The Tesla Model Y is also getting a major update by the end of 2024. The highlight? A battery upgrade to the latest 2170 battery cells.
This upgrade is expected to boost the Long Range Model Y’s range by 50 kilometers. That’s a significant improvement for long-distance drivers.
Here’s why this matters for resale value:
- Older battery models could see a drop of around $2700 in resale value.
- The new battery technology ensures better performance and longevity.
Additionally, Tesla is introducing a three-row, seven-seat variant of the Model Y. However, the third row is more suited for emergencies due to the vehicle’s compact size. It will mostly remain folded down, adding versatility without compromising daily usability.