The refreshed go-fast Model Y went on sale in the United States just hours before the $7,500 tax credit ended.

The hottest Tesla Model Y is efficient, practical and rapid but that pace is probably unnecessary for most buyers, especially at this price

Known as the Model 3 and Y Standard trims, at $38,630 to start, the Model 3 Standard is now the least expensive Tesla you can buy ($5,500 less than the next cheapest model), while at $41,630, the Model Y Standard is $5,000 less than the next-step up Model Y. What was sacrificed to get to those bargain basement prices?

Today, Tesla announced a new variant of the Model Y crossover for North America. Tesla fans have long-awaited a cheaper entry-level model; this was supposed to be the $25,000 Model 2. But the development of that electric vehicle was shelved earlier last year as CEO Elon Musk began to lose interest with car-making in favor of humanoid robots.

Tesla’s Model Y Performance is now live on the configurator, priced at $57,490. The all-wheel drive hero model has a 308-mile range and a 155 mph top speed. Company has also increased lease prices following govt’s axing of EV tax credits.