How Much Does A Tesla Cost?
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As one of the first companies to make electric cars desirable status symbols among the well-heeled, Tesla deserves a lot of credit for the surge in EV popularity in the last several years. And even against fresh competition, the automaker probably won’t have too much trouble finding homes for its lineup.
That’s because most Tesla models saw slight price cuts for the 2023 model year, including the Model 3 sedan, Model Y crossover, and Model S flagship. In fact, the only current Tesla model not to enjoy a lower price is the base, dual-motor Model X – even its high-performance, tri-motor Plaid variant is a bit cheaper this year than it was in 2022. Some Model 3 and Model Y buyers will even enjoy a $7,500 tax credit, making those models even more attractive to folks who qualify for the rebate.
Notably, the Tesla Cybertruck and Roadster have disappeared from the company website’s configurator, along with their prices. The automaker is taking refundable deposits for both – $100 for the Cybertruck, but a staggering $5,000 for the Roadster, with a $45,000 wire transfer to follow within 10 days. Tesla insists that the all-electric pickup will start production at its Gigafactory by the end of 2023.
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How Much Is A Tesla Model 3?
The Tesla Model 3 was last year’s second-bestselling EV, eclipsed only by its SUV sibling, the Model Y. But the sedan is still Tesla’s most affordable car, starting at $42,990 in base trim (two grand less than last year) or $58,990 for the Performance model (five grand less). For now, only the single-motor base Model 3 and the sporty Performance trim are available to order. The 2023 Model 3 Long Range will be available later this year.
Purchase Price Fully Loaded Range Model 3 RWD
$42,990
$62,490 272 Miles Model 3 Long Range (Dual Motor)
N/A
N/A
N/A
Model 3 Performance
$53,990
$71,990
315 Miles
Unfortunately, the price of Full Self Driving has gone up $3,000 for 2023, so if you want features like low-speed City Steer sometime in the future, you’ll have to pony up $15,000. Enhanced Autopilot is a $6,000 option, if FSD isn’t a priority. Beyond that, the only real options are cosmetic. Most paint colors are cost options – the most expensive being the brilliant Red Multi-Coat. And black and white interior upholstery demands $1,000. And if you want your base rear-wheel-drive Model 3 to look a bit sportier, 19-inch wheels are a $1,500 option.
Keep prices below $55,000 and the Model 3 qualifies for an EV tax credit, but if you just can’t help yourself, a loaded Model 3 RWD is $62,490, or $5,100 more than last year. The Performance rises to $71,990 fully loaded, or $3,200 less than last year. Go figure.
How Much Is A Tesla Model Y?
Tesla doesn’t split up its sales reports by region, but most estimates place the Model Y crossover just ahead of the cheaper Model 3 – to the surprise of no one, crossovers remain popular. The least expensive version is the Long Range variant, which gets dual-motor all-wheel drive and a starting price of $54,990, down $4,000 from last year. Those who want to go fast should consider the $58,990 Performance model, which is $5,000 cheaper than it was for 2022.
Purchase Price Fully Loaded Range Long Range (Dual Motor)
$54,990
$79,990
330 Miles
Performance
$58,990
$77,990
303 Miles
As on the Model 3, fancy paint adds between $1,000 and $2,000 to the price, and the base trim offers 20-inch wheels for an extra $2,000. Pay $1,000 for a tow hitch to match the Model Y’s 3,500-pound towing limit and another $1,000 to ditch the all-black vegan interior for a black-and-white motif. If you want a small third row in back, that’ll be $4,000 please, while Enhanced Autopilot costs the same $6,000 it does on the Model 3. Ditto the $15,000 Full Self Driving feature, which replaces Autopilot.
When all is said and done, a loaded Model Y Long Range costs $79,990 (down $200 from last year). If you want to go fast while hauling a small trailer, your Red Multi-Coat, FSD-equipped Performance model will cost $77,990 – less than the slower Long Range model but without the option of a third-row seat.
How Much Is A Tesla Model S?
Say what you will about Tesla (or the behavior of its CEO), the Model S is probably the most significant electric vehicle in history. Since its debut in 2012, the fast, sleek, and stylish liftback is one of the most desirable vehicles among the well-heeled. That won’t change any time soon – the entry-level Model S holds steady on pricing for 2023 at $94,990, while the lightning-fast Model S Plaid is a whopping $15,000 cheaper than before at $114,990.
Purchase Price Most Expensive Range Model S $94,990 $118,990 405 Miles Model S Plaid $114,990 $138,990 396 Miles
The fancy red paint that costs two large on lesser Teslas is $2,500 here, and the spiderweb-style Arachnid 21-inch wheels are $4,500. White or Cream upholstery is a $2,000 option, and the buyer can select either a traditional steering wheel or the controversial “yoke” for no cost. Enhanced Autopilot shows up on the option list for $6,000, and FSD is $15,000. Add it all up and you’re left with a $118,990 base model or a $138,990 Plaid.
How Much Is A Tesla Model X?
The only Tesla to see a price increase for 2023 is the dual-motor Model X, which starts at $109,990, up five grand compared to last year. But the price cuts return with the hilariously fast Model X Plaid, which is $6,500 cheaper than before at $119,990.
Purchase Price Fully Loaded Range Model X
$109,990
$134,660
351 Miles
Model X Plaid
$119,990
$149,690
333 Miles
Fancy paint costs up to $2,500, while optional 22-inch wheels replace 20s for $5,500. As on the Model S, swapping out the black interior for black and white or cream vegan upholstery is a $2,000 upcharge. Seven-passenger seating is $3,500, but if you’d rather have second-row bucket seats (and a total seating capacity of 6), be prepared to part with $6,500. Enhanced Autopilot and Full Self Driving are the same price as on other Teslas.
