Tesla's Model Y Performance costs $57,500 and is a bargain, but has certain drawbacks (2 photos)
The new Tesla Model Y Performance is now available
Tesla has officially launched the top version of its electric crossover, the Model Y Performance, in the United States. This model is now available in the online configurator with a price starting at $57,490.
Key features of the model
Leasing and financing terms
For those who prefer leasing, Tesla offers special terms: a down payment of $4,300 and a monthly payment of $635 for 36 months with a mileage limit of 10,000 miles per year. If you choose a shorter 24-month lease, the monthly payment increases to $745. The down payment can be reduced to $1,427 depending on the terms of the deal.
The company also increased its leasing prices after the government's tax breaks for electric vehicles were eliminated.
Comparison with other models
The Model Y Performance significantly outperforms the $48,990 base Long Range All-Wheel Drive model, which accelerates to 60 mph in 4.6 seconds, has a top speed of 125 mph and a range of 327 miles. The price difference between the models is $8,500, making the Performance version a viable option for those looking for a more dynamic performance.
Limited Options
Tesla offers a minimal range of options for the Model Y Performance. Buyers can choose from six exterior colors at no extra cost, and the standard 21-inch Arachnid 2.0 wheels have no alternatives. The only expensive option is the $8,000 “Full Autonomous Driving” package, and accessories like a roof rack and air mattress are also available. 
Competitive Advantages and Market Positioning
At $57,500, the Model Y Performance is significantly cheaper than the Hyundai Ioniq 5N ($66,200), but more expensive than the Ford Mustang Mach-E GT ($54,495). At the same time, the Korean competitor has a significantly smaller range – only 221 miles, and the American one is inferior in dynamics (acceleration to 60 mph in 3.8 seconds) and has a range of 280 miles.
Impact of changes in legislation
The abolition of the federal tax credit for electric vehicles in the amount of $ 7,500 at the end of September significantly affected the availability of Tesla. Although some states, such as Colorado, continue to offer their own incentive programs, the lack of federal support has made leasing and purchasing electric vehicles more expensive for consumers.
The increase in leasing prices has affected the entire Tesla lineup – the Model Y RWD and AWD now cost $ 529-599 per month instead of the previous $ 479-529, and the Model 3 – $ 429-759 instead of $ 349-699. These changes reflect the general trend towards higher prices for electric vehicles in the American market amid changing government policies to support electric vehicles.
