Tesla has begun taking orders for a more affordable rear-wheel drive Model Y in the United States, priced at $45,990 but eligible for a federal tax subsidy of $7,500, reducing the effective cost to $37,490. The vehicle offers an impressive range of 357 miles and can accelerate from 0 to 60 mph in 5.4 seconds. This move is seen as crucial for Tesla, as the company faces declining sales numbers in the face of competition from cheaper Chinese EVs and struggles in the European market, where similar models have not succeeded in reversing a downward trend.
Tesla's newly launched rear-wheel drive Model Y, priced at $45,990, aims to reverse declining sales by offering a more affordable electric vehicle option.
Despite initial hopes, sales of Tesla's cheaper Model Y in Europe have plummeted, with a 62% drop in the UK, highlighting ongoing challenges.
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