Hyperdrive
Tesla Reintroduces Rear-Wheel Drive Model Y at Lower Price
- Tesla’s latest price tweaks have Model Y starting at $43,990
- Move comes as third-quarter deliveries missed expectations
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Tesla Inc. reintroduced a Model Y crossover sport utility vehicle with rear wheel drive in the US late Monday, after reporting third quarter deliveries that fell short of Wall Street expectations.
The starting price of the rear-wheel drive Model Y is now $43,990, according to Tesla’s website, and have a stated range of 242-260 miles. The electric vehicles likely use cheaper lithium-iron phosphate, or LFP, batteries.