Tesla raises Model Y Premium $1,000

Tesla raised U.S. prices on three higher-end Model Y trims on May 16, according to the company’s website and reports that tracked the change. The increases pushed the Model Y Premium rear-wheel-drive and Premium all-wheel-drive versions up by $1,000 each, while the Model Y Performance rose by $500. Tesla left the lower-priced rear-wheel-drive and all-wheel-drive versions unchanged at $39,990 and $41,990, respectively. Reuters, Electrek, TeslaNorth and Not a Tesla App all reported the update after the prices appeared on Tesla’s U.S. site. ### Which Model Y trims changed, and by how much? Tesla’s U.S. configurator showed the Model Y Premium rear-wheel-drive at $45,990 and the Model Y Premium all-wheel-drive at $49,990 after the change. The Model Y Performance was listed at $57,990, up from $57,490, according to Tesla-tracking sites that published side-by-side before-and-after prices and to Reuters’ report based on the company website. (kfgo.com) Not a Tesla App said the base Model Y rear-wheel-drive remained at $39,990 and the Model Y all-wheel-drive stayed at $41,990. TeslaNorth reported the same pattern, saying the increase was limited to higher-end versions rather than the full lineup. ### Where did the new pricing appear? (notateslaapp.com) Tesla’s design-and-order page and inventory listings reflected the updated U.S. pricing by May 17. The inventory page showed new Model Y vehicles starting at $39,990 for rear-wheel-drive configurations, while Tesla’s order page continued to present the U.S. lineup for direct purchase online. Reuters reported the changes as appearing on Tesla’s website on Saturday, May 16. (notateslaapp.com) CNBC and Electrek separately described the move as Tesla’s first U.S. Model Y price increase in two years. ### Why are some trims unchanged? Tesla did not give a reason for the price increase in the materials reviewed. CNBC reported that the company did not provide an explanation for the move, and Reuters’ brief on the change also cited the website rather than a company statement explaining it. (tesla.com) (kfgo.com) Electrek said the increase applied to Premium and Performance trims, while entry-level versions were left alone. TeslaNorth said the base “Juniper” model remained at its prior pricing, referring to Tesla’s redesigned Model Y that the company introduced in 2025. Tesla’s own “Introducing New Model Y” page describes the updated vehicle as a redesigned version of the Model Y. (cnbc.com) ### How unusual is a Model Y increase right now? CNBC reported that Tesla had not raised U.S. Model Y prices in two years before this change. Electrek also described the move as the first Model Y price increase in that period, after a stretch in which Tesla more often adjusted prices downward or used incentives to support demand. (electrek.co) In August 2025, Reuters reported that Tesla raised the price of its highest-end Cybertruck variant by $15,000 in the United States. That earlier move showed Tesla was still willing to adjust pricing on selected vehicles even as broader electric-vehicle demand remained competitive. (cnbc.com) ### What should shoppers watch next? Tesla’s U.S. configurator remained the clearest place to track whether the May 16 increases hold or expand to other trims. The company’s inventory page also gives a day-to-day view of listed prices for new, demo and repaired demo Model Y vehicles in the United States. May 17 listings on Tesla’s website still showed the unchanged $39,990 rear-wheel-drive entry model alongside the higher Premium prices. (usnews.com) Any further adjustment would most likely appear first on those same Tesla pages. (tesla.com)