depending on the trim and options. Buying an electric car is all about driving range, and the Long Range RWD and Long Range AWD models offer up to 337 and 311 miles of range, respectively.It’s clear that Tesla’s $25,000 EV isn’t happening. Elon Musk openly said that a car that cheap would be silly and pointless, so the next best thing is naturally a slightly more expensive model that Tesla can still turn a profit on.But Musk’s influence within conservative politics has inspired a growing segment of people to ditch their Tesla, as they don’t want to be connected to Musk and had tied his political actions to their ownership of vehicles produced by his company.The arrival of the 2026 Tesla Model Y Standard has caused quite a stir. Instead of being the subtly detuned version of the existing Model Y we all expected, it’s a thoroughly reengineered entry-level car designed to cut costs. In other words, it’s unlike any Tesla we’ve seen before.Elon Musk most often drives a Tesla Model S Performance and sometimes a Tesla Model X when he needs extra space. He also toggles between those and the Cybertruck, depending on the day.
Is the Tesla price going down in 2025?
The cost of a Tesla electric vehicle will range from $32,490 to $125,490 in 2025, depending on the model and package you choose. Tesla remains one of the most popular electric car options, holding 49% of the EV market share. Many of their models are eligible for a $7,500 federal tax credit to bring the price down. Based on what we’re seeing with Tesla batteries, they can be expected to last up to 20 years – roughly the same amount of time that the vehicle will be in operation. However, a Tesla battery lifespan is influenced by usage, charging behaviors, temperature, and battery configuration of the vehicle.Tesla batteries are built to last, but over time they degrade, reducing range. Although battery pack replacements are rare, they can be costly. Also, while Tesla has made major strides in expanding Supercharger availability, certain regions still lack adequate charging infrastructure.It’s losing market share in the US, too. While Tesla is still the top-selling EV brand in America, its share of electric-car sales has dropped to around 40%, according to Kelley Blue Book, down from more than 75% in 2022.However, J. D. Power says, Tesla’s batteries tend to degrade to the extent of about 1% of range per year, which means the batteries retain 90% of their capacity after 10 years on the road; that is well within expectations for the industry.
Why is the Tesla price falling?
To combat a demand drop, Tesla introduced lower-cost Standard variants of Model Y and Model 3 vehicles earlier this month, stripping out a myriad of premium and basic features and lowering prices by about $5,000 to $5,500. Pricing and Which One to Buy The price of the 2025 Tesla Model Y starts at $46,630 and goes up to $53,130 depending on the trim and options. Buying an electric car is all about driving range, and the Long Range RWD and Long Range AWD models offer up to 337 and 311 miles of range, respectively.A 2023 Tesla Model Y has depreciated $16,047 or 37% in the last 2 years and has a current resale value of $26,785 and trade-in value of $23,155. The 2023 Tesla Model Y is in the 25-75% percentile for depreciation among all 2023 SUVs.Tesla owners appear to be well-off. The median home value for a new Model X owner was much higher at $641,882. Model Y owners came in at $562,823.Tesla annual gross profit for 2024 was $17. B, a 1. Tesla annual gross profit for 2023 was $17. B, a 15. Tesla annual gross profit for 2022 was $20. B, a 53.The price of the 2025 Tesla Model Y starts at $46,630 and goes up to $53,130 depending on the trim and options.
What happens when Tesla goes below 20%?
Charging Routine. Try to avoid keeping the battery below 20% charge for an extended period of time. When the battery is too low in charge, the battery icon will turn yellow and the available range will drop if the vehicle is parked in colder temperatures. Tesla recommends limiting the Battery’s full charge level to below 90% for Daily use and charging to 100% only if needed for a long Trip. A portion of the battery image may appear blue.
Why did Tesla suddenly drop?
During the company’s earnings call, the shares continued to lose ground after CEO Elon Musk warned analysts of a few rough quarters” ahead as federal incentives for EV manufacturers dry up. Musk went on to hit $300 billion in November 2021 and $400 billion in December 2024. If he keeps up that pace, Musk could become the world’s first trillionaire before March 2033, when the first of two vesting dates for his $1 trillion Tesla pay package hits.Disentangling the Musk effect is a hard problem. As of July, Tesla’s sales were down in 2025 and in 2024, two years in a row. This was in spite of a growing market for EVs.The one person who has seen a similarly significant drop is Bill Gates (right), and he’s giving it away. Elon Musk’s net worth has dropped by $75 billion in 2025, down to $357 billion, amid Tesla’s declining sales, political fallout with President Trump, and widespread vandalism targeting the brand.
Is Tesla struggling financially?
And what it looks like today is a struggling EV manufacturer. Its automotive revenue declined 16% year over year in the second quarter. Tesla has struggled to grow sales meaningfully now that interest rates have risen back toward historically normal levels, which makes buying cars more expensive. The arrival of the 2026 Tesla Model Y Standard has caused quite a stir. Instead of being the subtly detuned version of the existing Model Y we all expected, it’s a thoroughly reengineered entry-level car designed to cut costs. In other words, it’s unlike any Tesla we’ve seen before.How much does a Tesla model cost? A Tesla can be priced as low as $42,490 or as high as $125,490 in 2025, depending on the model and added features. The cheapest Tesla model is the base Model 3 Rear-Wheel Drive, starting at $42,490. This is less than the average cost of an electric car, which is about $55,000.Tesla (Models S, Y, X, and 3) The Model X wasn’t far behind with a 12. YoY price reduction.By September, Tesla discontinued the model. It lasted a solid 6 months. Many believed that Tesla wasn’t actually looking to sell the new version, which served more as making the Cybertruck AWD seemed like better value. We might be witnessing a redo here witht the new standard Model Y that Tesla launched yesterday.
Why are people not buying Tesla anymore?
One owner, speaking to The New York Times, described being insulted in a parking lot. Others have cited political concerns as the reason for selling their vehicles. Still, cars are major financial commitments, and many Tesla owners are not in a position to sell—even as used prices continue to drop. Valuation: We view Tesla shares as significantly overvalued heading into earnings. The stock trades in 2-star territory, about 70% above our fair value estimate. We think the market is overly optimistic on Tesla’s robotaxi product and a lot of the upside is already priced into shares.Currently, Tesla has a market capitalization of $1. Buying $100 In TSLA: If an investor had bought $100 of TSLA stock 10 years ago, it would be worth $3,233. TSLA at the time of writing.If You Bought Tesla Stock 10 Years Ago If you had invested $10,000, you could have bought roughly 742 shares. Currently, shares trade at $394. Tesla has never paid dividends.If You Bought Tesla Stock 10 Years Ago Currently, shares trade at $394. Tesla has never paid dividends. If you had invested $10,000 in Tesla stock 10 years ago, your total return would have been 2,828.Tesla’s stock market value loss will be colossal because this valuation is simply stratospheric,” he said. I’m not sure that Tesla will still exist in 10 years. It’s an innovative group, but they’ll be beaten by BYD’s efficiency.