ELON Musk’s Tesla launched a new higher-priced version of the Model Y, its best-selling car, in the United States, Canada and Europe on Thursday (Jan 23), weeks after it was first released in China.
The new Model Y, a long range all-wheel drive variant, will cost US$59,990 in the US, according to the electric vehicle (EV) maker’s US website, 25 per cent higher than its predecessor which costs US$47,990.
The new variant comes equipped with the supervised full self-driving software, which is an optional addition in previous Model Y cars for US$8,000.
Tesla will begin deliveries of the new car in March.
With the launch, Tesla now lists four versions of the Model Y in the US, with the new car costing the most, and even higher than the performance variant.
The new variant also has redesigned exteriors, upgraded features inside and a slightly extended range of 515 kilometres, according to Tesla.
Tesla first launched the Model Y in 2020 and it became the world’s best-selling car in 2023. The ageing model lost some sales momentum last year, hurt by competition from rivals in China, while in other markets demand for EVs has weakened. REUTERS
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