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Tesla Model Y joins a new Police Force, and incentives made it an affordable purchase
The Tesla Model Y has officially joined the Ipswich, Massachusetts Police Department, and its price tag wasn’t all that bad considering the multiple incentives that were applied by local groups.
Teslas have become some of the newest additions to several police departments across the United States, and in some other regions of the world as well. While the environmentally-conscious vehicles will save taxpayer dollars in the long run thanks to EV credits, gas savings, and low maintenance costs, some have voiced concerns over the cost of buying a Tesla. However, many are uninformed and misconceived, still believing electric vehicles are six-figure vehicles reserved for the rich and wealthy.
In January, the Hastings on Hudson, New York Police Department welcomed a Model Y police cruiser into their fleet, only to receive several points of criticism from the purchase. Some commentors called for a defunding of the police deparment, while others said that local schools were suffering while police departments were buying “expensive” electric cars.
While the Tesla Model Y isn’t the automaker’s least expensive car, it is far from the most expensive. The Long Range All Wheel Drive variant of the all-electric crossover costs $49,990. However, several local incentives from various groups reduced the cost that would be paid with taxpayer dollars to about $39,000, a statement from Ipswich PD officials said.
A $10,000 grant from the Ipswich Electric Light Department and a $4,290 grant from the Green Community Porgram offset costs by nearly $15,000, bringing the cost down considerably at the point of purchase. Additional savings will be calculated over the life of the vehicle, as gas fill-ups, oil changes, and other points of maintenance that are present with combustion engine vehicles are inferior with the Model Y.
“The grants reduce the cost to taxpayers to about $39,000, which is comparable to gas-powered options and slightly less than the amount budgeted by the town,” the statement said.
Additionally, Ipswich PD said it will save up to $13,o00 in fuel and maintenance costs over a ten-year period.
The Model Y is not the first electric car that is involved in the Ipswich local government. It is the sixth, joining three Chevy Bolts, and a Toyota RAV4 Plug-in Hybrid, all reserved for specific individuals in the town’s local government.
Credit: Town of Ipswich
Ipswich Officials have taken other steps to reduce community fossil fuel usage in recent years. Here are a few examples according to the Ipswich Local News.
• The ELD has replaced five late-model vehicles with electric vehicles: an electric Hyster forklift for the department garage; Chevrolet Bolts for use by the department engineer, town conservation agent, and town building and health departments; and a Toyota RAV4 plug-in hybrid vehicle for the ELD manager. ELD estimates the electric vehicles have reduced operating and maintenance costs by several thousand dollars and cut gasoline usage by about 1,000 gallons.
• The town has installed electric vehicle charging stations at the parking lots on Elm Street and Hammatt Street, the town hall, and the utilities department. More charging stations are planned as funding opportunities become available.
• In February 2020, the state certified the town as a “Green Community” with the goal of reducing municipal energy use by 20 percent within five years.
• The select board and the school committee recently adopted a resolution developed by the town’s climate resiliency committee, which commits to eliminating municipal use of fossil fuels by 2040.
Tesla has scheduled its Earnings Call for Q4 and Full Year 2025 for next Wednesday, January 28, at 5:30 p.m. EST, and investors are already preparing to get some answers from executives regarding a wide variety of topics.
The company accepts several questions from retail investors through the platform Say, which then allows shareholders to vote on the best questions.
Tesla does not answer anything regarding future product releases, but they are willing to shed light on current timelines, progress of certain projects, and other plans.
There are five questions that range over a variety of topics, including SpaceX, Full Self-Driving, Robotaxi, and Optimus, which are currently in the lead to be asked and potentially answered by Elon Musk and other Tesla executives:
- You once said: Loyalty deserves loyalty. Will long-term Tesla shareholders still be prioritized if SpaceX does an IPO?
- Our Take – With a lot of speculation regarding an incoming SpaceX IPO, Tesla investors, especially long-term ones, should be able to benefit from an early opportunity to purchase shares. This has been discussed endlessly over the past year, and we must be getting close to it.
- When is FSD going to be 100% unsupervised?
- Our Take – Musk said today that this is essentially a solved problem, and it could be available in the U.S. by the end of this year.
- What is the current bottleneck to increase Robotaxi deployment & personal use unsupervised FSD? The safety/performance of the most recent models or people to monitor robots, robotaxis, in-car, or remotely? Or something else?
- Our Take – The bottleneck seems to be based on data, which Musk said Tesla needs 10 billion miles of data to achieve unsupervised FSD. Once that happens, regulatory issues will be what hold things up from moving forward.
- Regarding Optimus, could you share the current number of units deployed in Tesla factories and actively performing production tasks? What specific roles or operations are they handling, and how has their integration impacted factory efficiency or output?
