Tesla CEO Elon Musk posted on Friday that the Standard Range rear-wheel drive Model Y the company has been building and selling “over the last several months” actually has more range than the 260 miles they were sold with. Pending “regulatory approval,” he wrote that the company will unlock another 40–60 miles of total range, depending on which battery Model Y owners have, “for $1,500 to $2,000.”

Tesla replaced the Standard Range Model Y with a 320-mile range version for $2,000 more. The car now starts at $44,990, or about $37,490 if you qualify for the $7,500 federal EV tax credit.

The “260 mile” range Model Y’s built over the past several months actually have more range that can be unlocked for $1500 to $2000 (gains 40 to 60 miles...

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