Tesla has opened orders for a more affordable version of its updated Model Y Long Range AWD in the United States and Canada, pricing it at $49,000 before incentives, significantly undercutting the previous Launch Edition model.
When Tesla introduced the refreshed Model Y in January, only the fully loaded Launch Edition was available, starting at $60,000. That version bundled all premium options, including the $8,000 Full Self-Driving (FSD) package, which is typically optional for most buyers.
See also: Tesla Slashes Model Y Prices as U.S. Launch of Juniper Refresh Nears

The new non-Launch Edition drops these bundled features, making the vehicle more accessible to a broader range of consumers. Tesla’s website now lists estimated delivery times of one to three weeks for the vehicle in both the U.S. and Canada, where the price is listed at C$70,000 — roughly equivalent to the U.S. pricing.
Tesla has also introduced a new exterior color, Diamond Black, which is now available across both the Model Y and Model 3 lineups. According to Tesla’s configurator, the new color and all variants of the Model Y and Model 3 are available for delivery within the same 1–3 week timeframe.
See also: BYD Poised to Overtake Tesla in Global BEV Sales in 2025, Counterpoint Says

The rollout follows reports last week that Tesla had begun production of the non-Launch Edition variant but had delayed opening orders, possibly to clear remaining inventory of the higher-priced version.