Tesla Model Y Inventory in the U.S. Shrinks as Tax Credit Nears Expiration

Tesla is facing dwindling Model Y inventory across the United States as the September 30 deadline for the federal $7,500 electric vehicle (EV) tax credit approaches. With demand surging ahead of the cutoff, many regions are now showing little to no availability of new Model Y units.

Limited Supply in Major Markets

According to reports shared on social media, Tesla has no new Model Y vehicles within a 200-mile radius of Austin, Texas. In the iconic Beverly Hills zip code of 90210, Tesla’s official website lists just two units available, highlighting how quickly supply has tightened.

Tesla is also highlighting the lack of inventory on their website with a banner that reads, “Limited Inventory – Take Delivery Now.”

The scarcity comes as prospective buyers rush to secure deliveries before the end of September, when the federal EV credit is set to expire under the Trump administration’s latest policy deadline. The credit has been a critical purchase incentive, shaving thousands off the upfront cost of Tesla’s best-selling SUV.

Incentives to Move Vehicles

To help offset softening demand and clear out existing stock, Tesla has begun rolling out aggressive lease promotions. In the U.S., the company is now offering $0 down leases on pre-owned Model 3 and Model Y vehicles. The move provides a more affordable entry point for drivers who may be hesitant about buying new but still want access to Tesla’s technology and performance.

What It Means for Buyers

For U.S. consumers, the next month will be pivotal. With Model Y inventory drying up in major markets and the $7,500 EV credit set to expire, shoppers who have been on the fence may find themselves with fewer choices and tighter timelines.

Securing a Model Y before the end of September could mean the difference between driving away with thousands in savings or facing higher effective prices once incentives are gone. For Tesla, how well it manages this final push before the credit deadline may set the tone for its Q4 performance.

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