- Prices for three versions of the Model Y have increased in the US.
- Premium RWD, Premium AWD, and Performance trims are now pricier.
- A stretched six-seat Model Y may soon arrive in American showrooms.
The Model Y still sits at the top of the American EV charts by a margin that borders on embarrassing for the rest of the industry. More than 357,000 found buyers last year, north of five times the volume of the Chevy Equinox EV, which finished 2025 as the best-selling non-Tesla EV. However, there’s some unwelcome news for those shopping for a new Model Y.
While the price hikes are relatively small, they may be enough to convince some to look elsewhere for their next EV. The entry-level Model Y RWD and AWD trims continue to start at $39,990 and $41,990 respectively, but the mid-range Premium RWD climbs $1,000 to $45,990, an increase of 2.2 percent.
Read: Tesla’s Model Y Just Became The First Vehicle To Pass America’s New Safety Tests
Tesla has applied the same $1,000 walk to the Premium AWD, which now lists at $48,990, while also bumping up the MSRP of the Model Y Performance from $57,490 to $57,990. All prices exclude delivery fees and local state taxes.
Getting Ready To Launch The Six-Seat Model Y L?
In typical Tesla fashion, the company has offered no explanation for the increases, and they have not been paired with the kind of model-year refresh other automakers usually point to when they tap the price tag. This is the first Model Y hike since 2024, which leaves the increases comfortably below the current 3.8 percent annual inflation rate.
The Model Y line-up may soon grow in the United States with the launch of the three-row Model Y L, first introduced in China and since added to the line-up in several other markets, including the UK and Australia. A prototype of the six-seat Model Y was recently spotted being tested on US roads, perhaps indicating that a local launch is imminent. If it does indeed land locally, prices will likely start just north of $50,000.
