Speculation that Tesla is about to reveal a new model that is the new entry level and lower priced version of the existing Model Y and could potential be named the Model 2, and could be compatible with Tesla’s RoboTaxi service is about to be revealed on October 7, 2025.
Details are light, but we expect the new EV to be priced somewhere between the low end at $25k to the $35k on the higher end for the new entry level model starting price.
There will certainly be add-ons upgrades that will take the price up.
While the Model Y starting price is higher, now that the $7500 EV Tax credit has ended, prices on EV’s are fluctuating with some manufacturers doing dealer buy outs to secure the EV credit, and then pass that onto consumers on a limited inventory.
While other manufactures are lowering the prices by $7500 and more, to make up the difference.
While we are seeing Tesla pre-owned slate of vehicles prices tick up a little, it’s not significant. With many 2022 Model Y’s with no down, and 10,000 miles per year leases still in the $400 range per month for 2 years. This is not much different than we saw a month ago.
For a three year old vehicle this is not a bad price. And tempting if you are in for the short run and don’t want to get caught with technology that is changing quickly and prices punctuations. Perhaps as time progresses some EV tax credits could come back, but probably not for a few years.
Manufactures will have to find ways to lower their costs, and pass that onto consumers to compete.