Are you thinking about buying a Tesla but don’t know the prices? Tesla leads the electric vehicle market with a 49% share. This makes many people curious about the cost of these cars. In this guide, we’ll explore Tesla’s model range and starting prices. This will help you understand what to expect when buying a Tesla.
Key Takeaways
- Tesla’s car prices range from $38,990 to $116,630, depending on the model and customization options.
- The cheapest Tesla is the base Model 3 Rear-Wheel Drive, starting at $38,990.
- The most expensive Tesla is the Model X with premium customizations, costing over $113,000.
- Many Tesla models are eligible for the $7,500 federal tax credit for electric vehicles.
- Tesla’s newest offer, the Cybertruck, ranges in price from $60,990 to $99,990.
Understanding Tesla’s Current Price Range
Tesla leads in electric vehicles, with models for all budgets. In 2024, prices range from $38,990 to $116,630. This depends on the model and customizations.
Price Overview for 2024 Models
The Tesla Model 3 starts at $38,990, making it the most affordable. The Model X Plaid tops out at $116,630 with upgrades. The Model Y, a popular SUV, starts at $44,490, making it more accessible.
Market Position and EV Competition
Tesla has a strong 49% market share in electric vehicles. It faces competition from Ford and General Motors. Yet, Tesla’s tech and brand keep it popular with eco-friendly buyers.
Tesla’s Market Share in the EV Segment
- Tesla is nearly half of all electric vehicle sales in the U.S.
- Its wide range of tesla ev prices and features make it a top choice.
- Even as more automakers enter the EV market, Tesla remains a favorite for many tesla electric car msrp shoppers.
| Model | Base Price | Fully Loaded Price |
|---|---|---|
| Tesla Model 3 | $38,990 | $57,990 |
| Tesla Model Y | $44,490 | $54,130 |
| Tesla Model S | $72,990 | $92,990 |
| Tesla Model X | $77,990 | $116,630 |
“Tesla’s electric vehicles have become a symbol of the future of transportation, with their innovative technology and sleek designs captivating drivers and enthusiasts alike.”
Tesla Model 3: Entry-Level Luxury and Pricing
The Tesla Model 3 is a game-changer in electric cars. It offers great performance, tech, and value. The base Model 3 starts at $40,630 and goes up to 272 miles on a single charge. It also accelerates from 0-60 mph in just 5.8 seconds.
The Long Range Model 3 is priced at $47,490 and has a range of 341 miles. It also comes with all-wheel drive. The Performance model, at $54,990, is the fastest, reaching 0-60 mph in 2.9 seconds.
All Model 3s qualify for a $7,500 federal tax credit. This makes the tesla sedan prices even more appealing. The Model 3 stands out for its performance, tech, and design. It’s a top choice in the tesla model 3 cost category, providing an unmatched driving experience.
| Model | Base Price (incl. fees) | Range (miles) | Drivetrain | 0-60 mph (seconds) |
|---|---|---|---|---|
| Tesla Model 3 | $40,630 | 272 | RWD | 5.8 |
| Tesla Model 3 Long Range | $47,490 | 341 | AWD | 4.2 |
| Tesla Model 3 Performance | $54,990 | 315 | AWD | 2.9 |
“The Tesla Model 3 is the entry point into the world of Tesla, and it delivers an unparalleled driving experience that redefines what it means to be an affordable electric vehicle.”
Model Y: Tesla’s Most Popular SUV Costs
The Tesla Model Y is now Tesla’s top SUV. It’s known for its great performance, roomy interior, and good price. It’s a hit with SUV buyers in the U.S. Let’s look at the different prices and options for this popular electric crossover.
Base Price and Trim Levels
The 2024 Tesla Model Y starts at $44,990 for the basic Rear-Wheel Drive (RWD) model. This model goes 320 miles and speeds up to 60 mph in 5.5 seconds. The Long Range AWD version costs $47,990, with 308 miles of range and a 0-60 mph time of 4.8 seconds.
Performance Variant Pricing
The Model Y also has a high-performance version, the Performance trim, starting at $51,490. It has 279 miles of range and goes from 0 to 60 mph in 3.5 seconds. This makes it a fun choice for those who love fast cars.
Available Options and Upgrades
| Upgrade | Cost |
|---|---|
| Premium Paint Colors | $1,000 – $2,000 |
| Wheel Upgrades | $1,500 – $2,500 |
| Full Self-Driving Capability | $10,000 |
The Model Y also has many options and upgrades to make your car unique. You can choose from premium paint colors, different wheels, and Full Self-Driving capability. These extras can cost between $1,000 and $10,000.
No matter your choice, the 2024 Tesla Model Y is eligible for a $7,500 federal tax credit. This makes it a great deal for those who care about the environment and want a good SUV.
Premium Tesla Models: Model S and Model X
If you’re looking for a Tesla, the Model S and Model X are top choices. They offer advanced tech, fast performance, and luxury interiors. These features are perfect for drivers who want the best.
The Tesla Model S starts at $76,630 for the AWD version. It has a range of 402 miles and 670 horsepower. The Plaid version costs $91,630 and has 1,020 horsepower. It goes from 0-60 mph in just 1.99 seconds.
The Tesla Model X SUV starts at $81,630 with a 335-mile range. The Plaid version is $96,630. It’s a mix of luxury, performance, and utility in an electric SUV.
Both the Model S and Model X have Tesla’s latest tech. They have advanced driver systems, top infotainment, and connect to Tesla’s Supercharger network. These tesla luxury car prices make them the best Tesla options.
