Live
ePaper
Search
Home > Tech & Auto > Tesla introduces new Model Y variant in US priced at $41,990

Tesla introduces new Model Y variant in US priced at $41,990

Written By: Indianews Syndication
Last Updated: February 3, 2026 07:56:16 IST

Feb 2 (Reuters) – Electric-vehicle maker Tesla introduced a new variant of its Model Y vehicle in the United States priced at $41,990, the company's website showed on Monday. The all-wheel drive variant of Tesla's bestselling Model Y SUV is priced above the cheaper "standard" version. Tesla launched stripped-down versions of the Model Y SUV and Model 3 sedan in October, priced about $5,000 below the previous base models, as it sought to defend volumes after the EV tax credit loss. EV demand has softened across the industry since the end of September, when the Trump administration ended $7,500 federal tax credits, with Tesla also facing rising competition globally. Tesla CEO Elon Musk said last week that the carmaker would end production for its Model S and Model X sedans, and instead use the space in its California factory to make humanoid robots. (Reporting by Ananya Palyekar in Bengaluru; Editing by Subhranshu Sahu)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

MORE NEWS

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?