It’s been a few years since the American electric car brand You are here announcement about price reduction on their flagship models. Aggressive pricing policy, which is often feared by European manufacturers who are fighting for competition.

Increase in several European countries

Are those days of falling prices over? That is the whole question that is asked here. It must be said that after the announcement that Tesla just made, we have the right to ask ourselves questions. It was in the account of the Tesla X, destined for Europe and the Middle East, that the brand announced that Model Y will suffer from rising prices.
Therefore, growth is expected in several European countries Friday, March 22. At this time, there is no list of countries where this increase will apply. As for the number of the latter, it should be about 2000 euros. Regarding the Tesla Model Y currently on sale 42,990 eurosthe base price of the American electric SUV should now revolve around 44,990 euros in France!
In the United States, too, the price is on Model Y Propulsion AND Great autonomy experienced growth. The last one was $1,000 on March 1 and there will be more $1,000 on April 1. Rest assured, Model Y Propulsion still meets the requirements environmental bonus of 4,000 euros In France.

Less competitive!

It is possible that this price increase has big consequences about Model Y sales in Europe. We will remind you that in France Tesla Model Y has become more expensive seventh place best selling cars in 2023 with all engines combined. The success of the American electric SUV is largely due to its price.
However, with this increase, the Y model is much less competitive on the electric car market. For example, he puts himself at the level of the most recent Peugeot e-3008 which is sold at the same price 44,990 euros without bonus. On the side Renault, the comparison hurts Tesla even more with a Renault Scénic E-Tech (2024 car) sold from 39,990 euros without bonus. And the two models we just cited clearly have arguments to argue against the Tesla Model Y on battery, range, and even design. Also pay attention to Chinese models. BYD has just announced pricing for the Seal Udirect competitor Model Y. Seal U has a base price 41,890 euros for a car that is not covered by the environmental bonus.

The Tesla Model Y better watch out as competition is starting to enter its playing field. clearly in the matcheven at a price!