It is looking like the Tesla Model 3 could steal plenty of sales of the Tesla Model Y. we say this as the when the Model Y arrives on the market Tesla is going to have reached the limit of 200k for the federal tax discount of $7,500 due to sales of the Model 3 and those thinking about buying the Model Y wouldn’t be able to get the tax credit.
There is a debate about whether or not Tesla chose right when they decided to make the third vehicle an SUV instead of an entry level sedan. However as SUVs are the in-thing at the moment, it does seem to have been a good choice. More likely the issue is over whether they built the wrong SUV.
What Tesla could have done with launching was a sub $50,000 crossover and this would have helped with sales along with giving Tesla the money needed so that they venture forward, instead of offering a toy with a price tag of $100,000 and up for around 1%. The carmaker may be about to rectify this mistake though in the near future.
The Tesla Model 3 has brought a great deal of buzz and it has taken between 370,000 and 400,000 in pre-orders. The first of the vehicles should be coming out this year and Elon Musk said that the Model 3 is top priority. The Tesla Model Y is going to take the carmaker into a transitionary phase. This is a smaller SUV with the signature Falcon Wing doors taken straight from the Model X.
Trump is putting an end to the federal incentives for electric vehicles. The Tesla Model 3 has a price tag of $35,000 and the Tesla Model Y comes in with a higher starting price tag. Elon Musk did say that the average sales price is going to come in higher as the consumers are going to add-on options.
At the moment the timeline of Tesla seems to indicate that the Tesla Model Y is going to come as the return shots are fired from the industry and this is going to be a fight that is going to be fun to watch.