To date, Tesla has had few real competitors for any of its all-electric offerings, including the Model Y crossover. Now, the 2021 Ford Mustang Mach-E has launched, and it’s the first serious threat to the Model Y. The numbers between these two models match up fairly evenly, for the most part. While the Mach-E starts as low as $42,895, the cheapest Model Y – the Long Range – used to be $45,690. However, Tesla has now launched the Model Y Standard Range, which carries an MSRP of $41,990.
The Mach-E still has one ace up its sleeve, however – it’s eligible for a federal tax credit of $7,500, which effectively lowers its cost to $35,395. However, the Model Y Standard Range offers 244 miles of range and a 5.3-second 0-60 time, while the base Mach-E Select is rated to travel 230 miles and go 0-60 in 5.8 seconds. Both vehicles come equipped with rear-wheel-drive, with all-wheel-drive available as an option.
When the Model Y was revealed back in the spring of 2019, the Standard Range model was slated to arrive in the spring of 2021. However, in July of last year, Tesla CEO Elon Musk stated that the automaker would not move forward with the production of that model, because he said its projected range of 230 miles was “unacceptably low.”
In addition to the new Model Y Standard Range model, Tesla has also allowed buyers to begin selecting the three-row, seven-seat option for the Model Y for an extra cost of $3,000. This option was also originally announced at the Y’s reveal but has been delayed several times to date. Currently, the Mach-E is not offered with a third-row seat.
Now that the Tesla Model Y has a bit of real competition, we expect to see more features offered on both of these vehicles, and likely further price reductions down the road – especially as battery technology improves. Tesla has already announced that it is working on new, 4680 batteries that it says will improve range by 16 percent, so the future is indeed looking bright for these two EVs.
We’ll have more on this and all of Ford and Lincoln’s competition soon, so be sure and subscribe to Ford Authority for more Mustang Mach-E news and non-stop Ford news coverage.
Comments
So why are they rolling out all of these new products when they can’t get parts for their existing vehicles ?
Tesla can feel the heat competition is great, I’d buy the Mustang Mach E on looks alone. Tesla’s are dated new design needs to roll out ASAP
7 seats in a telsa model Y its going to be a tight squeeze!.I will take the Mustang mach E any day over a telsa.
It’s literally a model 3 front with a rear that was stretched on photoshop. If Tesla keeps up their cheapness and lack of quality they’re done for. Eventually Ford and other brands are going to catch up with their super charging network and Tesla won’t have that advantage anymore. I don’t care that the model y has a unusable third row or 20 more miles of range. The Ford is clearly superior and with the new over the air updates it can get even better. Tesla has almost perfected their software where as the sync 4 system it has some clear bugs and it’s not that old and they can fix those bugs now easily instead of the owners going all the way to the dealer to fix them. One of my favorite things about Tesla’s though is that you can watch Netflix on them while you wait for them to charge. I’d really love to see at least some sort of popular streaming app on the Sync4 system. They have a big enough screen for it. And of corse keep in mind that Tesla’s only has that big of a value because of their stocks. If it wasn’t for their stocks they would be worth squat.