Tesla May 2023 Price Increase and Software Update Developments - June 2024 Summary

Key points

• •On May 15, 2023, Tesla implemented its first Model Y price increase in two years, raising prices by up to $1,000. Specifically, the Model Y Premium RWD price rose to $45,990 and the Performance AWD to $57,990, with respective increases of $1,000 and $500. This marks an end to a previous period of price reductions, signaling Tesla's adjustment to market conditions and production costs.[Tesla subreddit RSS][Electrek Tesla News]
• •Tesla released its software update version 2025.38.3 on October 10, 2025, which included numerous system improvements aimed at enhancing vehicle performance and user experience. This continued commitment to software refinement reflects Tesla's strategy of improving car functionality post-sale through over-the-air updates.[Not a Tesla App]
• •Elon Musk announced an imminent Tesla software update described as a 'sentient being' on October 10, 2025, suggesting groundbreaking advancements in Tesla's autonomous driving and AI technology. This statement hints at a major leap in the sophistication of Tesla's Full-Self Driving (FSD) capabilities, potentially transforming vehicle autonomy.[The Cool Down]
• •On April 10, 2026, Tesla disabled hacked versions of its Full Self-Driving software after discovering over 100,000 vehicles were using illegal modified versions. This move highlights Tesla's intensified efforts to safeguard its proprietary software and ensure the security and integrity of its autonomous driving technology.[Autoblog]

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