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Tesla adds a long‑wheelbase Model Y L at $61,990, offering a true third row and 325‑mile range, filling the gap left by the discontinued Model X.
Tesla opened orders for the Model Y L Premium Launch Series at $61,990, delivering a six‑seat, three‑row electric SUV that replaces the soon‑to‑be‑discontinued Model X and lets Tesla stay competitive in the full‑size EV SUV market [1].
| At a glance | |
|---|---|
| Price | $61,990 (Launch Series) |
| Seats | Six (2+2+2) |
| Length | 195.9 in (≈7.6 in longer than standard Y) |
| Range (EPA estimate) | 325 mi |
The Model Y L stretches the standard Y platform by 7.6 in overall length and adds a 5.8 in longer wheelbase, creating a dedicated third row and expanding cargo volume to 89 cu ft versus 76 cu ft in the standard model [1]. Despite the extra 212 lb weight, Tesla claims a 0‑60 mph time of 4.4 seconds, marginally quicker than the standard Y’s 4.6 seconds. Power comes from the same ~80 kWh battery and dual‑motor setup delivering 514 hp and 435 lb‑ft of torque, with an EPA‑estimated 325‑mile range—only about 2 miles less than the standard Y Premium AWD [1].
Beyond dimensions, the L introduces an electronic continuously variable suspension, 18 speakers (up from 15), an 8‑inch rear touchscreen, and a 12‑month Full Self‑Driving (Supervised) trial, all bundled into the launch price. These upgrades aim to offset the higher cost relative to the standard Y Premium AWD, which starts at $49,990 [1].
Tesla announced earlier this year that it will discontinue the three‑row Model X, leaving a gap against rivals such as Rivian’s R1S, Kia EV9, Hyundai Ioniq 9, and Cadillac Vistiq [1]. The Model Y L fills that void with a midsize footprint and three‑row capacity, avoiding the need for a new platform development. Its $61,990 price sits between Rivian’s R2 launch price of $57,990 and the larger R1S at $83,990, offering a middle ground in size and cost while preserving Tesla’s production line continuity [1].
| Model | Price | Seats | Range (EPA est.) |
|---|---|---|---|
| Tesla Model Y L | $61,990 | 6 | 325 mi |
| Rivian R2 Launch | $57,990 | 5‑6 | ~300 mi |
| Rivian R1S | $83,990 | 7 | ~300 mi |
The Model Y L’s price is modestly higher than the Rivian R2 but provides a longer wheelbase and a true third row, while still undercutting the larger R1S. However, its range is comparable, and the segment remains price‑sensitive, with ICE competition still strong [2].
The Model Y L gives Tesla a stop‑gap three‑row offering without major retooling, but its success will hinge on how quickly it can scale production and whether subsequent, more affordable trims can sustain demand against increasingly crowded EV SUV options.
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It is a financing option that locks in a pre‑determined resale price for new Model Y or Model 3 purchases in Australia, covering the final loan payment if the vehicle meets agreed mileage and condition criteria.
Tesla introduced it after price cuts caused used‑car values to drop about 25%, and as used‑car prices have since stabilized, making the resale guarantee less risky for the company.
The Model Y L is a longer version with a 5.9‑inch longer wheelbase and 7‑inch longer overall length, providing a six‑seat 2+2+2 configuration and slightly more cargo space when the third row is folded.
The Model Y L is offered as a Launch Series at $61,990 and as a Premium Launch Edition at $63,630.
The current Australian GFV program excludes rideshare drivers, though Tesla and its finance partner Driva plan to launch a separate loan product for them later in the month.