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Although its advantage has begun to diminish as we approach 2023, Tesla remains the global leader in EV market capitalization. While other automakers drive their new electric models through a door in the automotive industry that Tesla first opened, the American manufacturer continues to provide four top-rated EV models. Prices, however, have risen in recent years and continue to vary. So, how much does a Tesla cost, and what is the Tesla cheapest model available in 2023?
What is The Tesla Cheapest Model For 2023?
1. Tesla Model 3
The Tesla Model 3 is a mid-size electric vehicle that is presently the most affordable Tesla model. Even after the 2022 Tesla Model 3 price hike, it remains the company’s most inexpensive model. The basic model is now $46,990 and only comes with rear-wheel drive. The price then rises to $69,000 for the all-wheel drive version, which includes better autopilot, customizable interior and exterior, and full self-driving capability.
Other trim levels, such as the Model 3 Long Range and Model 3 Performance, are available. The Long Range variant starts at $57,990, while the latter costs $62,990 without any additional enhancements.
The base Tesla Model 3 has a twin-motor all-wheel drive system. However, unlike previous systems, it employs two separate motors. The motors digitally direct torque to the front and back wheels, providing outstanding handling and considerably superior traction control.
The Tesla Model 3 has a range of 358 miles on a single charge and speeds from 0 to 60 mph in 3.1 seconds. You will, however, have to pay for the charging connector regardless of the trim you select.
2. Tesla Model Y
The Tesla Model Y is a substantially bigger electric vehicle that costs more than the Model 3. There are two trim levels to choose from AWD Long Range and Performance. The dual-motor Long Range Model Y begins at $65,990, while the Performance trim costs $69,990 with no extras. Add-ons like Advanced Autopilot, 20″ wheels, red paint, white interior, and a tow hitch will raise the price of both Model Y models by up to $15,000.
The seven-seat cabin is a prominent feature of high-end vehicles, with customers able to add a third row for an additional $3,000. You may also add Tesla’s Full Self-Driving capabilities for an extra $12,000; however, this may alter your vehicle’s delivery date.
The Tesla Model Y has an estimated range of 310 miles and a peak speed of 135 miles per hour. The 0 to 60 mph test takes only 4.8 seconds. Despite Model Y’s amazing features, some reviewers have pointed out a few flaws. For example, the car’s interior material needs to meet expectations. Furthermore, the vehicle’s greater center of gravity might result in a harsher ride on uneven roads.
3. Tesla Model S
Aside from the original Tesla Roadster, the Vehicle S is the American automaker’s oldest EV model and the one that has been in production the longest. As cheaper Tesla models such as the 3 and Y have appeared over the years, sales of higher-end EVs such as the Model S have declined. Consumers who can afford the Tesla Model S trim pricing are still buying in 2023, especially with the Plaid trim’s high-end specifications.
The Dual Motor Model S presently has an MSRP of $94,990, around $10,000 less than the rest of 2022. Despite the lack of add-ons, the $95k Model S can accelerate from 0 to 60 mph in little over three seconds and has an EPA estimated range of over 400 miles.
The equipped Dual Motor Model S offers equal performance but with additional extras like as red paint, cream (or black and white) upholstery, and FSD capabilities – all for $118,990. This pricing also includes 21-inch Arachnid wheels, which reduces the range of this trim to 375 miles.
Despite the Dual Motor Model S’s great specifications, they pale in comparison to Plaid and the price tag that comes with it. The tri-motor Model S Plaid has an MSRP of $114,990 with no options. However, the total price is $138,990, including those same Arachnid wheels that sacrifice a little range (48 miles). To begin 2023, Tesla not only reduced the costs of all of its models but also began providing Model S buyers the option of a normal steering wheel in addition to the yoke.
Tesla vehicles are not inexpensive, but they provide excellent value for money. They have outstanding safety ratings, emit no carbon dioxide, and provide good driving performance. Compared to typical gas-powered automobiles, all Tesla models offer reduced operating expenses.
You may also charge your vehicle using your home solar panel setup. Using solar energy as a fuel source can help you decrease your environmental impact even more.