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On October 7, 2025, the manager of Tesla's Berlin plant made an announcement: the price of the brand-new, streamlined Model Y will be slashed by roughly 10%, setting the starting price at approximately $30,000. The vehicle manages to cut costs by streamlining its configurations and optimizing production lines. For instance, it does away with the through - type light strip and the glass sunroof, and opts for fabric seats for the interior. Regarding the powertrain, the rear - wheel - drive version comes equipped with a small - capacity lithium iron phosphate battery, enabling a driving range of 250 - 300 miles. This strategic move is intended to tackle global competition and spur sales. The market expects the pricing to fall within the range of $30,000 - $35,000, which is far more appealing compared to the current entry - level price of RMB 263,500.
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