Model Y US price increases + deal shifts
Key Questions
How much did Tesla raise Model Y prices in the US?
Tesla increased prices for the first time in two years, adding $1,000 to Premium RWD and AWD trims and $500 to the Performance model. The base Model Y price remained unchanged.
What are the new starting prices for Model Y trims?
The Premium RWD now starts at $45,990 and AWD at $49,990 after the increases. Performance pricing also rose by $500 while the base trim stayed the same.
Why are Model Y deals worsening after the Spring update?
Post-spring inventory discounts and promotional financing have been reduced or removed following the price adjustments. Buyers may face higher effective costs on new orders.
When did the Model Y price increase take effect?
The changes were implemented on May 16, 2026, affecting three of the four trims. Tesla did not provide an official explanation for the adjustments.
Which Model Y variants were affected by the price hike?
The Premium RWD, AWD, and Performance trims each saw increases of $500 to $1,000. The entry-level base Model Y price was not changed.
First US Model Y price hikes in 2 years: +$1k Premium RWD/AWD to $45,990/$49,990; +$500 Performance; base unchanged. Deals worsening post-spring. Status developing.