Tesla Bumps Up Lease Prices as Federal EV Incentives Expire
Texas-based electric vehicle giant Tesla has raised lease prices across its U.S. lineup this week after federal EV tax credits expired, passing lost subsidies directly to customers. The Model Y now carries monthly lease costs of $529 to $599, up $50 to $70 from prior $479-$529 rates, while purchase prices remain unchanged. Through the Big Beautiful Bill, Congress eliminated federal tax incentives worth $7,500 for new electric vehicle purchases and leases, plus an additional $4,000 for used EVs soon after President Donald Trump assumed office. Tesla and competing automakers had been incorporating these subsidies into lease structures to reduce monthly…

