Tesla Model Y Insights: Price, Features, and the Latest from Elon Musk

Tesla is a famous American multinational automotive company based in Austin, Texas. The company produces automobiles and develops robotic products and artificial intelligence. Elon Musk, CEO of Tesla, took to his social media account ‘X’ to announce that the updated version of Model Y will not be released this year. In January 2020, Tesla entered the world of manufacturing. Tesla Model Y is the fifth production model of the company since its launch after Model S, Model X, Model 3, and Roadster. Many people expected the Tesla Model Y ‘Refresh’ to be launched this year, but Elon Musk confirmed it’s not happening in 2024.

Details About the Tesla Model Y and Its Price Range

Since its launch, the Tesla Model Y is one of the bestselling cars from the US electric car manufacturer Tesla. The Tesla Model Y is one of the most cost-efficient cars of the brand and has gained significant popularity. The Tesla Model Y lineup starts with the Standard Range Version, which comprises rear-wheel drive and is also cost-efficient. Long-range and performance models of the Model Y are very compelling thanks to its dual motors that offer a higher combined horsepower rating and all-wheel drive.

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The seating capacity of the Tesla Model Y can carry up to seven passengers. The Tesla Model Y comprises a 15-inch touchscreen, which can control various functions of the electric SUV. Other features of the Model Y include heated front and rear seats, 12-way power adjustment, dual-zone climate control, wireless charging, and a panoramic glass zone. The Model Y will also comprise of Tesla’s semi-autopilot technology, which will consist of blind spot monitoring, rear sensors, a 360-degree camera front, collision warning, emergency brake assist, and adaptive cruise control.

The price range of the Tesla Model Y is $42,990-$51,490.

Recent updates by Elon Musk, Tesla Model Y ‘Refresh’ Is Not Coming In 2024

Billionaire and CEO of Tesla took to his social media account ‘X’ to announce that the refreshed version of its best-selling Tesla Model Y will not be launched in 2024.

Elon Musk wrote, “No Tesla Model Y ‘Refresh’ is coming out this year.” Signifying that Tesla continuously improves its cars, Elon Musk further said, “Even a car 6 months newer will be a little better.”.

Tesla is taking more time to upgrade older car models because people are not interested in buying expensive cars due to high interest rates.