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Tesla Model Y Deep Discounts · Elon Musk Podcast

• 0:01
  Hey, everybody. Welcome back to the Elon Musk
• 0:04
  Podcast. This is a show where we discuss
• 0:07
  the critical crossroads, the shape, SpaceX, Tesla X, The
• 0:11
  Boring Company and Neurolink. I'm your host, Will Walden.
• 0:16
  How low are Tesla's prices dropping for the Model Y?
• 0:19
  And also what's driving these new discounts?
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  And is it worth holding out for the updated Model Y known as
• 0:26
  Juniper? Also, Cybertruck is seeing some
• 0:29
  price cuts just months after its launch.
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  Let's unpack these details and explore what this means for
• 0:36
  Tesla, and more importantly, what it means for you, the
• 0:39
  customer. Tesla is rolling out significant
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  discounts on select Model Y inventory vehicles in the United
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  States, fueling interest among buyers seeking lower prices for
• 0:50
  one of the most popular electric vehicles on the market.
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  The discounts arrive as Tesla prepares to release the
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  anticipated Juniper update to the Model Y later this year.
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  And the current discounts make some Model Y configurations
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  cheaper than ever, a move likely intended to clear existing
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  inventory before the updated model debuts.
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  Now, the Model YS importance to Tesla cannot be overstated.
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  According to Kelley Blue Book, the Model Y was the best selling
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  electric vehicle in the United States in 2024, far outpacing
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  its competitors. When combined with the Model 3,
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  Tesla's two most accessible vehicles accounted for over 40%
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  of the US electric vehicle market last year.
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  Now, the dominance has solidified Tesla's leadership in
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  the EV sector, but it's also created challenges as
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  competitors like Ford, Rivian, and Lucid Motors continue to
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  narrow this gap. Current discounts of the Model Y
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  inventory are particularly noteworthy for their pricing,
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  which in some cases brings the vehicles cost below $40,000.
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  This price includes the $7500 federal EV tax credit, which
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  applies to many Tesla models. And for example, a long range
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  all-wheel drive Model Y in Stealth Gray available through
• 2:02
  Tesla's inventory page is listed at $38,570 before taxes and fees
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  is nearly $2000 less than the same model.
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  Order directly from Tesla's build to order system where it's
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  priced at $40,490.00. These inventory specific
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  discounts effectively reduce the cost of the all-wheel drive
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  Model Y to levels typically associated with Tesla's lower
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  priced rear wheel drive variant. Buyers looking for an all-wheel
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  drive Model Y which offers better handling and performance
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  may find this an attractive opportunity, especially with
• 2:37
  Tesla Straightforward ordering online which makes the deals
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  really easy to spot. Go check them out right now at
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  tesla.com. The leasing options are also
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  more affordable for discounted Model Y inventory.
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  A standard lease for an all-wheel drive Model Y is
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  around $399 per month before taxes and fees.
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  However, discounts on inventory vehicles allow Tesla to offer
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  slightly reduced monthly payments, with some leases
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  dropping to about $10 less $385 per month.
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  But this may seem like a small difference, though.
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  Over a typical three-year lease term, it adds up to meaningful
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  savings for cost conscious customers.
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  Now. It's essential, however, for
• 3:17
  potential buyers to understand that these discounts apply to
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  the current version of the Model Y, which Tesla first launched in
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  March of 2020. And while the vehicle remains a
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  top seller, it's no longer Tesla's newest design.
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  It's been updated. There's a Model Y called the
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  Juniper, which is announced earlier this month in China and
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  is expected to bring notable improvements when it arrives in
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  the United States, though the exact timing remains unclear.
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  The Juniper update is widely believed to include both
• 3:48
  interior and exterior design enhancements, similar to the
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  changes Tesla made to the Model 3 in 2023.
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  And while many details remain speculative, analysts suggest
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  that the updated version will appeal primarily to returning
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  Tesla customers rather than first time buyers.
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  Many customers for the update will be returning Tesla owners.
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  This suggests that the discounts on the current Model Y are
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  likely aimed at enticing new customers into the Tesla
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  ecosystem before the refresh model arrives.
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  Now, beyond the Model 3, Tesla's also slashing prices on the
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  recently launched Cyber Truck, the electric pickup that has
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  drawn equal parts fascination and criticism since its
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  unveiling. The Cyber Truck, which first
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  rolled off production lines in late 2023, has faced numerous
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  challenges including delays, production bottlenecks and
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  criticisms of its unconventional design and also its tow hitch
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  being ripped off on some YouTube videos.
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  Now Tesla's website now this discounts of up to $1600 on new
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  Cyber Trucks configurations, bringing the starting price of
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  the vehicle to $72,000 and or $72,890.00 in demo units.
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  Vehicles used for test drives or display purposes are also seeing
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  steep price reductions, with discounts reaching as much as
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  $3410 off. Even with these markdowns,
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  though, the Cyber Truck remains far more expensive than
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  initially promised. Elon Musk said it was going to
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  be around $40,000, but the figure has been abandoned and
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  the production costs have soared.
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  So $80,000 ish is what you're going to get a cyber truck for.
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  So about double the price. So report suggests that Tesla is
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  grappling with significant production challenges at a Skiga
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  factory in Texas where the cyber truck is built.
