Should I Buy A Tesla Now or Wait?

Deciding on the perfect moment to buy your new Tesla model can be difficult!

Aside from the wait for electric vehicles like the Tesla Cybertruck or the new Tesla Roadster, it is also complicated to figure out the best time to buy a Model Y or new Model S Plaid!

There are lots of factors to take into account when deciding when is the best time to buy a new Tesla. So, in this article, I want to break it all down and help you make the right decision.

The Upcoming US EV Tax Credit?

The Biden administration has been promising a new EV Tax Credit for most of 2021, and by the end of the year we found out it was not happening. For now!

Who knows whether it will happen at all. The whole Build Back Better bill needs to be revised to appease Senator Manchin. If you can afford to wait for a while, then see what happens. But if you need a car in the next 3-6 months, then time might not be on your side.

And Tesla is also starting to push people who are delaying delivery to take delivery asap. Tesla has more customers than cars they can build, so they are no longer in the mood to wait to deliver them.

Related: Tesla Home Delivery Options

The Perfect Time To Purchase A Tesla

There is no perfect time to buy a Tesla because they are always improving them.

Unlike other manufacturers, Tesla does not abide by standard “model years” and only releases changes to a vehicle then. Instead, they use what is called “Agile methodologies” in their design, engineering, and production, which means changes roll out all the time.

Sure, major changes like with the Tesla Model S Plaid take years to come out, but in general, with the Model Y and Model 3, the vehicles are undergoing constant changes.

There are some changes though, that are worth waiting for before buying your car.

Price Rises

Tesla is currently (early 2022) raising prices to keep up with supply price rises in things like parts, shipping and battery materials. So, for that reason alone, you should lock in the current price of any Tesla you can get.

Keep in mind the waiting time for most Teslas is now anywhere from 4.5-6 months, depending on the model and where you live.

Full Self Driving Price Changes

As Tesla continues to improve its Full Self Driving system they also increase the price of the package.

It used to be $8000 when FSD was first being tested. Then it was quickly raised to $10,000. It has just recently, at the beginning of 2022, been raised to $12,000.

There is also the option of taking the subscription package, but that too will likely increase when FSD improves to a good enough level. (And it is constantly improving every month via OTA – Over The Air updates).

This leads to the conclusion: the longer you wait to buy a Tesla, the more expensive FSD becomes. So, if that is something you see yourself buying, then don’t wait too long.

AMD Ryzen Chip – For The Tesla Model 3 and Model Y

Tesla is constantly improving their cars and the entertainment system and overall screen usability is a huge part of that. After all, the whole car is controlled on the screen, bar a few functions. And the car has become known as an iPhone on wheels.

Tesla updated vehicles from the so-called MCU 1 to MCU 2 a few years ago and even allowed people to retrospectively upgrade to MCU 2 for better screen performance.

Tesla first added the new AMD Ryzen chip to the new Model S, which also has a screen in the rear. So, people were waiting to see if it made its way into the Model 3 and Y.

And, it has started being added since early 2022 in North America. And even earlier (November 2021) in China Model Ys.

As with all things Tesla, it is not clear when it will come to other regions, especially for the Model 3.

And, it is possible that the new Model Y builds coming out of both Texas and Berlin will have them too. That excludes Model 3s for now too. At least in Europe.

New 4680 Batteries & Structural Packs

Tesla 4680 Cells
Tesla 4680 Cells

Another big thing people are waiting for is the new battery technology (4680 batteries) from Tesla, along with the structural packs. This also includes the front and rear single-piece castings that Tesla has designed using the Giga Press.

There is currently no information on what these big changes will mean for the end-user – ie. you and I. However, it is assumed that it could

  • Reduce the overall cost of battery packs
  • Decrease the pack weight (more range)
  • Improve other aspects of the pack (stiffness for example)
  • Improve thermal efficiency (safer, cheaper)

Or, some people might just want to get it because it is the latest and greatest from Tesla. No harm in that!

The current status of the 4680 cells in Model Ys is:

  • Any Tesla Model Y produced in Giga Texas/Austin will have all of the above
  • Model Ys produced in Giga Berlin will have the castings and a version of the pack but with the older 2170 cells for the time being. They are still working on the battery production line, and there is no definite time on when it will be ready
  • Shanghai and Freemont have the rear casting, but no the full set up

New Model Y Paint Colors In Berlin

If you live in Europe, you might want to wait for the opening of Giga Berlin to get the new Model Y Paint colors.

Tesla has installed what they claim is the most advanced paint shop in the world in Giga Berlin. It uses multicoat paint, and so far we are aware of three new colors that are coming out in Berlin:

  • Deep Crimson
  • Abyss Blue
  • Mercury Silver

Upcoming Model 3 & Model Y Changes

You can never be 100% sure, but recent owner’s manual updates suggest that the Model 3 and Model Y will be getting a range of updates in the not-too-distant future. These include:

  • Ventilated Seats
  • Heated windshield wipers

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