The Tesla Model Y L Premium, a three-row variant first launched in China, is now being built and sold in the United States. The starting price on Tesla’s website is $61,990 \u2014 a figure that quietly contradicts Elon Musk’s earlier disdain for such pricing tricks, yet one that Tesla now uses to boost sales. The move comes as Tesla’s US sales reportedly dropped about 20% year over year last quarter, despite high gas prices fueled by the war on Iran and the Strait of Hormuz closure. Clearly, Tesla needs a boost in its home market.<\/p>\n
The Model Y L Premium is positioned as a more spacious alternative to the standard Model Y. However, its $61,990 price tag places it far above the Kia EV9, which starts at around $35,000. The model also faces competition from premium three-row SUVs like the Cadillac Escalade, Toyota Grand Highlander, Lexus TX, and electric rivals such as the Hyundai IONIQ 9 and Kia EV9. While Tesla’s ‘Full Self-Driving’ capability could be a differentiator, it is not currently driving significant sales.<\/p>\n
The key question is: how many Americans will buy the Model Y L? Several factors come into play.<\/p>\n
Many existing Tesla owners who love their cars but crave more space may trade in their Model Y or Model 3 for the new three-row model. Meanwhile, a growing number of American families are seeking three-row seating. However, the price gap with entry-level three-row SUVs is steep, and many budget-conscious buyers may balk at $62,000. The author takes a more pessimistic view than some colleagues, predicting sales primarily from loyalists trading up, followed by limited mainstream demand at the current price point.<\/p>\n
The wild card remains Full Self-Driving. If Tesla eventually delivers true hands-free, eyes-off capabilities, the Model Y L could become far more attractive. Until then, the market may remain niche. As the author notes, ‘Let’s wait and see.’ Ultimately, whether the Model Y L gives Tesla a ‘significant boost or barely any at all’ is uncertain, but early indicators suggest a modest impact given the competitive landscape and pricing dynamics.<\/p>\n","protected":false},"excerpt":{"rendered":"
Tesla’s new three-row Model Y L arrives in the US at $61,990. With sales down 20% YoY and competition from Kia EV9 and others, will it succeed? Analysis.<\/p>\n","protected":false},"author":1,"featured_media":445,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-446","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/test2.cryptofinancewire.com\/index.php\/wp-json\/wp\/v2\/posts\/446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/test2.cryptofinancewire.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/test2.cryptofinancewire.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/test2.cryptofinancewire.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/test2.cryptofinancewire.com\/index.php\/wp-json\/wp\/v2\/comments?post=446"}],"version-history":[{"count":1,"href":"https:\/\/test2.cryptofinancewire.com\/index.php\/wp-json\/wp\/v2\/posts\/446\/revisions"}],"predecessor-version":[{"id":447,"href":"https:\/\/test2.cryptofinancewire.com\/index.php\/wp-json\/wp\/v2\/posts\/446\/revisions\/447"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/test2.cryptofinancewire.com\/index.php\/wp-json\/wp\/v2\/media\/445"}],"wp:attachment":[{"href":"https:\/\/test2.cryptofinancewire.com\/index.php\/wp-json\/wp\/v2\/media?parent=446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/test2.cryptofinancewire.com\/index.php\/wp-json\/wp\/v2\/categories?post=446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/test2.cryptofinancewire.com\/index.php\/wp-json\/wp\/v2\/tags?post=446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}