- Our Take – Optimus is going to have a larger role in factories moving forward, and later this year, they will have larger responsibilities.
- Can you please tie purchased FSD to our owner accounts vs. locked to the car? This will help us enjoy it in any Tesla we drive/buy and reward us for hanging in so long, some of us since 2017.
- Our Take – This is a good one and should get us some additional information on the FSD transfer plans and Subscription-only model that Tesla will adopt soon.
Tesla will have its Earnings Call on Wednesday, January 28.
Elon Musk shared an incredible detail about Tesla Cybercab’s potential efficiency, as the company has hinted in the past that it could be one of the most affordable vehicles to operate from a per-mile basis.
ARK Invest released a report recently that shed some light on the potential incremental cost per mile of various Robotaxis that will be available on the market in the coming years.
The Cybercab, which is detailed for the year 2030, has an exceptionally low cost of operation, which is something Tesla revealed when it unveiled the vehicle a year and a half ago at the “We, Robot” event in Los Angeles.
Musk said on numerous occasions that Tesla plans to hit the $0.20 cents per mile mark with the Cybercab, describing a “clear path” to achieving that figure and emphasizing it is the “full considered” cost, which would include energy, maintenance, cleaning, depreciation, and insurance.
Probably true
— Elon Musk (@elonmusk) January 22, 2026
ARK’s report showed that the Cybercab would be roughly half the cost of the Waymo 6th Gen Robotaxi in 2030, as that would come in at around $0.40 per mile all in. Cybercab, at scale, would be at $0.20.
Credit: ARK Invest
This would be a dramatic decrease in the cost of operation for Tesla, and the savings would then be passed on to customers who choose to utilize the ride-sharing service for their own transportation needs.
The U.S. average cost of new vehicle ownership is about $0.77 per mile, according to AAA. Meanwhile, Uber and Lyft rideshares often cost between $1 and $4 per mile, while Waymo can cost between $0.60 and $1 or more per mile, according to some estimates.
Tesla’s engineering has been the true driver of these cost efficiencies, and its focus on creating a vehicle that is as cost-effective to operate as possible is truly going to pay off as the vehicle begins to scale. Tesla wants to get the Cybercab to about 5.5-6 miles per kWh, which has been discussed with prototypes.
Additionally, fewer parts due to the umboxed manufacturing process, a lower initial cost, and eliminating the need to pay humans for their labor would also contribute to a cheaper operational cost overall. While aspirational, all of the ingredients for this to be a real goal are there.
It may take some time as Tesla needs to hammer the manufacturing processes, and Musk has said there will be growing pains early. This week, he said regarding the early production efforts:
“…initial production is always very slow and follows an S-curve. The speed of production ramp is inversely proportionate to how many new parts and steps there are. For Cybercab and Optimus, almost everything is new, so the early production rate will be agonizingly slow, but eventually end up being insanely fast.”
Elon Musk
Elon Musk to attend 2026 World Economic Forum at Davos
The Tesla CEO was confirmed as a last-minute speaker for a session with BlackRock CEO Larry Fink.
Elon Musk is poised to attend the 2026 World Economic Forum in Davos. The Tesla CEO was confirmed as a last-minute speaker for a session with BlackRock CEO Larry Fink, signaling a thaw in Musk’s long-strained relationship with the event.
A late addition
Organizers of the World Economic Forum confirmed that Elon Musk was added shortly before the event to a Thursday afternoon session, where he was scheduled to speak with Fink, as noted in a Bloomberg News report. Musk’s upcoming appearance marks Musk’s first participation in the forum, which annually draws political leaders, business executives, and global media to Davos, Switzerland.
Musk’s attendance represents a departure from his past stance toward the event. He had been invited in prior years but declined to attend, including in 2024. His upcoming appearance followed remarks from his political ally, Donald Trump, who addressed the forum earlier in the week with a wide-ranging speech.
A previously strained relationship
Musk had frequently criticized the World Economic Forum in the past, describing it as elitist and questioning its influence. In earlier posts, he characterized the gathering as “boring” and accused it of functioning like an unelected global authority. Those remarks contributed to a long-running distance between Musk and WEF organizers.
The forum previously said Musk had not been invited since 2015, though that position has since shifted. Organizers indicated last year that Musk was welcome amid heightened interest in his political and business activities, including his involvement in the Trump administration’s Department of Government Efficiency (DOGE). Musk later stepped away from that role.
Despite his friction with the World Economic Forum, Musk has remained central to several global events, from SpaceX’s provision of satellite internet services in geopolitically sensitive regions through Starlink to the growing use of xAI’s Grok in U.S. government applications.
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Elon Musk shares incredible detail about Tesla Cybercab efficiency
