Every now and then it’s good to check in on Tesla’s website because you never know what kind of news you’re going to stumble across. For example, the Tesla Model Y’s ordering page now boasts two notable updates: Pricing and details for a new more affordable rear-wheel-drive standard-range model, as well as the electric SUV’s three-row seating option. Coincidentally or not, both changes come less than a month after official reviews of the Ford Mustang Mach-E—the Model Y’s latest EV challenger—started hitting the newswire.
It appears that Tesla is trying to undercut the Mach-E’s price tag as a way of swaying buyers away from the shiny new pony. The “Standard Range” Model Y serves as the model’s base trim level and starts at $41,990. It carries an EPA-estimated range of 244 miles. That means the Model Y Standard Range is $8,000 less expensive than the all-wheel-drive Model Y Long