Tesla on July 2 rolled out a long-wheelbase, six-seat version of its top-selling Model Y sport utility vehicle in the United States, listing the initial U.S. price at $61,990 on its website. The Model Y L features three rows of seating and is offered with an advertised driving range of 325 miles.
Rather than introducing wholly new nameplates, the automaker has been broadening the Model Y and Model 3 lineups through additional variants to stimulate buyer interest. The longer-wheelbase Model Y L was first launched in China last year and subsequently became available in other Asia-Pacific markets. In China, that longer version contributed to stronger sales in a market where competition from BYD and other domestic manufacturers is intense.
In the United States, Tesla is pitching the Model Y L as a means to bolster sales after a pullback in demand linked to the removal of a federal electric-vehicle tax credit last year. Company filings and website listings show the new six-seat configuration and the $61,990 price for the launch edition.
The introduction of this three-row Model Y coincides with Tesla posting record-setting delivery figures for the second quarter, figures that exceeded Wall Street expectations and were led by a rebound in Europe. Those delivery results have fed investor hopes that Tesla could end a two-year streak of declining annual deliveries as soon as 2026.
Summary
Tesla has released the Model Y L - a six-seat, long-wheelbase version of the Model Y - in the U.S. at a launch price of $61,990. The variant, which offers 325 miles of range, was previously introduced in China and other Asia-Pacific markets and is being used to stimulate U.S. demand following the removal of a federal tax credit. The launch follows Tesla's record second-quarter deliveries, driven by a European rebound and raising hopes for a recovery in annual deliveries by 2026.
Key sectors affected
- Automotive - product lineup and sales strategies
- Electric vehicles - consumer demand and competitive dynamics
- Capital markets - investor expectations tied to delivery results