Thus, with every feature added, the base Model X comes to a heady $141,490, about seven grand more than last year. The Plaid, which only comes with six-passenger seating, is only a bit more expensive, at $144,990. The performance model is also $6,800 cheaper than it was last year – if any six-figure car could be considered a bargain, the Tesla Model X Plaid is it.
How Much Is A Tesla Cybertruck?
The Tesla Cybertruck is almost here, if you believe the company’s latest production estimates. Slated to arrive before the end of the year, the Cybertruck is available for a $100 refundable reservation, and Tesla will even charge your credit card on its website for maximum convenience. Once the controversially styled truck arrives, however, we’re not sure what it’ll cost, as Tesla has removed it from the online configurator – the price estimates in the table below are from the last time we checked.
Purchase Price Range Dual Motor AWD
$49,990 (est)
300 Miles
Tri-Motor AWD
$69,990 (est)
500 Miles
Quad-Motor AWD
N/A
N/A
Previously, the company has announced that the Cybertruck would be available in dual-motor, tri-motor, and quad-motor configurations, giving every version all-wheel drive. Tesla claims the truck will have a 14,000-pound towing capacity thanks to instantaneous EV torque.
How Much Is A Tesla Semi?
If you’re in the mood to go long-haul trucking, Tesla would love for you to consider its limited-production Semi. Offered in 300- and 500-mile ranges, the Tesla Semi can recover 70 percent of its battery charge in 30 minutes thanks to a 1,000-volt electrical system.
Purchase Price Fully Loaded Range 300-Mile Range
$150,000
NA 300 Miles (est.) 500-Mile Range
$180,000
NA
500 Miles (est.)
Founder’s Series
$200,000
NA
500 Miles (est.)
Details on the Semi are sparse, as ordering information has been removed from the company’s website. Thus, our price estimates are based on older information that may no longer be accurate. The automaker was taking orders as of last year, but even that information is no longer on the site. Still, some fleets have been testing the Semi, so it’s possible it will enter production sooner than later.
How Much Is A Tesla Roadster?
An all-new version of Tesla’s first production model, the Roadster, is in the works, though production has reportedly been delayed to 2023 or beyond. It promises (literal) rocket-like performance with a claimed 1.9-second 0-60 time.
Purchase Price Fully Loaded Range Roadster
$200,000
NA
620 Miles (est.)
Founder’s Series Roadster
$250,000
NA
620 Miles (est.)
Specifics, including price, are not yet available, though. Prospective owners can pony up a refundable $50,000 reservation to be among the first to own one.
What About Tesla Full Self-Driving Driver-Assist Tech?
Tesla’s Autopilot driver-assist technology is already one of the most advanced systems on the market, able to maintain speed, lane position, and more over long stretches of highway. The company’s basic Summon feature works to move the car in and out of your garage without you in it – though it does require an upgrade to Enhanced Autopilot for $6,000.
But what about the company’s Full Self-Driving option? A $15,000 upgrade at the time of vehicle purchase, Full Self-Driving includes Navigate on Autopilot, City Steering, Auto Lane Change, Parking Assist, and Advanced Summon features, as well as access to future software updates. However, some take issue with the name “Full Self-Driving,” as it might mislead owners into thinking their car is in total control of the vehicle.
Tesla FAQs
The cheapest Tesla available today is the $42,990 Model 3 sedan, which has rear-wheel drive and a range of 272 miles.
The Tesla Model X Plaid is currently the most expensive vehicle from the company, with a starting price of $119,990 and a fully loaded price of $142,990.
The Tesla Roadster will almost certainly be more expensive than that if it goes on sale in the next few years. Early estimates suggested it’d be a $200,000 proposition, unsurprising given its $50,000 reservation cost.
According to the US Energy Information Administration, the national average for the cost of electricity in 2020 was 12.8 cents per kilowatt-hour. But that number varies wildly from state to state and even time of day. At that average, a full charge for the 60-kWh battery in the base Model 3 would cost about $7.68, a number that would be quite a bit higher at a public charging station or during peak electricity hours.
Tesla maintenance costs are relatively low. Total five-year cost is approximately $1,490, including things like tire rotation, A/C replacement, and full service with brake flush over that period of time. Dividing the total cost by five indicates that people might spend about $298 per year on average to maintain their Teslas. These costs can also be different by model – a Tesla Model 3 maintenance plan cost might be less than a Model S, for example.
More About Tesla
Though Tesla wasn’t the first automaker to build an electric car, it did something no other company could achieve – it made them cool. Fronted by controversial founder and CEO Elon Musk, the company burst onto the scene with its first electric car, the Roadster, for the 2008 model year. Essentially an electrified version of the Lotus Elise, it delivered uncanny performance to go along with its low-slung exotic-car styling, and what then seemed like an improbable 220-mile range on a charge.
Though that was a niche model, Tesla’s next electric car, the Model S, quickly became a status symbol among upscale suburbanites for its emissions-free performance and decidedly high tech-nature. The company followed up with the Model X sport-utility vehicle and the reasonably affordable – not to mention highly successful – Model 3 compact sedan. Its latest EV, the Model Y crossover sport-utility vehicle, was introduced in early 2020. Coming models include a reborn version of the Roadster and the wildly styled Cybertruck electric pickup.
The company also maintains a proprietary high-speed charging network to serve its owner body, with 30,000+ superchargers across the globe.
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