Tesla Car Prices: Complete Comparison Guide
Tesla’s car prices vary a lot, fitting different budgets and tastes. The lineup includes the affordable Model 3, the luxury Model S and Model X, and more. Each model blends performance, tech, and luxury in its own way.
Base Model Pricing Structure
The Tesla Model 3 is the cheapest, starting at $40,630 after fees. The Tesla Model Y SUV starts at $49,630 for the Long Range AWD, with a 308-mile range.
Prices go up as you move up the Tesla range. The Model S AWD starts at under $76,630. The Model S Plaid costs $91,630. The Model X SUV starts at $81,630, and the Model X Plaid is under $100,000.
Premium Features and Costs
- The Full Self-Driving feature now costs $8,000, down from $12,000.
- Custom paint adds $1,000 to $2,000 to the price.
- Upgrading wheels costs between $1,500 and $4,500, depending on the model.
- The price difference between a basic and a fully-loaded Tesla can be over $20,000.
When buying a Tesla, remember to add the cost of premium features and options. This will help you understand the total cost.
Cybertruck Pricing and Available Variants
The Tesla Cybertruck is a game-changer in the pickup truck market. It has a unique design and amazing features. It comes in different prices to fit various budgets and tastes.
The basic Cybertruck has a dual-motor setup and starts at $81,985. It can go up to 340 miles and speeds up to 60 mph in 4.1 seconds.
The top model, the Cyberbeast, costs $101,985. It has three motors, 845 horsepower, and 10,296 lb-ft of torque. It can travel about 320 miles.
| Model | Price | Range | Acceleration (0-60 mph) |
|---|---|---|---|
| Dual-Motor AWD | $81,985 | 340 miles | 4.1 seconds |
| Tri-Motor Cyberbeast | $101,985 | 320 miles | N/A |
The Cybertruck doesn’t get the federal electric vehicle tax credit because it’s over $80,000. But, you might get state incentives to help with the cost.
Tesla is always making the Cybertruck better. Prices and options might change. Keep up with the latest on Tesla’s electric vehicles.
Federal Tax Credits and Incentives
Buying a Tesla electric vehicle (EV) can save you a lot of money. This is thanks to federal tax credits and state incentives. The $7,500 federal tax credit is a big help in lowering the cost of your Tesla.
Qualifying Tesla Models
All Tesla models, like the Model 3 and Model Y, qualify for the federal tax credit. They must have a battery of at least 7 kilowatt-hours. Also, the car’s weight must be under 14,000 pounds.
The car’s price also matters. It should be under $55,000 for sedans and $80,000 for SUVs and trucks.
State-Specific Incentives
- Many states give extra help to Tesla and EV owners. This includes rebates, tax breaks, and special lane access.
- For example, California offers a $2,000 rebate for Tesla buyers. Colorado gives up to $5,000 in state tax credits.
- It’s important to check your state’s EV incentives. This way, you can save even more.
By using both federal and state incentives, Tesla owners can save a lot. Make sure to look into all the options. This will help you save money when you buy a Tesla.
Tesla Financing and Lease Options
If you’re thinking about getting a Tesla electric vehicle, you’ll find Tesla’s financing and leasing options appealing. They offer plans for both owning and leasing, fitting various budgets and preferences.
Tesla’s financing plans last from 36 to 84 months, with APRs starting at 6.34% for top credit scores. Their partners also offer lease terms from 24 to 36 months, with mileage limits of 10,000 to 15,000 miles annually.
The 2024 Tesla Model 3 Electric can be leased for $299 a month for 36 months with a $2,999 down payment. The 2024 Tesla Model X Electric Plaid might cost around $1,460 a month with no down payment needed.
Tesla’s plans aim to make their electric cars affordable for more people. They offer competitive rates and flexible terms to encourage a shift to eco-friendly transport.
| Tesla Model | Lease Deal | Financing Deal |
|---|---|---|
| 2024 Tesla Model Y Electric | $461/month, $0 down | 0% for 36, 48, and 60 months, 0.99% for 72 months, 2.99% for 84 months |
| 2024 Tesla Model S Electric Plaid | $1,409/month, $0 down | 5.29% for all financing terms |
| 2024 Tesla Model 3 Electric | $410/month, $0 down | 0% for 36 months, 0.99% for 48 months, 1.99% for 60 months, 2.99% for 72 months, 4.99% for 84 months |
The details of tesla car financing and tesla lease deals can change based on your location and credit score. Always check with a Tesla sales rep or visit their website for the latest info and tailored options.
“Tesla’s financing and leasing options make their electric vehicles more accessible to a wider range of customers, helping to drive the adoption of sustainable transportation.”
Additional Costs of Tesla Ownership
Buying a Tesla might seem pricey at first. But, there are ongoing costs to think about. These include charging, maintenance, and insurance. All these factors can affect how much owning a Tesla costs.
Charging Infrastructure Costs
Charging your Tesla at home can save money. You might need a 240-volt outlet installed, which costs $500 to $1,200. The Tesla Wall Connector, for faster charging, is about $425 with your car.
Using public Supercharger stations adds to your expenses. Fees start at $0.25 per kWh. This means a full charge could cost $15 to $30.
Maintenance and Insurance
Tesla owners often pay less for maintenance than others. This is because Teslas have fewer parts that move. But, battery replacements outside the warranty can cost $3,000 to $7,000.
Also, Tesla’s advanced tech and limited body shops can raise insurance costs. Full coverage policies can be around $329 a month.
