Tesla Introduces $42K Model Y AWD Amid Model S, X Phase-Out: TSLA Finance VP Calls It 'Lowest-Priced AWD' - Tesla (NASDAQ:TSLA)

Core Insights - Tesla Inc. has launched a new All-Wheel Drive variant of the Model Y in the U.S. and Puerto Rico, following the discontinuation of the Model S and X by CEO Elon Musk [1] Pricing and Specifications - The starting price for the Model Y AWD is $41,990, with an EPA-certified range of 294 miles on a single charge [2] - The Model Y lineup now includes five trim levels, with prices ranging from $39,990 for the Rear-Wheel Drive variant to $57,490 for the Performance All-Wheel Drive variant [3] Company Commentary - Tesla's VP of Finance, Sendil Palani, emphasized that the new Model Y AWD is the lowest priced AWD vehicle the company has ever sold in North America, highlighting its appeal for customers in cold-weather regions [4] Market Performance - Tesla's stock increased by 1.11% to $426.50 in pre-market trading, recovering from a drop to $421.81 at market close the previous day [5]