Tesla has introduced its most affordable Model Y ever in the United States.

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Tesla has launched a cost-effective version of the Model Y in the U.S., presenting a noteworthy value proposition.

The recently unveiled rear-wheel drive Model Y has made its debut on Tesla's website, supplanting the all-wheel-drive edition that was discontinued in September. It boasts an impressive 260-mile range, a top speed of 135 mph, and accelerates from 0 to 60 mph in just 6.6 seconds.

The initial price for the rear-wheel-drive Model Y stands at $43,990, marking a $3,750 reduction from the now-retired all-wheel-drive variant. Moreover, it qualifies for the $7,500 Federal EV Tax Credit, which effectively lowers the price to $36,490, rendering it the most budget-friendly Model Y available in the U.S.

As pointed out by Teslarati, this new Model Y is also accessible in Mexico and Canada.

Regrettably, this isn't the slightly modified Model Y that recently surfaced in China. The Chinese version boasts new black wheels and an interior LED strip, whereas the newly released rear-wheel-drive Model Y in the U.S. appears identical to its earlier iterations.

Nonetheless, there may be one notable alteration beneath the surface. The new Model Y could be equipped with Tesla's innovative Lithium-Iron-Phosphate (LFP) batteries. Although these batteries have a lower energy density compared to the standard Nickel-Manganese-Cobalt (NBC) cells, they offer the advantage of enhanced durability. In practical terms, this means that owners need not be concerned about charging their vehicle to full capacity; LFP batteries can handle it without experiencing degradation.