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  And some Tesla employees have even been reassigned from the
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  cyber truck assembly line to focus on manufacturing the Model
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  Y, Tesla's top selling vehicle. It's important for the Model Y
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  to continue to grow in this the biggest part of Tesla's bottom
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  line, especially as the company navigates increasing competition
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  in the coming years. Now the cyber truck hasn't been
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  a smooth launch since since it launched, vehicle has faced
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  criticism for the exterior. Of course, it's weird looking on
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  the road is big, is bulky, it's angular and it's been prone to
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  rust and spotting. In December, Tesla recalled
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  70,000 Cyber Trucks due to issues with the tire pressure
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  monitor system, marking the 7th recall for the sharp edged
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  electric pickup. And but despite these setbacks,
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  the Cyber Truck remains a cornerstone of the product
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  lineup, even as it's polarizing design continues to divide
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  public opinion. Now price wars within the EV
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  market have added another layer for Tesla legacy automakers for
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  General Motors and Rivian also and Lucid.
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  The new guys have been aggressively competing on price
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  to capture market share. For Tesla, which is historically
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  positioned itself as a premium vehicle, these market dynamics
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  have necessitated more frequent price adjustments.
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  This counts on the Y and the cyber truck also raise questions
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  about demand for Tesla's vehicles.
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  And while Tesla has consistently ranked among the top selling EV
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  brands, the company has faced slowing sales growth in recent
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  quarters, especially in regions like China and Europe.
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  Analysts have speculated that these price reductions may be a
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  strategic response to waning demand as Tesla seeks to
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  maintain its competitive edge. But for potential buyers, the
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  question of whether to take advantage of current discounts
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  or wait for new models remains central consideration right now.
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  While the current Model Y offers excellent value with its reduced
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  price, the upcoming Juniper update may sway some customers
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  to wait for the latest features and design improvements.
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  Meanwhile, the Cyber Trucks price cuts could make the pickup
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  a more attractive option for those willing to overlook its
• 7:53
  design and production hiccups. It's a weird looking truck
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  compared to other vehicles on the road, but some people love
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  it, and Tesla's strategy will likely hinge on how well the
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  company can balance its existing product lineup with its plans
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  for innovation and expansion. The Model Y and the Cyber Truck
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  are two different aspects of Tesla's approach.
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  The former is a proven volume seller and the latter as a bold
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  statement and an experiment that will redefined electric vehicles
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  for the future Now if you want my take on this, you can go to
• 8:28
  discord. We have a discord you can check
• 8:30
  it out in a link in the show notes, but I'm going to give you
• 8:32
  a little taste here let's talk about this in the discord
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  because we can have a bigger conversation about this.
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  I am a big fan of the model Yi almost pulled the trigger out of
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  model Y just about six months ago and I held off I don't know
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  why, but I held off on it. I currently, yeah, I'm looking
• 8:52
  into the Juniper. I'm waiting for the Juniper to
• 8:54
  come through and I've seen all the improvements to the Model Y
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  and I will pick up a Juniper when they launch.
• 9:02
  It's going to be a great car for a family.
• 9:05
  I have a family now and the the cyber truck, which we talked
• 9:09
  about in this episode, not so great for me.
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  It's a big car. I have a small child, you know,
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  large vehicle, very impractical for that, but it's a statement.
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  It's a fashion piece, if you will.
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  You show up at any place with that truck and people are going
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  to look at you. And I'm OK with that.
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  But the Model Y seems to fit my style a little bit more.
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  I like a coupe and I like a sedan.
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  And the Model Y is a is a great vehicle for the price.
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  If you get an older model vehicle, Model Y, that's a great
• 9:40
  deal there right now. So check out Tesla's website for
• 9:44
  any deals you can get. Just keep checking back
• 9:47
  everyday. They might post something new.
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  And I know when I was looking for mine, there were deals going
• 9:51
  on where I could have gotten probably, I was, I think it's
• 9:55
  about 2500 to 3000 off when I was going to buy mine and I just
• 10:01
  didn't pull the trigger. I, I, there's something going on
• 10:03
  and I've heard about the Juniper.
• 10:05
  I heard they were going to refresh the Model Y.
• 10:07
  So I just had to, I waited a few months And then by that time I
• 10:10
  was also going to pull the trigger and I stopped and I
• 10:14
  stopped myself. And I was like, there's got
• 10:15
  something new is going to happen.
• 10:17
  The refresh is going to happen. So I got to wait.
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  I thought, I thought it was either going to be that or like
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  the $25,000 Tesla that we've all been hearing about.
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  So I just held, I hold, hold, hold.
• 10:29
  And then now the Juniper is coming out, so that will be my
• 10:32
  next vehicle. That's my plan.
• 10:34
  So if you want more information, go to the Discord link in the
• 10:38
  description or show notes. Also, thank you so much for all
• 10:42
  the continued support. Hey, thank you so much for
• 10:50
  listening today. I really do appreciate your
• 10:53
  support. If you could take a second and
• 10:54
  hit the subscribe or the follow button on whatever podcast
• 10:57
  platform that you're listening on right now, I greatly
• 11:00
  appreciate it. It helps out the show
• 11:02
  tremendously and you'll never miss an episode.
• 11:05
  And each episode is about 10 minutes or less to get you
• 11:08
  caught up quickly. And please, if you want to
• 11:11
  support the show even more, go to patreon.com/stagezero and
• 11:17
  please take care of yourselves and each other and I'll see you
• 11:19
  tomorrow.