Tesla Model Y Is Officially Sold Out In The US Till April This Year

The reported sell-out comes after Tesla in January slashed the cost of the Model Y in the US, dropping from $65,990 to $52,990. Following the price cuts, Musk spoke about the high demand for Tesla vehicles in a fourth-quarter earnings call with investors.

“Thus far, in January, we’ve seen the strongest orders year-to-date than ever in our history,” Musk said. “We are currently seeing orders that are almost twice the rate of production.”

Meanwhile, new base Model 3 vehicles can still be built and delivered this month with an estimated delivery timeline of “Feb – Mar 2023.” That’s despite Tesla continuing to reduce the price of the Model 3 since the big price drop in early January.

The Tesla Model Y is the brand’s best-selling car in the US and the fourth best-selling vehicle worldwide after an astonishing 88 percent jump from 2021 to 2022. There were 759,000 Model Ys sold last year, just 28,000 units behind the third-place Ford F-150 which has been the best-selling truck for the previous 46 years.

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