The new Model Y Long Range AWD Launch Series edition comes at a price. But the current Y is still available and cheaper than ever.

Tesla stock rose early Friday, as the electric vehicle maker tries to avoid a fourth consecutive decline. A new version of its Model Y in the U.S. might help.Investors got some pricing news about the company’s updated Model Y.

Tesla started cutting prices in the U.S. at the onset of 2023 and in China in the latter half of 2022 in a bid to undercut rivals and increase sales. However, the company has since also hiked prices and launched newer variants with higher price points.